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Thanks very much for all your suggestions. I think I will contact MABS and see what they have to say.
Approximately 40% of my monthly pay go towards my debt (in addition to my mortgage). I am paying the minimum only on my credit cards and haven't worked out how long it would take to pay (I'm assuming a long time!). I have approximately 2 years and 3 years left on my loans. To date I haven't missed any payments on anything and I'm hoping to keep it that way. Any money from a 2nd job and getting a tenant would go to paying off the debt.
I don't have a car, I use an annual train ticket. I am currently bringing lunches, I quit smoking 3 months ago and might have one bottle of wine a month, so I really have cut down on expenditure.
I am aware that it's a very large amount of debt - thus my problem!!!! Getting taxed on everything I make on a second job won't be ideal but at least it'll still be extra money! I've sent off some CVs today to a couple of places looking for weekend staff. Rooms in my area are going for about €400 a month, so that'll also be a help.
I've been reading these money makeovers for a while now. Is there a particular reason why you rarely see downsizing suggestions?
The OP is on a fixed rate until Sept 09 , so may be hit with a large penalty if they sell now....
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