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Debt problem
goose1234
Posts: 1 Newbie
in Credit cards
Struggling with quite a lot of debt on cards and overdrafts can’t see a way out of it 10,000 on credit cards and 3,000 on overdrafts everything just caught up all at once I don’t live a fantastic lifestyle just looks like I’m doing something wrong I work and the credit card bills are killing me just need to find a way of sorting the problem
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Comments
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Best bet is to post over on this board, where you'll get the best input about how to deal with the situation:
https://forums.moneysavingexpert.com/categories/debt-free-wannabe
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Post an soa (statement of account) up on the DFW forum. There is a link in my signature.goose1234 said:Struggling with quite a lot of debt on cards and overdrafts can’t see a way out of it 10,000 on credit cards and 3,000 on overdrafts everything just caught up all at once I don’t live a fantastic lifestyle just looks like I’m doing something wrong I work and the credit card bills are killing me just need to find a way of sorting the problemI’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
The 365 Day 1p Challenge 2025 #1 £667.95/£570
Save £12k in 2025 #1 £12000/£139501 -
There's always a way. It's about finding the best one0
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Hopefully you've found your way to the 'Debt Free Wannabe' section of this forum (i'll check later), but just wanted to say if you ever feel like there's no way out or you feel alone with this DO NOT, come on here and talk, even if it is to just vent or tell us what you've been up to that day.goose1234 said:Struggling with quite a lot of debt on cards and overdrafts can’t see a way out of it 10,000 on credit cards and 3,000 on overdrafts everything just caught up all at once I don’t live a fantastic lifestyle just looks like I’m doing something wrong I work and the credit card bills are killing me just need to find a way of sorting the problem
Remember, there's always a solution.
Best of luck,If you believe you can, you will. If you believe you can't, you won't.
Secured/Unsecured loans x 1
Credit Cards x 8 (total limit £55,050)
Creation FS Retail Account x 1
Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
0% Overdraft x 1 (£0 / £250)
Mortgage Outstanding - £137,707.00 (Payment 13/360)
Total Debt = £7,400 (0%APR) @ £100pm - Stoozing1 -
Try not to add to your debt during Christmas and January, I know that it is easier said than done. Join the discussion on the debt free part of the forum and you will get lots of good advice regarding the way forward. Many people will be envious of you having a light bulb moment at under £20.000!!!0
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