We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

New User with £30K debt

2

Comments

  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Smiley_Mum wrote:
    Post up the outgoings/incomings etc etc and see what we can do to help out.

    Absolutely.

    Make sure that you include all of your debts and include company name, total amount owed, % APR, monthly amount that you pay, and any loan end dates.

    Cahoot won't lend £30k AFAIK, but you could save yourself loads by perhaps switching some of debt to either them or another lender and shuffling your credit cards around.........
    "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
    Because by then you've blown your chances. That's it."
  • johannamse
    johannamse Posts: 498 Forumite
    I have had continual depression linked to debt, that at times seemed to get very serious. Depression is very serious. Do not be afraid to speak to your GP about your options. It maybe that you can take some tablets for a while to get you through the next hard bit. Never be afraid to admit your problems on here. You have made the right steps. Your life will be a different life with no debt. Well done.
  • Smiley_Mum
    Smiley_Mum Posts: 3,836 Forumite
    I've been Money Tipped!
    Here is the link for The Great Ways to Cut Back thread.

    http://forums.moneysavingexpert.com/showthread.html?t=47180&page=1&pp=10

    Check through it and see if there is any area you can save in, I'm sure you'll find something. There is loads of info on it.
    “Ordinary riches can be stolen, real riches cannot. In your soul are infinitely precious things that cannot be taken from you.” - Oscar Wilde
  • Kigu
    Kigu Posts: 51 Forumite
    mrcow wrote:
    Absolutely.

    Make sure that you include all of your debts and include company name, total amount owed, % APR, monthly amount that you pay, and any loan end dates.

    Cahoot won't lend £30k AFAIK, but you could save yourself loads by perhaps switching some of debt to either them or another lender and shuffling your credit cards around.........

    Sorry for being thick but was does AFAIK stand for? And thankyou!
  • Smiley_Mum
    Smiley_Mum Posts: 3,836 Forumite
    I've been Money Tipped!
    AFAIK is as far as I know.
    “Ordinary riches can be stolen, real riches cannot. In your soul are infinitely precious things that cannot be taken from you.” - Oscar Wilde
  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Kigu wrote:
    Sorry for being thick but was does AFAIK stand for? And thankyou!

    It's not you being thick....it's just me being lazy!! :D
    "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
    Because by then you've blown your chances. That's it."
  • Kigu
    Kigu Posts: 51 Forumite
    Hardly - you are replying to a complete stranger here. Lazy - I don't think so!
  • Smiley_Mum
    Smiley_Mum Posts: 3,836 Forumite
    I've been Money Tipped!
    Waiting................
    “Ordinary riches can be stolen, real riches cannot. In your soul are infinitely precious things that cannot be taken from you.” - Oscar Wilde
  • Kigu
    Kigu Posts: 51 Forumite
    I am going to get together my my husband this weekend and get all the relevant facts together. On Tuesday I will post them up for people to see. Thanks for the money saving page - some useful stuff there. I see it's something you've given a lot of thought to. Thankyou!
  • Smiley_Mum
    Smiley_Mum Posts: 3,836 Forumite
    I've been Money Tipped!
    Hope there was info on there that will help you to reduce your outgoings a bit.
    “Ordinary riches can be stolen, real riches cannot. In your soul are infinitely precious things that cannot be taken from you.” - Oscar Wilde
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.8K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.6K Spending & Discounts
  • 247.7K Work, Benefits & Business
  • 604.6K Mortgages, Homes & Bills
  • 178.7K Life & Family
  • 262.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.