Part time work in 4000 debt any help would be great!

cyclone-

hi
im in 4000 of debt and want to no what the best option is for me I have tried applying for a few loans but keep getting turned down any help would really be appreciated I earn around £500 every 4 weeks.

Tixy

Hi

We need more information to be able to offer any advice.

What debts do you have at the moment - balances and APRs?
Are these cards? overdraft? payday loans?

What other outgoings do you have to pay for with the £500 you earn? How much can you afford to put towards your debt repayments a month?

cyclone-

I have 3 cards I got a Barclay card which i owe £2750 on a Halifax card I owe £250 on and a creation card I owe £1000 on.

I live with parents so only out goings i got is like £50 a month for food and my phone bill which is £50.

I can afford to pay £100 a month.

Tixy

What are the minimum payments on the 3 cards? presumably they total more than £100?

Are you currently behind with the repayments?

cyclone-

no minimum payments only like £20/30 on each one

cyclone-

been trying to pay £50 of each one though every time i get paid.

Victoria270385_2

try applying for another part time job. I work part time as my 2nd job at matalan, 12 hours a week, they hire their christmas temps to start in october so i would send an cv off to them.

cyclone-

thats where i work atm 20 hours a week but they will not allow me to have a 2nd job as they want me available every day as my router changes weekly

Tixy

If you are managing to meet the minimum repayments then its difficult to offer much advice other than trying to increase your income somehow.
Either by a second job or do you have anything you can sell to try to raise some cash to put towards the debts?
What were the cards used for to build up the debts? anything you can now sell?
Could you fit an evening job perhaps in a pub or restaurant around your current hours? Is there any chance of overtime at your current job - especially at the moment when people might be taking holidays?

What are the different APRs on the debts? With any spare cash you have focus on paying off the most expensive first.

cyclone-

ok thanks for advice i got in to det by going out to much drinking to much ale and gambling to much which i am now cutting down on.