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Debt advice

Good afternoon, I need you're expert help!

I am currently in £2500 of debt, it has quickly creeped up on me from a credit card, catalog accounts and payday loans. My worry is the interest. At present I cannot afford to pay the debt off quickly enough, only meeting minimum payments (mostly interest).

I don't have the best credit score, any advice to the best loans ect would be a great help. Thanks!

Comments

  • Tixy
    Tixy Posts: 31,455 Forumite
    Hi and welcome

    You say you don't have the best credit score - do you know what actually shows on your credit file? do you have missed payments? defaults? CCJs?

    Have you applied and been declined for a new loan orcredit anywhere?

    If you are struggling with the repayments on your existing debts then it is probably unlikely you will find a lender willing to offer you a further loan.

    If you are struggling then people may be able to advise you on other options and make suggestions so you can afford more towards your debts if you complete and post a statement of affairs so people better understand your debts / repayments / APRs etc - http://www.stoozing.com/calculator/soa.php
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
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