Debt options

StupidFool89

TheAble said:

4k's worth of cars but 12.5k of car PCP debt, how did that happen? Did you just get really behind on your payments or something?

Didnt count the PCP as a value as whether keeping it or not is probably not an option at the end of the term.

No payments have been missed on anything yet

enthusiasticsaver

Does your pension not come out before the £1500 net pay?  The TV licence should be £13 so you should have a small surplus but the interest rates are high on your cards.  I would consider a DMP to get the interest frozen and the payment set at an affordable level.  Don't do a secured loan and risk your home.  Consolidation rarely works anyway as you need to change your spending habits first. Undoubtedly you have overstretched on the cars and buying them on PCP deals are the very worst way of financing them for future reference.