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No Debt consolidation loans available
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Its be a use people who.p need to consolidate are very high risk.
Go to the DFW boards for advice on cutting costs and repaying your existing debts before borrowing any more.0 -
You cannot ever borrow your way out of debt, the piper will always want paying at some point.Banks know these type of loans are high risk at any time, you can`t afford your current commitments, only a fool would lend you more money, yets banks do take that risk, sometimes, however, the situation we find ourselves in now is quite unpresidented, if you end up losing your job, the first thing to default will be the loan, so no one will be lending much at all right now, and especially not for the reason stated.If you want to learn the correct way to deal with problem debt, head on over to debt free wannabe, post a statement of affairs, and we can point you in the right direction, this may just mean better budgeting, or a more serious solution may be required, every situation is different, but the first step is that SOA, available from the sticky thread at the top of this forum.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it 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.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter3
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Yes, come to DFW. We are nice over there!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/JS1
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