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Getting a loan after DMP help.
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Do not take out more debt. Even if you can borrow it will be expensive as your credit record is not good. Save and do the work in stages.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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The 365 Day 1p Challenge 2025 #1 £667.95/£451.50
Save £12k in 2025 #1 £12000/£124500 -
Thank you all for your replies, they have been very helpful.0
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Massive well done for paying off that large sum! My thoughts are same as the others say. Save up and do the work in stages. You obviously can manage money and be determined because you cleared your debts. Use that same determination to save up for the work you need to do. It would a shame to get straight back into debt again and spend so much extra on interest repayments. Make a list of the jobs then prioritise them.0
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