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Finally got my head out of the sand... And its not good!

CountingPennies
Posts: 1,893 Forumite

Hello all!
After years and years of bad debt and habbits, i've finally started to get my life back on track and decided tonight that i would pay to look at my credit score. Really wish i hadn't bothered! My score is 192 (please don't lecture me, i know what i've done).
So i guess my question is, is there any way out of this?? Has anyone ever had a low score like mine? It all stems from years go starting with a creditcard when i turned 18. I'm now 29.
My average debts at the moment stand around £3000.... i think. And that includes my 1 CCJ which is £585. I'm gonna sit down and sort through my finances and work out what i can afford to pay everyone. I'm married, have a son of my own, and also legal guardianship over my 2 step daughters. I can only work part time as i'm also studying to try and give myself and my kids a better future.
So, any advice would be much appreciated on where to turn next, because i really don't have a clue. I just some moral support would do! My husband knows everything so i'm not keeping nothing secret from him and we are gonna sort his credit report out once we know what we are doing.
Thanks to anyone who reads this....and good luck to anyone else in my position!
:beer:
After years and years of bad debt and habbits, i've finally started to get my life back on track and decided tonight that i would pay to look at my credit score. Really wish i hadn't bothered! My score is 192 (please don't lecture me, i know what i've done).
So i guess my question is, is there any way out of this?? Has anyone ever had a low score like mine? It all stems from years go starting with a creditcard when i turned 18. I'm now 29.
My average debts at the moment stand around £3000.... i think. And that includes my 1 CCJ which is £585. I'm gonna sit down and sort through my finances and work out what i can afford to pay everyone. I'm married, have a son of my own, and also legal guardianship over my 2 step daughters. I can only work part time as i'm also studying to try and give myself and my kids a better future.
So, any advice would be much appreciated on where to turn next, because i really don't have a clue. I just some moral support would do! My husband knows everything so i'm not keeping nothing secret from him and we are gonna sort his credit report out once we know what we are doing.
Thanks to anyone who reads this....and good luck to anyone else in my position!
:beer:
Slimming World Challenge 2017 0/30.5lb
Grocery challenge 2017 JAN: £5.56/£350
Grocery challenge 2017 JAN: £5.56/£350
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Comments
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Hi didn't just want to read this and run, all i can say is ring the CCCS or one of the other charity debt help people. I took the plunge in April and started on a DMP i just wished i'd done it sooner. No one will judge you and you will start to fell better. Good luck
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I'm 29 too (30 at the end of the month), and like you I buried my head in the sand. I was wreckless and used it to buy unneccessary crap. I maxed the cards out too and to be honest looking back at it I am deeply embarrassed. I did start to pay them back but unfortunately I feel ill due to depression and lost my job. I moved during the process too but didn't say anything, so it wasn't until the debt collectors found me that I started to pay it back. I was fortunate though that none of it resulted in a CCJ.
I know that burying your head is the worse thing you can do, but mate it will be fine in the end. If you come to an agreement with your creditors to pay such and such off each month and I can assure you the light at the end of the tunnel will come quicker than you think. I'm nearly at the end of the tunnel. I only have a total of £400 left to pay and things are starting to pick up for me. I am a lot more fiscally conservative and careful with money now. It's the best thing anyone can do. :cool:
If you believe in yourself and think positively things will get better for you too. Good luck! :beer:Gone from Poor to Excellent Credit. Proud of my recovery. Never going back to the sub prime!
NatWest Select, Advantage Gold, First Reserve & e-ISA account holder. Holding: NatWest Platinum MasterCard, Virgin MasterCard and American Express Gold charge card.0 -
Thanks for your words....i'm sure i'll get there in the end. And good it hear i'm not the only one! :-)Slimming World Challenge 2017 0/30.5lb
Grocery challenge 2017 JAN: £5.56/£3500 -
Have you done a SOA (Statement of Affairs)? If not, post it up here so people can look at the details of the situation and offer sensible advice about where you can cut back and where to throw any surplus money.
There's always more than one way to address these issues, and there's plenty of experience here!! The biggest step is realising there's a problem and deciding to do something about it, so well done.
Good luck on the journey!It's only numbers.0 -
stueyandkatie wrote: »Thanks for your words....i'm sure i'll get there in the end. And good it hear i'm not the only one! :-)
You will definitely get there. I'm currently on course to become debt free on July 25th. It's a day I have highlighted for a long time now. It's felt like a marathon but it'll be a feelgood thing. I actually had my Step account at NatWest upgraded and although I was declined a credit card with them at the moment, I applied for a Capital One Classic card and they accepted me. I'm not sure what my limit is (I was accepted online and I've only had my PIN thus far) but I'm making sure that I watch what I spend and I'll make sure I pay it in full each month. The near 30 y.o. me is much more mature than the 19-20 y.o. me.Gone from Poor to Excellent Credit. Proud of my recovery. Never going back to the sub prime!
NatWest Select, Advantage Gold, First Reserve & e-ISA account holder. Holding: NatWest Platinum MasterCard, Virgin MasterCard and American Express Gold charge card.0
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