Advice on who to use to help offer reduced monthly payments...

Andyph

Evening all,

Have got myself in to a bit of debt ( about 20k ) and even after trimming all my spending down my outgoings are more then my income. This will change in the future when the wife goes back to work after our 2nd child is older. At the minute though i am just going further into my over draft each month.

I would like to sort out a payment plan but worried about going direct to the banks ( halifax 5k cc and lloyds 11k loan ( only 3 months old and 1400 cc / 1400 over draft ) i did have more cards and loan and so consolidated them into the big loan as was expecting my income to increase but this didn't happen...

anyway, enough of the rabbling on, i don't want to go bankrupt and to date haven't missed a payment with anyone. who is best to help me deal with the companies and offer them £10 - £30 a month...

matttye

Stepchange/CAB/any other free charity/service.

If you want, people on here can suggest further reductions in spending if you fill out a statement of affairs:

http://www.stoozing.com/calculator/soa.php