If you had £800 and my debts, would you..

[Auntnelly]

Pay off Littlewoods -£397 (£95 pm until June 2018)
Furniture - £560 (£16 pm dd until 2022)
Mum - £525 (£75 pm standing order until Sept 2018)

Furniture.

I’d pay off all the furniture and the rest off littlewoods .

Furniture first as it's going to cost you the most, then Littlewoods. Mum last - I'm assuming she's not charging you interest / won't send the bailiffs round if you default?☺

Pay off whichever of the debts had the highest interest rate.
Then put the rest towards the second highest interest rate debt.

If your mum is desperate for the money, I'd make sure giving her at least something was a priority.

Mum (and save the rest so you don’t need to borrow again!)

Littlewoods. The monthly amount you release from that will go a huge way to paying off your mum leaving you with a much more manageable debt of £16/month for the furniture which is not scary at all.

What are the interest rates?

I would pay the highest interest rate off first. But I would also talk to your mum. Ask how much she needs the money back. Explain what you plan to do and why but offer her the money first.

If I was your mum I’d want you to reduce the highest interest rate item first.

Yes but £16 a month until 2022 adds up to much more than £560. I assume the £560 is the initial cost?

Whichever had the highest interest and the remainder on the second largest.

I would pay off Littlewoods, then the remaining £403 on the furniture and then increase the payments to your mum to £125 for the first month (to round down the remainder to 400) and then £100 per month for 4 months

Furniture then rest to Mum. Finish paying littlewoods and remainder of Mum debt as you are now and you will be debt free soon!

Check the interest rates, and with the furniture check that you wouldn't be penalised for paying extra/early.

Littlewoods first, then assuming you're paying interest on the furniture prioritise paying that off. If they won't let you pay extra, pay your Mum off.

Which ever has highest interest rate.
Then make sure you pay all the money 'saved' on to the payment for the next highest rate each per month so you can pay that one off early.

Don't start spending extra until all debts cleared and a savings pot built up.

Agree that you should pay off whatever is charging the highest interest rate, but also check that there are no penalties for paying off either the Littlewoods or furniture loans.

However, assuming there isn't much in it, I would pay off all the furniture, and most of the Littlewoods, as this should see you out of debt sooner (at the latest when you finish off paying your Mum back if you stick to the original arrangement with her).

Can I also suggest that, if you can afford the current repayments, that you try and save at least £100-£150 per month, so you have money put aside and hopefully csn then buy things like furniture and clothes? without getting into debt?

Littlewoods -£397 pay now

Furniture - 403 now so 116 left. Pay this off in one go the following month (95 from furniture money, normal £16 and an extra fiver)
Mum - £525 (increase to 150 pm from May)

Littlewoods first and then the rest on furniture so you would be saving yourself on outgoings every month as littlewoods is £95pm
You say.

Could you afford all of the payments before you got the £800?
If you could, I'd go with this plan, as suggested by pp, but adapted:
Work out which payment has the highest total amount of interest and pay it.
If any money left over, pay as much as you can off the next highest.
But then, say, if it's the littlewoods you've paid off, start using the money you would have been paying (£95 per month) to pay down the furniture if that's the next on the list (as well as the usual payments)... and then the littlewoods and furniture money goes to your mum as well as the usual payment.
The items might need to be in a different order, but you get the idea.

Furniture is the only one charging interest £560 is the settlement figure. It’s about £670 total I’ll pay if leaving it until Full term

Have to pay Mum back.
Working out way out of financial mess. Paid off overdraft and credit card over the past few months. The £800 is inheritance, so want to use it in the best way possible. Furniture makes most sense, but money’s tight so £16 saving a month won’t feel like a weight off my shoulders iykwim

What sleepingstandingup said, unless your mum is hard up? If she is missing the money I would pay her first.

Either way, once you have cleared some, you can increase the payments on the others to pay them off faster.

PS well done for making so much progress already

I'd pay off Littlewoods first which would leave you with £403. I'd pay your Mum the £403, next month id use what you have spare from Not paying Littlewoods to clear the debt with your Mum and then to be totally honest I'd just leave the furniture one ticking over at £16pm as it's not a high monthly amount.

Pay back mum and then use the rest for littlewoods

ComeTheFuck0nBridget it's an extra £110 in interest though