blinkbelle
Registered User
- Messages
- 143
Hi.
Well firstly I dont know if im posting in the appropiate place, please move if not.
Some people might remember a while ago, a good friend of mine wanted to borrow some money from me to go on hoilday, I didnt give it to her as I didnt feel she would pay me it back.
Anyways she was here last night and it all came out, her debt problems are bigger than I thought. So I want to try and help her in any way I can, ive told her to get a note book write down everything, cut up credit cards, and go to MABS.
Here is some of her loans, shes getting back to me with the rest.
CC 1 5,500
CC 2 2,000
BOI 10,000
CU 12,000
Credit in shops and mail order stuff, 4,000
Overdraft 2000
At the min she is paying the min balance on both credit cards, paying her credit union and bank of ireland loan on time, but has been late with the credit union loan a few times.
Shes not doing anything about the overdraft or the purchases from shop just leaving it sitting on the account.
Also pays min balance on her catalouge think its kays/family album not sure.
She earns about 30,000.
I am looking to see if theres anything else I can suggest to help her, even clearing the smaller loans. Would she be better of looking to consolidate the small amounts?
I am not really financially minded but i would love to help her as she is a very good friend to me and has helped me through a lot of bad times.
Thanks,
Blinkbelle
Well firstly I dont know if im posting in the appropiate place, please move if not.
Some people might remember a while ago, a good friend of mine wanted to borrow some money from me to go on hoilday, I didnt give it to her as I didnt feel she would pay me it back.
Anyways she was here last night and it all came out, her debt problems are bigger than I thought. So I want to try and help her in any way I can, ive told her to get a note book write down everything, cut up credit cards, and go to MABS.
Here is some of her loans, shes getting back to me with the rest.
CC 1 5,500
CC 2 2,000
BOI 10,000
CU 12,000
Credit in shops and mail order stuff, 4,000
Overdraft 2000
At the min she is paying the min balance on both credit cards, paying her credit union and bank of ireland loan on time, but has been late with the credit union loan a few times.
Shes not doing anything about the overdraft or the purchases from shop just leaving it sitting on the account.
Also pays min balance on her catalouge think its kays/family album not sure.
She earns about 30,000.
I am looking to see if theres anything else I can suggest to help her, even clearing the smaller loans. Would she be better of looking to consolidate the small amounts?
I am not really financially minded but i would love to help her as she is a very good friend to me and has helped me through a lot of bad times.
Thanks,
Blinkbelle
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