Q&A

Paying Away - But finding it difficult - could use some advice :)

So in the last few years my credit has dropped and my debts have gone up. I am one of these people that manages to make the min repayments but dont see any benefits cause I am not making a dent in the over all Balance. My experian credit score is 650 which puts me in the poor category, I know this makes me a risk when applying for credit etc. The problem I have atm is I dont work and finding it really hard to. I havent worked for a few years now but my partner does. We have a joint CC from Natwest one of the 15month 0% cards it has about a £750 limit and we are paying £40 a month. The main problem is the fact that I have a card in my own name from many years ago. The card is from barclaycard I fell into the trap of I needed cash to pay for some stuff and now im getting interest on Purchase Annual rate and Cash Annual rate. The monthly repayment totals £90. I am making payments of £100 as thats all I can afford to make. The problem is obviously £10 per month from a £4,000 debt is making a dent fast. I have satisfactory score with things like direct debits etc. To compound things we have other debits out going - council for example as they mis calculated our bill. We are having to pay them £40 a month plus to make up for over a years worth of wrong billing. Add to that £35 we are paying to Black Horse it doesnt look pretty. The council and black horse we are allowing to tick over. As stated my card we can pay £100.. and the joint card we have we are paying as fast aswe can while we have the 0%. I really dont want to miss payments to go onto a payment plan and risk damaging my credit score more but im begining to wnder if thats the only way to get interest lowered ? As when I ask its basically u can make the min payment u have no troubles answer I am getting. As such with my score as is and no income.. I cant really get a £4000 card from another company. If I could awesome I could clear £1200 in a year making my life and my partners easier. So I guess im just after some help, advice, guidance... pointing in the right direction or someone to say unfortunately you are doing what you can.... I dont have a spare penny to make higher payments to nayone as it stands we are already struggling like hell.