I owe £23,000 to credit card companies and £4,000 to others. I have been made redundant. I rent a room for £50/wk. My assets total a car that I purchased for £1500. I have asked the cc companies to reduce their interest rates... they refused. What are my options, please?
as with every situation there are a number of solutions available. The final choice will depend upon your individual circumstances and the liklihood of returning to work in a given time.