Debt Advise Please?

Mark1000

Dear All,

I have been reading various posts regarding "debt" and was hoping someone could give me a new angle on things please.

Basically, I have two loans both at the same place and I am over-drawn every month. I have looked at this situation from every angle that I can but cannot see a solution. Also I have a junior wage role.

Now what I try to call the positive side. I do not spend a great deal of money plus_ it was not because I was stupid with my finances but because I lost two jobs and my junior role has the potential to make a huge difference in my salary in the near future. Also I do not have any other debts and no house etc...

I all ready know how serious my situation is I feel stressing about it does not help. I do not believe in mircales and I have got my self out of the red before.

Can anyone advise please?

Kind regards,

Mark1000

Tixy

Hi

Are you in your overdraft up to the same amount each month? Or are you managing to reduce it at all, or is it increasing each month?

Have you written out an income & expenditure or a statement of affairs to show what you have coming in and going out each month?

How much longer do you have left on each of the loans?