longpockets
Registered User
- Messages
- 24
Age: 30
Spouse’s/Partner's age: n/a
Annual gross income from employment or profession: 40,000/2626 p/m
Annual gross income of spouse:n/a
Type of employment: e.g. Civil Servant, self-employed -- Full time permanent
In general are you spending more than you earn or are you saving?
Yes generally struggle from month to month
Rough estimate of value of home -- n/a not a house owner
Amount outstanding on your mortgage: -- n/a
What interest rate are you paying? n/a
Other borrowings – car loans/personal loans etc
Personal loan 10,000- 300p/m variable interest
personal loan 6,ooo-123.00p/m variable interest
Family loan to brother- 7,000 (really under pressure to pay back)
Overdraft of 2.500 which is met every month.Bad news.
Credit card --6,000
Do you pay off your full credit card balance each month? No
If not, what is the balance on your credit card? 6,000
Savings and investments:-- none, just generally spend everything
Do you have a pension scheme? No
Do you own any investment or other property? No
Ages of children: N/a
Life insurance: None
What specific question do you have or what issues are of concern to you?
Just wondering if it would be better transferring all debts into one loan ? one payment ,one lump sum ,fixed interest ?
Also I have few referral charges on my own a/c's so current lenders that i have loans with will not entertain me for another few months at least until I manage my a/c properly. Should I go to a non-high street lender ? Any suggestions of what lender would accomadate me ?
Any ideas of how I get out of this mess.thanks in advance.
Spouse’s/Partner's age: n/a
Annual gross income from employment or profession: 40,000/2626 p/m
Annual gross income of spouse:n/a
Type of employment: e.g. Civil Servant, self-employed -- Full time permanent
In general are you spending more than you earn or are you saving?
Yes generally struggle from month to month
Rough estimate of value of home -- n/a not a house owner
Amount outstanding on your mortgage: -- n/a
What interest rate are you paying? n/a
Other borrowings – car loans/personal loans etc
Personal loan 10,000- 300p/m variable interest
personal loan 6,ooo-123.00p/m variable interest
Family loan to brother- 7,000 (really under pressure to pay back)
Overdraft of 2.500 which is met every month.Bad news.
Credit card --6,000
Do you pay off your full credit card balance each month? No
If not, what is the balance on your credit card? 6,000
Savings and investments:-- none, just generally spend everything
Do you have a pension scheme? No
Do you own any investment or other property? No
Ages of children: N/a
Life insurance: None
What specific question do you have or what issues are of concern to you?
Just wondering if it would be better transferring all debts into one loan ? one payment ,one lump sum ,fixed interest ?
Also I have few referral charges on my own a/c's so current lenders that i have loans with will not entertain me for another few months at least until I manage my a/c properly. Should I go to a non-high street lender ? Any suggestions of what lender would accomadate me ?
Any ideas of how I get out of this mess.thanks in advance.