Hi All,
I need some advise on my personal debt.
Originally I have taken out a loan with GE Money for €11,000 I have about €7,000 left there and also during couple of year I have got into debt with my Credit Card and the balance at a moment is €3,000. I would pay €500 per month into my credit card by then I’ll be short and would bit by bit take that €500 out again. My net income is €2,000 per month.
My monthly repayment with GE is €265per month and €500 per month VISA.
The other outgoings would be as follows:
Rent €450 per month
Support my family in Latvia €300 per month (no way I can reduce or cancel)
Bills €100 per month
Groceries €200 per month
Total outgoings: €1815 per month, whatever left I try to put away for a holiday to go to Latvia to visit my family.
I was thinking to consolidate the above into one manageable loan say take out €10,000 over 3 year. Would there be any bank that would give the loan these times?
Thank you,
I need some advise on my personal debt.
Originally I have taken out a loan with GE Money for €11,000 I have about €7,000 left there and also during couple of year I have got into debt with my Credit Card and the balance at a moment is €3,000. I would pay €500 per month into my credit card by then I’ll be short and would bit by bit take that €500 out again. My net income is €2,000 per month.
My monthly repayment with GE is €265per month and €500 per month VISA.
The other outgoings would be as follows:
Rent €450 per month
Support my family in Latvia €300 per month (no way I can reduce or cancel)
Bills €100 per month
Groceries €200 per month
Total outgoings: €1815 per month, whatever left I try to put away for a holiday to go to Latvia to visit my family.
I was thinking to consolidate the above into one manageable loan say take out €10,000 over 3 year. Would there be any bank that would give the loan these times?
Thank you,