Payday/Student Overdraft help

nathancross

Hi Guys

I am in a bit of a bother, I Graduated from university last year and managed to take out a £2k overdraft with Natwest, it came to my attention that I need to pay by the end of next month.
I also owe
Payday Express £650, Wonga £750 which have both gone to the collections team and intrest is growing
I was made redundant at this start of the and currently looking for work….. oh yeah And I also have a baby due at the end of this year

Can anyone give me some advice?

lippy1923

You need to speak to all companies you owe and try and arrange some sort of agreement to pay. This will show negatively on your credit file but it sounds like it's already shot to hell

Do you have any family you could borrow the money from to help you out? You need to work out what you're outgoings are and cut all unnecessary spending. Mobiles, sky tv, going out etc.

Are you able to sell anything on ebay/gumtree?

Get your CV looked at and put it on all job sites you can, hand it in at agencys and apply for everything and anything.

nathancross

lippy1923 wrote: »

You need to speak to all companies you owe and try and arrange some sort of agreement to pay. This will show negatively on your credit file but it sounds like it's already shot to hell

Do you have any family you could borrow the money from to help you out? You need to work out what you're outgoings are and cut all unnecessary spending. Mobiles, sky tv, going out etc.

Are you able to sell anything on ebay/gumtree?

Get your CV looked at and put it on all job sites you can, hand it in at agencys and apply for everything and anything.

Thanks i should be able to clear sum, i should be getting a tax refund at the end of the month