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Catalogue Debt.
Simonejamilla
Posts: 1 Newbie
Hi all.
New to this. I have no family in this country, I live on my own and I have a life threatening illness, and Mental Health problems. I am finding it difficult to pay off my catalogues. The interest they charge is making it painfully slow. I am on DLA/IS. Really want to pay them off. Spoke to National Debt Line, and they said because I have a surplus of £500 a month I can afford to pay the mimimum payments each month. Plus my creditors would take issue with my mobile phone contract, and Broadband and Cable Telly bills, I sound like a right one I know.:o But I don't go out, I am a recluse because of my illnesses, and things like Broadband and Telly really help.:j Basically, there are not many options for me, apart from writing to them with my proof of illnesses. Does anyone have any advice.
New to this. I have no family in this country, I live on my own and I have a life threatening illness, and Mental Health problems. I am finding it difficult to pay off my catalogues. The interest they charge is making it painfully slow. I am on DLA/IS. Really want to pay them off. Spoke to National Debt Line, and they said because I have a surplus of £500 a month I can afford to pay the mimimum payments each month. Plus my creditors would take issue with my mobile phone contract, and Broadband and Cable Telly bills, I sound like a right one I know.:o But I don't go out, I am a recluse because of my illnesses, and things like Broadband and Telly really help.:j Basically, there are not many options for me, apart from writing to them with my proof of illnesses. Does anyone have any advice.
0
Comments
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If you have a surplus of £500 a month...why dont you just pay the debt off? Have we mis-understood the situation?Debt Free! Long road, but we did it
Meet my best friend : YNAB (you need a budget)
My other best friend is a filofax.
Do or do not, there is no try....Yoda.
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Any advice will depend on how much debt you have, what interest % is charged, monthly payments on the debt, income and expenditure.
All this can be entered into a Statement of Affairs - see http://www.makesenseofcards.com/soacalc.html and press the button for MSE at the end, post the info here and people will be able to advise on the best way forward.
The advice is likely to be: change to a cheaper phone contract, cut to lower BB & TV packages, check you are paying council tax over 12 months instead of 10, check if changing utility suppliers will save money.loose does not rhyme with choose but lose does and is the word you meant to write.0
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