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Debt problem

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 

Comments

  • eskbanker
    eskbanker Posts: 34,156 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    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
  • 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 
    Post an soa (statement of account) up on the DFW forum.  There is a link in my signature. 
    I’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.
  • fatbelly
    fatbelly Posts: 21,794 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    There's always a way. It's about finding the best one
  • MrFrugalFever
    MrFrugalFever Posts: 1,279 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 27 November 2023 at 7:18PM
    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 
    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.

    Remember, there's always a solution.

    Best of luck,
    Save £5k in 2024 challenge #32
    Saved Total = £6,481.35 / £5,000 (Nov24)

    Secured/Unsecured loans x 1 
    Credit Cards x 7 (total limit £35,500)
    Creation FS Retail Account x 1
    0% Overdraft x 1 (£0 / £250)
    Mortgage Outstanding - £139,149.17 (Payment 6/360)
    Total Debt = £1,687.50 (0%APR) @ £112.50pm

    Charity fundraising goal for 2024 = £1,000 for animal rehoming / dog fostering etc
  • gwynlas
    gwynlas Posts: 1,971 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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!!!
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