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Opinions on my plan to clear my debt
Comments
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But taking this option the debt would move over, not an additional debt, and take less time?
How many times have I convinced myself and my OH that our debt consolidation loans were just this - not additional debt but moving them across and taking less time. We then found ourselves unable to cope, borrowing more and spiralling out of control.
I would stick with paying the DMP and not borrowing more in any way, shape or form.DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k :eek: Now debt free and happy :j0 -
January2015 wrote: »How many times have I convinced myself and my OH that our debt consolidation loans were just this - not additional debt but moving them across and taking less time. We then found ourselves unable to cope, borrowing more and spiralling out of control.
I would stick with paying the DMP and not borrowing more in any way, shape or form.
I agree totally. Been there done that also, hence the reason I am on here along with many others
Hope you work out what's best for you.
Good luck
SP 9#531=£620/SP 10 # 531=?PDBX 2016 #2 = £16,766.67/£12,000
PDBX 2017 #2 = £1,200/£12,000
''If you want the rainbow, you gotta put up with the rain''0
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