What should I do?

marcashley

Hi, so I recently got a second job and I should have around 800-1000 spare money after all my bills and living expenses have been paid at the end of each month. I'm currently about £8000 In debt: 3 accounts with Lowell - very catalogue £3006, capital one card £608 and an EE mobile account £693. All defaulted and I haven't paid a penny since Lowell took over them. I also have a Tesco credit card £2600 defaulted and an EDF bill at £1000. I got myself into this mess around 2018 and just couldn't keep up with repayments so I just stopped paying everything and left it. I'm now in a position to re pay everything and I'm just wondering would it be best to just throw as much money as possible at each debt one at a time or a bit to each? Any suggestions of the best way to proceed? 
Thank you 👍

sourcrates

See if you can negoatiate settlement deals with Lowell, collectors always do deals of some kind, no one ever repays the full outstanding balance on old defaulted debts.

Just make sure any deals are agreed in writing before parting with the money.