Debt Review Yes No Maybe?
I need some advice.. I’m not sure if debt review is the right option for me
I’m currently in about 300k debt.. I took a 100k loan for my husbands business that he bought so he pays the loan installments for that but the rest is all on me
I’m on a very decent salary and my expenses and repayments don’t always exceed my income,
I took out a consolidation loan about 2 years ago and paid off everything, I had no overdraft or credit card debt then slowly but surely I started digging into it and now I’m at a point where my OD and CC are maxed out
I get paid my salary and then I transfer what I have left after my debit orders to my credit card so it takes the transfer as a payment the problem is the charges and fees are getting more and more each month leaving me basically nothing to live off. The other problem with this is I’m actually not getting a chance to pay back any of the CC or OD, I’m just paying interest and fees every month.
Would debt review be a good option for me?
My car is paid off and our house and bond is in my husband’s name so I won’t be needing a big line of credit any time soon.
Any advise would be appreciated!