C
Chucks
Guest
Hello - I am hoping somebody can give me some advice please see below financial situation:
Gross Annual Income: 35,000 (After tax 2,500 per month)
Debts:
Credit Union 15,000 (Pay off 400 per month)
MBNA Credit Card 3,000 (Pay off 100 per month)
BOI Credit Card 5,500 (Pay off 300 per month)
Overdraft 2,000
Should I get another Credit Union loan to pay off Credit Cards?? and then obviously cut them up!!! I am currently in a situation with a low rent of 200 euros a month and I have a company car so no fuel costs or car loans etc....
Also I know from the above it would be impossible to get a mortgage and again this is a big worry....
Thank you in advance for any replies.
Gross Annual Income: 35,000 (After tax 2,500 per month)
Debts:
Credit Union 15,000 (Pay off 400 per month)
MBNA Credit Card 3,000 (Pay off 100 per month)
BOI Credit Card 5,500 (Pay off 300 per month)
Overdraft 2,000
Should I get another Credit Union loan to pay off Credit Cards?? and then obviously cut them up!!! I am currently in a situation with a low rent of 200 euros a month and I have a company car so no fuel costs or car loans etc....
Also I know from the above it would be impossible to get a mortgage and again this is a big worry....
Thank you in advance for any replies.