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Credit Card, Student Loan & Bad Credit
Barnesy1980
Posts: 1 Newbie
in Credit cards
I need some advice really Martin. I have a history of bad credit, how do i improve it? Also i have a student loan with RBS of £2000 and Vanquis credit card with £2500 limit and really high rate of interest, am really struggling to pay these debts of, what is my best option? Also what is best way of saving?
0
Comments
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Hi, first off welcome to MSE. As you say you're struggling with debt repayments, I'd recommend going over to the Debt Free Wannabe board which can be found here.
Begin by reading this thread, which will tell you how to post a statement of affairs (SOA). This a sheet showing all your monthly incomings and outgoings, and if you post it in a thread in DFW then people will advise you where you can cut back, and free up money for debt repayments.
This is also a good link to read about how to deal with problem debt.
Hope that helps.
2023 Mortgage-Free Wannabe #19: £11,675.68/£13,000
Mortgage Overpayment Total: £22,397.10
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