P
pauly26
Guest
Hi,
First time poster and looking for a little advise if possible. At 26 years, i find myself in just under 80,000 euro in debt spread across 6 institutions. I earn 39,000 per annum and dont consider myself unable to pay the debt off, but am paying far too much interest on the debts, up to 18.9%, on credit cards.
Bank Of Ireland - 2,3874 @ 10.9% over 5 years costing 510 p/m
Overdraft 1010 limit is 1000
One Direct Loan - 20,000 @ 11.99% over 5 years costing 437 p/m
GE Loan - 9,667 @ 10.5%....... over 5 year costing 229 p/m
AIB Visa - 5,872 @ 14.9% & 18.9% limit is 4900
Overdraft - 1017 limit is 500
TSB Visa - 5,034 @ 10.9% & 18.9% limit is 4000
MBNA Visa - 10,599 @ 14.9% & 18.9% limit is 10000 interest works out around 120 p/m.
I have my name on a 100% mortgage with a brother that is only 6 months old for a house worth 335,000, but I still live in my family home. Is there any advise any of you guys in the know could give me about consildating these debts into 1 lump sum.
Any advise or guidance is very much appreciated.
Thanks,
Paul.
First time poster and looking for a little advise if possible. At 26 years, i find myself in just under 80,000 euro in debt spread across 6 institutions. I earn 39,000 per annum and dont consider myself unable to pay the debt off, but am paying far too much interest on the debts, up to 18.9%, on credit cards.
Bank Of Ireland - 2,3874 @ 10.9% over 5 years costing 510 p/m
Overdraft 1010 limit is 1000
One Direct Loan - 20,000 @ 11.99% over 5 years costing 437 p/m
GE Loan - 9,667 @ 10.5%....... over 5 year costing 229 p/m
AIB Visa - 5,872 @ 14.9% & 18.9% limit is 4900
Overdraft - 1017 limit is 500
TSB Visa - 5,034 @ 10.9% & 18.9% limit is 4000
MBNA Visa - 10,599 @ 14.9% & 18.9% limit is 10000 interest works out around 120 p/m.
I have my name on a 100% mortgage with a brother that is only 6 months old for a house worth 335,000, but I still live in my family home. Is there any advise any of you guys in the know could give me about consildating these debts into 1 lump sum.
Any advise or guidance is very much appreciated.
Thanks,
Paul.