Need some advice please.

upsy_daisy_7

Hi i am quite new to this so hope i get this right.

I am in quite some debt, well i think i am. here are my debts.

Alliance & leicester (7.5%) owe £16,600
First plus (8.5%) owe 6,600
Littlewoods owe 1,250
Virgin credit card (15.5%) owe 1,320
virgin credit card (15.5%) owe 2,100
Argos (29.9%) owe £400

They are pretty much it as well as owing my dad £300. I have phoned the national debtline up and i am considering a debt management programme.

Our monthly income is £1550 per month (basic) and we are paying out about £1700 per month. I am not getting any where with my debts.

I would be greatful for any info on what to do and wether anyone has or is on a debt management plan.

Thanks x:hello:

oops_a_daisy

Hi there upsy daisy from oops a daisy :hello:

have a look at the sticky thread at the top of the list of threads called 'first time posters' by southern scouser. Try to do a full Statement Of Affairs ( SOA ) so that a full picture of your current situation can be looked at and the best advice can be given. Also there is a thread on here for support for poeple on DMPlans - you may find some good advice there and others in your situation.

Well done on posting - you have made the first step - good luck xoopsx

hypno06

Hi there and welcome to DFW, and MSE.

There are lots of people on these boards who are on a debt management plan, and will be very happy to give you the support and advice that you need.

I will try and find a link to the thread for you.....back in a mo, unless someone beats me to it!

GingerSte

Hi Upsy Daisy. Welcome to the board.

First off, leave National Debtline alone as they will charge you for their services. If you need free legal advice on DMP's then go to the Citizen's Advice Bureau (I can never spell that word!) or the Consumer Credit Counselling Service. Local numbers for both of these should be in your phone book.

Also, I would suggest that you post a statement of affairs in this thread. For details on this see the sticjy at the top of the board, but basically its a list of your monthly incomings and outgoings. The clever people on this board (we all wear white coats and glasses) will then pick it apart and see if we can save you any money. And if you have any wuestions, please do not be afraid to ask.

Regards,

GingerSte.

trying-very-trying

Hi and welcome!

if you pop up a full soa http://forums.moneysavingexpert.com/showthread.html?t=107280
the wise and wonderful on this site will show you ways to make cutbacks and help solve your problem

KiKi

Here's the link to posting your Statement Of Affairs (SOA) - and people here can help you out.

http://forums.moneysavingexpert.com/showthread.html?t=107280

Looks like others beat me to it!!

hypno06

http://forums.moneysavingexpert.com/showthread.html?t=454457

This is the link for the mutual supporters group for those on a DMP, have a read through and feel free to post!

Jacks_xxx

:wave: Hiya honeybun!

There are loads of people running DMPs on here. Soem of us are doing a self managed one, and some are with Payplan and CCCS.

Check out the DMP support thread for loads of help and info:

http://forums.moneysavingexpert.com/showthread.html?t=454457&page=105

Welcome to the board!

Love Jacks xxx

upsy_daisy_7

Hi thanks for that
i have spoken to the helpline and they told me they do not charge for their services as they are a charity. Are they lying, hope not.
Thanks for the thread found it very useful

upsy_daisy_7

Just like to say i have found the link that you suggested is very helpful.
Thanks

In_Search_Of_Me

which helpline did you ring?? Follow the ink here for lots of info...

http://www.moneysavingexpert.com/loans/debt-help-plan

Go to one of the free debt advice agencies like Consumer Credit councelling service for free....

Also to say welcome & climb abroad! Lots of us here, all in debt (well most!) and supporting each other out of it! Bug hug for you. The sorting is the hardest but it does get easier!

upsy_daisy wrote: »

Hi thanks for that
i have spoken to the helpline and they told me they do not charge for their services as they are a charity. Are they lying, hope not.
Thanks for the thread found it very useful