I've got so much debt and I don't know how to sort it!

[jayxx83]

Read rich dad poor dad to totally shift your way of thinking. Work hard and smart and you will be a millionaire.

[ecs]

Beetnik said:

Welshbeef said:

Or Experian - but same rules apply cancel within 30 days and you have to call them to cancel

Or Noddle which is free.

There's also Clearscore who give you access to your Equifax file for free: https://www.clearscore.com/

[andy-xr]

ecs said:

Beetnik said:

Welshbeef said:

Or Experian - but same rules apply cancel within 30 days and you have to call them to cancel

Or Noddle which is free.

There's also Clearscore who give you access to your Equifax file for free: https://www.clearscore.com/

I'm sorry to be the bearer of bad news, but if you're in a DMP the chances are you've defaulted on at least one debt, and you'll be issued a default notice that stays on your credit file for 6 years. Anyone who's had one will know exactly how clear they make it. There's no point signing up to a service that tells you that you fked up a year ago, oh, you fked up and it's now 2 years ago....the chances of getting a decent mortgage anytime soon are fairly slim.

Anything additional that's not declared needs to be declared, it makes it really hard to save for anything, but the point of a DMP isnt to allow saving (though you can still pay in to a pension) it's to clear the debts off as quickly as possible

Also, whoever said divvy up all the debt and make equal payments, in a DMP that doesnt work out the same way. Looking at the amount owing and where the money can be spent quickly to bring the debt down faster is a better way of slicing the cake. As in, it's not equal. But this would be for the OPs debt company to organise and negotiate

[DonkeyApple]

Getting out of debt is actually a lot easier for most than they are willing to accept.

If you are living with your mother and she is willing to forgo rent/bills etc then you have a massive income to play with.

You need to cut up all card and cancel any services that you have that basically aren't there to help you breathe.

Buy a catering bag of pasta and tins of pesto/tomato and go on a frugality diet. This means you'll be only spending a couple of quod a day on food.

Get rid of your car, get a scooter.

Get an evening job, such as bar work.

Your debt will be gone very quickly and you'll be free to live as a man again.