debts in mums name - very worried

[rugmonster]

Hi,
A couple of years ago my mum helped me out of a hole. I was in bad debt and needed to do something. Mum could't help in terms of giving/lending me money, however she did allow me to transfer a large chunk of debt into her name in order to get a much better rate. There is a loan and 3 credit cards. The plan was that I would transfer the debt back into my name when I was back on my feet.
The current balance is £19k and I make all of the payments each month religiousy. Never missed one ever. Mum is happy and has assured me that she doesn't even think about it. She has no other debt aside from these debts. I have recently tried to obtain credit in my own name to transfer the money back into my name, however I can't get anything. This is so stressful and I am so worried about it.
The credit cards are now accruing interest. I am continuing to make the payments and thankfully this is not a struggle for me any longer. I have spoken to mum and she has told me to not worry about it. I feel wretched about it. I am conscious that despite me making the payments, it is her liability if something were to happen to me.
I feel like the worst person and have been struggling to sleep.
Any suggestions?

It’s a lot of money so I understand why you are upset. Is it worth transferring balance to another card to reduce interest? Really I’d just pay off as much as you can as quick as you can.

@rugmonster More credit? Leave well alone and keep paying! Don’t think about credit until you have paid it off. Your DM could consolidate the credit. I’d also get a bit of financial advice!

we are struggling to get 0% deals. Thankfully mum is not concenred about it but my guilt level is tremendous

only as in more credit to transfer the balance to a lower rate/0% card

Well your mum could do it. It’s in her name unless your loans have maxed her out.
I think that’s just plain wrong and you need to address your borrowing and suck it up if your credit rating is poor. You are not exactly a good bet for a loan. I’d see if your DM can consolidate the loans.

A 0% credit transfer is sensible though if it's CC debt that you're paying off.

Can your mum not shop around for a 0% balance transfer & keep the debt in her name? Much better to pay off more of the balance than pay interest on the debt.

@MrsPeterHarris Yes it is. But op cannot look at more credit because of her track record and now doesn’t have the accounts. So it surely must be mum and she’s now got a load of debt too. New lenders might not be keen.