maxed out !!!

CHR15

RichGold wrote: »

I wouldn't even try God, firstly as he's often known to ignore prayer .

I spent years preying for a new bike but then realised the above was true.

I stole one and preyed for forgiveness. :cool:

oldhand

RichGold wrote: »

I wouldn't even try God, firstly as he's often known to ignore prayer and secondly as he's a impalpably abstract concept who like the Easter bunny, Santa, Ant & Dec and the Thunderbirds, doesn't actually exist.

SANTA doesnt exist????????

poppasmurf_bewdley

oldhand wrote: »

SANTA doesnt exist????????

Oh yes he does, and my kids could take you to his house. It's quite near here. :)

chesky369

RichGold wrote: »

I stand corrected.







Apparently Ant & Dec are real unfortunately. More's the pity.

Yup - saw Ant and Dec in my local pub the other evening.
And the Easter Bunny was drawing pints behind the bar!

oldhand

poppasmurf_bewdley wrote: »

Oh yes he does, and my kids could take you to his house. It's quite near here. :)

:j:j:j:j:j:j:j:j:j:j:j:j

KingElvis

Wow, that's a lot of debt, you need to get down the Debt Free Wannbe baord and have a chinwag.

Most important thing first? stop spending on tat and get any rubbish you've bought sold.

blisteringblue

If you are serious then there is no point consolidating you will just do it again. You need to learn how to curb the spending before taking on any additional borrowing. We have all been there.

Your answer is snowballing the debts, you will find that you can pay it off quicker than the loan term anyway without any additional borrowing. Yes your lifestyle will change, but it needs to if you don't want to be back here with double the debt in 3 years.

Head over to http://www.whatsthecost.com/snowball.aspx and put your figures in, but most of all stop spending. Sounds like you have done though if you have cut up the cards.

RuthnJasper

This was my situation a few years ago. Only an IVA saved me in the end. NEVER again!!

Good luck OP. xx

beverleykim

conti_rx356v3 wrote: »

quite stupidly i have maxed out 3 credit cards totalling 25k i am well paid with a salary of 30k plus around 10k in bonusses, i am willing to take on a loan for the total amount for as long as 10 years is this the right thing to do?? i have already cut up my cards, and can you give me an idea of whom to borrow the money from ??

Hello

I'm new to this subject, but have been finding the reclaiming PPI part of this site very useful.

But I just wanted to suggest something to you with regard to your three credit cards. Speak to the companies concerned and ask if they will reduce your interest rate on each card (American Express will do this) so that the amount you pay off each month does not just cover the interest. Good luck