Credit Card Loans min Payment forever

Stevie76

I have got myself into a bit of a problem with credit card debts. I owe 27k across 5 cards and my minimum payments each month are 824 pounds a month.  I also have a loan i took out about 4 years ago for an extension on my house, so cant afford to pay more than the minimum payments.  I would love to consolidate the credit card debt into a monthly payment knowing my money is actually going to clear the debt but it seems near on impossible, despite me never missing a payment.  

Any advice for a good ifa who might be able to offer a loan at a reasonable rate to clear it all and be able to breath again?

[Deleted User]

IFA don't offer loans. They're just an intermediary but you wouldn't use them for a loan, especially if money is tight.

Post on the DFW boards where they'll advise you on cutting costs and repaying the debts a faster. Consolidation is rarely the answer, but there are more effective routes out of debt.

Pixie5740

There's a duplicate thread on the DFW board.

https://forums.moneysavingexpert.com/discussion/6302276/credit-card-debts-crippling-me-min-payment-all-i-can-do