So much debt and no way out

[bellalou1234]

It's so depressing I've just been paid and I owe it all out on credit cards and loans. I cant seem to see a way out. I work fulltime as a nurse and I'm able to do extra shifts so lucky in that respect, but feel my situation wont improve for years. I cant do anything that will affect my credit rating. Has anyone got any tips?

I would say weigh up your options. Stepchange are really good for advice.

How bad is your position. Can you pay priority bills? Feed yourself, heat your home etc?

A debt management plan may impact your credit rating. But how badly is it being impacted, by being at what (I assume) is your max available credit?

Can you get a consideration along from your bank? Or similar?

Advice will really depend on how bad it is and how much its impacting your life. Also do you pay much above the minimum payment on the credit cards?

Lots of help and ideas out there on Instagram Facebook and YouTube

Have a google of the Dave Ramsey snowball method

I've looked at the snowball effect it looks good. I pay more of my credit card and its interest free for a few more months and I pay 25 extra of one loan, the other loan is my car payment which was cheaper than leasing a car. It's so disheartening work every hour and having so much to pay out. I'm fortunate I can heat my house and eat. My credit rating is just fair, probably because I've got so much debt