Damsel in distress
I got myself in to debt on 3 different credit cards and I don’t even know where to start to try get out of it. I’ve heard of debt consolidation however I have no idea how you even apply for a loan let alone transfer money from credit cards on to one. I just have no idea how any of this works but I want to make a start paying off my debt.
1 credit card has £450 charging me £9 each month in interest. Minimum payment £44.
Another has £2,300 charging me £50 each month in interest. Minimum payment 100.
Another has £1400 which interest hasn’t started yet. Minimum payment £20.
I am making minimum payments and I know I should be paying more but when I’m being charged £50 interest each month I just think I’m just paying off the interest here and I want to start paying off my debt. I just feel like I’m not getting anywhere and I’m creating more debt.
Can someone please advice me on what they think I should do
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