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Advice needed please!!

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  • Bossyboots
    Bossyboots Posts: 6,757 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Smudge32 wrote:
    Gulp!!! :eek:

    I'm sure it won't be easy but it is necessary.
  • Smudge32
    Smudge32 Posts: 373 Forumite
    Further to my first post, I have now received the news that I'm going to be made redundant sometime in the next three months.

    I'm bloody scared!

    I was just about coping with these debts with my wages at the moment. If I can only get a job with less wages, then my only option is to get more credit. As it is, I'm keeping debts stationary rather than reducing them significantly.

    Any ideas? Helpppp!
  • hi, obviously i dont know the exact circumstances of your redunancy but my dad used his pay off to clear all debts.... and lived off mum's wages until he got more work....meaning all they had to worry about was mortgage and essentials... having been through loosing a wage whilst owing quite a lot to loans and credit cards they decided at least they could cut back what they spent... is it possible for u to put any pay off into a high interest account and use that to make the monthly payments from.. depending on the size of your redundancy pay it might help
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