credit problems

[poochie]

my husband and I are havin problems with credit cards and overdraft. We want to pay these off but it seems each time we make a payment, it only clears the interest added each month.

I no longer work so we have lost around £1000 per month income and although we wrote to these people to say we are not usin cards anymore and just want to clear the debt, and we asked if they could stop addin interest, they just keep takin our money then addin more on so this means we will never clear these debts.

We are thinkin of goin bankrupt but dont want to cause we will have to sell house.

Does anyone have any ideas that would help us with these problems. We are gettin so desperate.

[gizmo111]

Have a read here National Debtline Scotland, for FREE CONFIDENTIAL and INDEPENDENT ADVICE call 0808 808 4000

For some advice on dealing with your creiditors.

 

Hope this helps.

 

Best Wishes

[saxon]

Hello, You are going to be okay, you have come to the right place, contact the C.A.B. or the CCCS. and ask them to help you, they will contact all your creditors and get the interest stopped, they will also negotiate with the creditors for a minimum amount to pay.

 

I know it's easy to say but try not to worry, once that's sorted come back and start getting unfair charges etc. back.

 

This is a new year so a new start.

[johnhowell]

my husband and I are havin problems with credit cards and overdraft. We want to pay these off but it seems each time we make a payment, it only clears the interest added each month.

I no longer work so we have lost around £1000 per month income and although we wrote to these people to say we are not usin cards anymore and just want to clear the debt, and we asked if they could stop addin interest, they just keep takin our money then addin more on so this means we will never clear these debts.

We are thinkin of goin bankrupt but dont want to cause we will have to sell house.

Does anyone have any ideas that would help us with these problems. We are gettin so desperate.

 

Poochie,

Pop over the MoneySavingExpert: Consumer Revenge - Credit Cards, Shopping, Bank Charges, Cheap Flights and more and the Debt Free Wanabee forum for lots of great advice on clearing your debts and the options open to you.

Regards,

John

[simpson3375]

I have been with the CCCS for a while now and they really helped out. They got all the interest frozen and negotiated reduced monthly payments over a peroiod of time. You can take a look at:

 

CCCS -

[gizmo111]

OP is in Scotland - do CCCS cover Scotland?

[simpson3375]

CCCS covers the whole of the United Kingdom. Their website is extremely informative so take a look and it will tell you what the deal is.