Im in dept big time and i need to consolidate really badly!!
2006-11-25 05:30:59 · 12 answers · asked by maty 1 in Business & Finance ➔ Personal Finance
when you find out let me know i need 25k!!!!
the lottery is mine this week, if i win il give you some!!!
try this website too has some good tips on it, is genuine too nothing dodgy
www.moneysavingexpert.com
2006-11-25 05:45:51 · answer #1 · answered by Becci 4 · 0⤊ 1⤋
if you are a homeowner you can do debt consolidation. Otherwise move your credit cards to a low,no interest one for starters. Some companies loan to those with a bad credit rating but interest rates will be sky high.Why not try working out what you can afford to pay and speak to those you owe money to?
2006-11-25 05:44:25 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I'd say be very careful about consolidating as if you haven't changed your spending habits you'll just run up more debt. Equally any loan you take will be at a sky high rate because of your credit rating.
1st is to go to the Citizens' Advice Bureau
2nd Avoid these debt companies who promise to write off your debt.
The BBC have a couple of interesting programs, spendaholics
http://www.bbc.co.uk/bbcthree/tv/spendaholics/index.shtml
and
Bank of Mum & Dad
http://www.bbc.co.uk/entertainment/bankofmumanddad/
Another website that i fined useful is The Motley Fool www.fool.co.uk - they have loads of advice
2006-11-26 02:52:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋
definatly check out the cab at http://www.citizensadvice.org.uk/ they helped me alot just reading the articles on what i should do next. best thing to do is dont let it get to you, if we are talking credit cards, you cant be put in prison and they cant take anything either, worse that can happen is they take you to court. all the judge will do is sort out a reasonable payment plan for you. please get some advice as moving it around doesnt work been there done that! your credit rating just gets worse its a visious circle. and its not fair on you! or you could try northern rock for a loan.
2006-11-25 07:50:03 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Don't even try this on your own. Go to Citizens' Advice Bureau and get their help in addressing your debt situation and rescheduling of payments.
Debt consolidators always want their own pound of flesh.
2006-11-25 06:00:05 · answer #5 · answered by Feinschmecker 6 · 0⤊ 0⤋
Have you a property? For that amount any lender weould want a guarantee on your house, if you haven't and that is a large sum of money - try somewhere like money-news.co.uk that offer best buy loan tables http://www.money-news.co.uk/guides/best-buy-unsecured-loans/default.aspx
Good luck!
2006-11-25 05:46:16 · answer #6 · answered by Anonymous · 0⤊ 0⤋
So you'd rather get into more debt to pay off another debt? Good luck to you.
2006-11-25 05:45:11 · answer #7 · answered by Anonymous · 0⤊ 1⤋
I just declared bankruptcy,
Sorry I'm the wrong person to ask.
2006-11-25 05:35:53 · answer #8 · answered by Elle J Morgan 6 · 0⤊ 0⤋
have you tried uswitch they do the best loan deals on there.
2006-11-25 05:36:36 · answer #9 · answered by richard_beckham2001 7 · 0⤊ 0⤋
i'd lend you it but i'd want a 100% return in a week or your legs'll be mine
2006-11-25 05:42:51 · answer #10 · answered by sainty82 1 · 0⤊ 0⤋