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23 Years of age £12,500 in debt - any advice welcome please

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  • Yes the DFW might give you some advice you haven't thought about yet.
    Savings as of April 2023 Savings account - £26460.50(14474.88)Current account - £2140.24(4576.79)Total - £28600.74(19051.67) £1010 (£65pm CS/BS) £250 CS/BS/JS
  • bazzyb
    bazzyb Posts: 1,586 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    NathanP93 wrote: »
    I have the correct cover to use my car for business use,


    Also i am covered under the companies business insurance which is only third party.

    It is extremely likely that your GAP policy is automatically invalid as you are using your car for deliveries. I would check this and cancel ASAP if so, this will give you an immediate saving.
  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Well done for tackling this, it's a breath of fresh air to see a youngster who has made previous misktakes knuckling down to clear it.

    Take heed of the advice above (and from DFW board) and good luck to you.

    Try to avoid mixing money with Family, it rarely ends well.
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