Looking into DMP but need advice

longtermplanner

I'm not surprised no one wants to lend you any more money at 0%, you have a LOT of debt given your low income.

No road tax? Car maintenance looks low. Your disability benefits - do they pay for your car?

I think your situation is quite difficult to choose between a DMP and snowballing. If you can earn more, that would help, even 15p in the £ will be useful. The more you can pay off the debts the faster they go down. And a higher income would mean you are more likely to get another 0% deal

I think I would persevere and try to get more work. But then if 0%s end I would opt for a DMP.

KrazyKel

Sorry Its been a while since I posted
Car maintenance is an estimate - car tax is disabled so no cost there

Still need to find out when most my debts end their 0% so can aim to switch/pay before they end
Barclaycard is May 2015
Virgin is Sept 2015

I don't spend anything on the cards or add to them its just the overdraft i keep using more and more as 'its there'
Kind of wish I had a low interest loan to consolidate all my debts with one regular monthly payment but know i wont get a one with my level of debt
Thinking of maybe a new basic bank account instead transfer all my pay/DD's and treat the OD as like a Credit Card and get rid of the card to stop spending...

Checked my credit score on noddle and its 3/5
Looking at all my accounts, does show on my old barclaycard account a AA under one payment (was first or 2nd month in, think it was a DD wasnt set up in time, they refunded a charge tho and kept the 0% in Jan 2012) but other than that theres no late/missed payments on any accounts