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To be fed up of having no money?

(54 Posts)
financiallyembaressed Thu 07-Nov-13 17:41:29

Regular on a name change. We literally are living off credit cards from day 10 after payday. We are up to our limit on our cards apart from one that will be soon. I don't know what we are going to do. Tips appreciated.

Dh works ft. I am a sahm looking for work but with 4dcs it's tough. I also have health problems and depression.

Feels like we are stuck.

financiallyembaressed Fri 08-Nov-13 16:10:06

It's alive, did that effect your credit score?

ssd Fri 08-Nov-13 16:40:17

op, it would probably be better to ask them that direct, if it would have a negative effect on your dh's job

popmusic84 Fri 08-Nov-13 17:01:43

I would imagine full time work with 4 dc may not make financial sense. Working around partners shifts would probably be better.
Good luck op.

ItsAliveItsElectric Fri 08-Nov-13 17:09:44

Unfortunately yes OP as in the process of putting the plan in place you have to offer the creditors a token payment which means they often serve default notices in the interim period as the full minimum payment is not received. However, after 6 years these are all wiped from your record. Its a pain as it may mean you can't get any more credit but that's a good thing I think. I would really recommend going with Step Change as uts free and they help you so much, its like a weight off your shoulders honestly x

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