Which debt consolidation company ?

plum44_2

Cool, thanks for that.

Has your agreement with CCCS (will read up on them in a moment) affected your credit score at all ?

Yes my credit rating will be affected for 6 years from Nov 10 as I am paying reduced payments and no interest. I can live with that as I dont plan on using credit cards in the near distant future and I already have a Mortgage.
I had run out of credit and the minimum payments were getting me nowhere. It has completely turned my life around and taught me to live on what I have. I no longer feel trapped in a cycle of debt and I can see a light at the end of the tunnel. Good luck x

Grumpelstiltskin

Medic as Plum has pointed out to you your credit rating will be trashed if you go onto a debt management plan, but what is the alternative? Get a loan, pay off your outstanding debt, then run up more debt, get a loan pay off your debt run up more debt...........................................

You need to understand why you get into debt in the first place, you need to know exactly where your money goes each month, can you cut down on anything else? Are you getting the best deals on everything? etc. etc.

There isn't a quick fix but the harder you are prepared to work at it then the sooner your debt will be paid off.

plum44_2

That's it in a nutshell- great advice Grump.