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can anybody help
Comments
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Yep have tried A&L, no luck, as with barclays aswell.
Yes iam on the electoral roll.0 -
Kay,
First of all, well done for posting and welcome to MSE.
To borrow £2k at 60% over two years is, as the others have said, complete madness for the sake of saving yourself two direct debits a month.
Do you still use the catalogue and Argos? If so, you need to stop! You'll be getting yourself into a bigger hole and before you know it will be in debt up to your ears.
Your outgoings are'nt really that bad. You live at home - so is there anyway that your parents will reduce your rent so that you can snowball your debts and clear them quicker? Could you maybe get a small part-tiume job, or try Bettaware etc to make a bit more money?
Keep a spending diary and keep track of every penny you spend. Buy a small diary, and everytime you spend ANYTHING, whether it be on cards or cash, make a note of it, even if it's only 35p on a newspaper. This way, after a few weeks you'll have a better idea of where all your money is going.
Good luck, but whatever you do, DON'T TAKE THAT LOAN!!BCSC # 9 and proud! :beer:0 -
just had a look at this website. Excellent. Especially next year I will be changing over mortgage lenders.
thanks for the advise:A Tomorrow's just another day - keep smiling0 -
Have you looked at how much you will pay over the 2 years?0
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KayJ066 wrote:I want a loan to consolidate all my exsisting debt and have 1 monthly payment instead of 2/3.
I don't go out very often, i take packed lunch, my sister is a hairdresser and i live with my parents so food is taken care of.
Hi Kay - please be very wary of taking out a loan to consolidate your debts. It is, I agree, an attractive proposition to only have one reduced monthly payment - but there is always a price, and with consolidation loans, the 'sting in the tail' is usually that you are paying over a much longer period, and will end up by paying much more than if you continued with your existing loan payments.
There are OTHER options - post an SOA and we will see if we can give you some better advice.:beer:I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0
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