bird24

Hi All

I need some advice on getting my loans paid off please

I have quite a few loans at the moment and would like to get them sorted the best way possible as i seem to be paying so much interest a month on them all and its so annoying....

I was advised to look into a CCCS debt remedy - has anyone used or heard of them?? appartently its a debt charity company and they are very good
http://www.cccs.co.uk/

I just dont like the thought of not paying my loans and then waiting for letters from them asking you to pay and then the compnay sorts it for you so you end up paying them and not any interest on your loans....sounds scary

any advice or experiences ??

xx

MarchBaby

you could try consolidating them. that way you are just paying one loan, with one interest rate. Instead of a bunch with a bunch of interest.

Spartacus

Last month I just finished paying my loan off which feels like it has taken for ever!

I had credit card, store card and a loan for an ex boyfriend who I took it out he p****d off to spain and i ended up paying it on my own grrrr...anyway...I consolidated all my debts in to one loan which offered 0% interest for the first 6 months and then had a low interest rate after I then paid £500 a month (yes was skint but really wanted to clear it!) I also popped some of my debt on to a 0% credit card too and cleared that off quickly. If you can remember to apply for them and transfer it is the best way

good luck!

bird24

Hi Spartacus

What loan company did you use to consilidate them? Half of mine is from an X boyfriend too from years ago and i'm still paying it....so annoying!!

Thanks for the advice
xx

Spartacus

Hi Bird!

No problem! bloody x boyfriends they have a lot to answer for don't they!!

I used virgin credit card as they had 0% interest for 6 months and also used egg loan to consolidate.

A good site to go on is moneysavingexpert.com they have forum on there which is good and helps compare best rate loans and cards etc.

Tip would be to get it sorted and pay as much as you can cos I tell you I feel so free now I don't have any loans well apart from the mortgage round my neck phew!

good luck hun and hope you get it sorted xxxx

bird24

Thanks i'll check out the website

Would be great to get some of my loans paid off...and getting them onto one loan would be better too as the interest is so high on 1 o them

Thanks again

XX