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Credit Card Help
mercjohn
Posts: 1 Newbie
Help!
I am here due to circumstance, I have recently been divorced & through the courts for resolution.
I have been left with a loan with Natwest that was in place before the seperation which has 5yrs to run with a monthly payment of £275.
I have also got 3 credit cards:-
Halifax with a balance of £10,000 - monthly payment £138
Santander - balance £7200 - monthly payment £162
& Barclaycard - Balance £4500 - monthly payment £100
I have atempted to get a debt consolidation loan to cover the balances but have been declined.
The Halifax & Santander Cards are close to their limits.
Can anything be done to reduce the overall monthly payment as it is causing me some pain.
Kind Regards
Steve
I am here due to circumstance, I have recently been divorced & through the courts for resolution.
I have been left with a loan with Natwest that was in place before the seperation which has 5yrs to run with a monthly payment of £275.
I have also got 3 credit cards:-
Halifax with a balance of £10,000 - monthly payment £138
Santander - balance £7200 - monthly payment £162
& Barclaycard - Balance £4500 - monthly payment £100
I have atempted to get a debt consolidation loan to cover the balances but have been declined.
The Halifax & Santander Cards are close to their limits.
Can anything be done to reduce the overall monthly payment as it is causing me some pain.
Kind Regards
Steve
0
Comments
-
Hey Steve
I think you need to fill in an SOA
I'll try to find a link for you. It'll help people see where you can make savings.
Regards to cc's 0% is best! but I know from experience it's tough to get 0% deals when you are heading for trouble.
Edit
Knew I had a link somewhere
http://www.stoozing.com/calculator/soa.php
Come back and let us know where you are with this.Debt -it's a fight that I'm winning, dealing with debt one day at a time.
Estimated DFD August 2018 - 2031 - now 2027 :T
Guide dog Tess, missing Scotland 2 years
DMP support no438.0
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