Help & Advice Please!

Hi All,

I have just discovered the site through a search enginge and I am inpressed, perhaps you can help?

Years ago I used to be the sort of person who would keep track of my outgoings to the penny!

Somehow I have developed into a bit of a money waster! I have a mortgage of £90K with Northern Rock at a not particularly great rate. A further loan with them of £20k. A bank loan 0f £5k (shortly to be paid off thanks to an inheritence) and another loan of £2500. I also have an outstanding credit card debt of £1000.

I don't think (apart from the mortgage and NR loan) that it is too drastic, but I would like to get rid of it all and be in a more advantagous position.

I take home about £1400 per month, and want to know the best way to clear the loans quickly, efficiently and paying the least amount of interest!

I need to take a firm grip of my finances, and would appreciate any pointers!




  • Willsnarf1983
    Willsnarf1983 Posts: 1,928 Forumite
    hi there as many people will say

    please list out ur monthly expenses and APR's so people can help u and u get a better understanding of where the money is going


  • Willsnarf1983
    Willsnarf1983 Posts: 1,928 Forumite
    and give u ideas where to cut back etc

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