I have just received £556 in back pay (slight increase in hrs plus pay rise) for April and May, and from next payday I’ll be getting £276 extra than I’ve been used to. Current debt situation is this: owe £1200 overdraft, £1800 left on car loan, £1530 second loan, mortgage £138000 with 15yrs left, plus we have help to buy situation so will need money for that at some point. In 10 months the second loan will be paid off giving us £153 a month extra, so would really like to use this extra £ coming in each week to do something with rather than it getting swallowed up (we are relatively low earners so it would happen easily!) any ideas what we should do??
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