A long shot but hear me out

Moneycoach

8 years is a long time.


You are already making payments now so all you will be doing is moving money around. You have seen the game with the pea and the cups, the pea changes position but it is still there. That is what you will be doing with your debt!


The only way to get rid of it is to attack with everything you have.
1. Create a monthly budget, put all your income and expenses on paper and see how much to can pay each month on these debts. If it really is only £600 per month you are looking at 6 years.
2. Sell something, is your car on finance can it be sold and you buy a cheaper one with cash, what can you put on eBay? Clothes, books, pets, children etc Joking about the last 2, but not much...
3. Get a second job, deliver pizzas, stack shelves bring in some extra money. Another £600 would change your life and reduce your term to less than 3 years.


Let me know what you think and what you plan to do, we are all here to help even if it is tough love!