Taking the plunge... Wanted - advice please!

Lucy1982_2

Hi

i just want to ask something.

Are you paying the minimum payments plus £20-30 on each card or are you over paying on each?

If so wouldn't it make more sense to overpay a larger amount on one card and pay them off that way?

I may have mis understood your post so I do apologise!

But welcome and good luck as with most things in life, this is fixable it you work at it.

findingmyownway

Welcome,

Lucy 1982 is right. If you can afford to overpay it should all be directed at the card with the highest APR. This is known as 'snowballing' check out https://www.whatsthecost.com for more info.

I think a spending diary would certainly help you find out where your money is going. Check out southernscousers sticky on the main board for all the things an SOA / budget should include.

Also, what have you spent the £30,000+ on? Anything that can be sold??