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12 December 2011

Debt settlement

Hi, I'm paying down a debt slowly - got £8,176.44 left. They've offered me a settlement of £5,050. It would save me A LOT of money but I am also paying off a credit card (c. £3k remaining) all the while trying to chip away at my O/D. I have been good in that I'm using one credit card for my key expenses (travel, some food etc.) and paying off in full but my debts just never seem to go away. It was heartening that of that £8,000 debt I've paid down over £4,500 since 2009. I'm losing heart :(

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