to clear all of my debts
2007-05-29 23:03:15 · 6 answers · asked by mowgligurl 4 in Entertainment & Music ➔ Polls & Surveys
2000 pounds might seem like alot, but in reality it can be delt with easily without jumping into more debt. There are many ways to get rid of such a debt, I would first look at selling off old things you dont want (ebay or similar) borrowing off friends and family may seem horrible, but better than getting an interest bearing loan. If you were in more debt, or had many credit cards, i would suggest a lower interest loan that will consolidate your debts, which is what we did, it did get us out of a big hole, but you are not at that point yet. Goodluck!!
2007-05-29 23:12:59 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Not really. Because with interest, you are then in debt to nearly £3000.
Budget, pay your existing debts.
2007-05-30 06:07:19 · answer #2 · answered by ? 7 · 1⤊ 0⤋
That's another debt.. ur not clearing the old ones, you just want to move it from someone to another.
2007-05-30 06:06:59 · answer #3 · answered by Abood 5 · 1⤊ 0⤋
Yes dearie, hopefully some nice gentlemen from Nigeria will offer you millions of millions of dollars or diamonds, then you can pay off all your bills and live in riches for the rest of your life time.
2007-05-30 06:09:02 · answer #4 · answered by conranger1 7 · 0⤊ 0⤋
consolidation can lower your payments and get you caught up if your falling behind and you only have the 1 payment to deal with, just make sure your getting a good interest rate, and go through a bank, finance companies eat you up with high interest
2007-05-30 06:08:09 · answer #5 · answered by Ronni 6 · 1⤊ 0⤋
Oh sure. What better way to eliminate debt than to go even deeper into it! DUH!!!
2007-05-30 06:10:09 · answer #6 · answered by vanillygorilly 1 · 0⤊ 0⤋