long term loan on low salary

lynseyf

I only earn £14k and due to various problems have amassed 10k of debt on cc's. i would really like to consolidate this in a loan but don't know if I will have problems due to my lower salary. Any advice?

mountainofdebt

Don't consolidate.

I know its not exactly what you wanted to hear but I don't think that you will solve your problems in the long term by consolidating - speaking as one who has been there and got that particular t-shirt.

Go over to the Debt free wanabee board and post full details of your income, expenditure and debts including limits, aprs and balances and people will suggest ways of cutting back so you can throw the money at the debt.

lynseyf

I don't earn enough to get o% cc's for this amount. Some of my debt is on 0% but the deals keep running out and it is really stressing me having to constantly keep shopping around for new ones. I know consolidating my debt to one loan will only work if i don't use the cc's again and fully intend to do so. I can meet my minimum repayments just now and am trying to throw as much money against the debt as poss. I just want some suggestions for a company which will give me a loan on my salary. My credit rating is good just now, I have never missed a payment.