default on loans/credit cards

hanspans

hope someone can give me some advice here please. any suggestions greatefully received.
this is a bit long, but basically this year i was having employment troubles and was out of work, so i didn;t pay my debts and have defaulted with two debtors. i have about £13k debt and have defaulted on about 2 out of 5 debts. i got a good job and was paying ok but then there was trouble at work, and i left. now, i am earning but far less and struggling to pay the money each month. so, i think its best to apply for another loan and consolidate. obvously, i;ve defaulted so i wonder if anyone could tell me if they think anyone would lend me a loan with these defaults?
I know about the CCCs routes, but i want to ay the money back in full and to try and retain some financial control. any ideas ?

trying-very-trying

Hi, and welcome to the site.

it's impossible to offer advice without a full statement of affairs, check out southernscousers sticky, it'll give you loads of tips http://forums.moneysavingexpert.com/....html?t=107280

After you have done this, we can have a look and suggest ways that you can cut back.

newmum1

I would not consolidate as cause you defaulted you may not get a good rate. You could try writing to your creditors and explaining the situation and offering token payments, its worth a try

hanspans

Ok, well let's start at the beginning. Last october i was very ill and was off work from October - January. January til April I was only earning £6 per hour, and with a rented flat etc, I couldn;t afford to pay back my orginal
contractual obligations to debtors.
My contractual obligations are:

MBNA VISA/MASTERCD £40.00 Monthly
CAPQUEST DEBT RECO £200.00 Monthly
MCS £40.00 Monthly
HJ CLEMSON CURRENT CURRENT ACCOUNT £160.00 Monthly
BLAIR, OLIV, & SCO £40.00 Monthly
Totalling £480 per month.
Then April came and I got a new job, earnin £1500 per month - so I went back to monthly repayments. Not really on a payment plan just enough to cover original payments and to keep the debtors at bay. They are
happy with my repayments.
So, then terrible thing happened at work, and now I am again earning £6 per hour and the figures don't add up, see below. So, I've been subbing myself with a Credit Card I have. This is ok, and I felt it was important to
keep paying (even if I am only robbing Peter to pay Paul) because it shows willing, and I am hoping to be earnin good cash soon anyway.
But my Credit card is near max now, and I've no new job as yet. I keep applying, but I am wanting to gather info just in case there is no job in the next few months, and I am in a similiar situation as before, i.e cannot
afford to make the £480 per month.
So....I take a look at my credit report, because realisitically, my plan was to apply for a new loan when the arrears were cleared and the score was up. I've made about 6 payments so far, so it should be gettin better.
Credit score says the following:
2 defaults
3 up to date payments

My questions are:
- will anyone lend me a loan?
- when do defaults dissapear?
- can i do anything to improve my status and get a loan?
I really need to get the payments down, and my plan was to apply for a loan when I had made 6-8 payments however with these defaults I am not sure anyone will lend me.
Any help appreciated.

hanspans

thanks for help so far guys. i could try writing to them, not sure if they would go for it. perhaps i could that now, and it will take the pressure off.