We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Up to my neck in it...
Comments
-
I won't go into why I got into debt in public; it's just too painful. I am talking to somebody about it, though. Suffice to say it won't happen again. One thing I've always been able to do is learn from my mistakes, and this was the biggest one I'll ever make.0
-
Given the large amount of equity you have in your house i what you are planning may be viable. However Pixie has hit the nail on the head, you have to make sure it doesnt happen again.
However if you are not making your payments you are trashing your credit history now, which may make rebuilding more difficult. Don't discount a DMP, speak to Stepchange. These are big decisions and you want to get it right.£1000 Emergency fund No90 £1000/1000
LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards