Thanks for the advice folks. The loans have been for a collection of things, anything from house improvements, work required on car, management fees, travel, family and over spending. If I had better cash flow, I would be able to concentrate on the smallest debt first, clear it over the first couple of months, then move onto the next one. Unfortunately, after I pay my mortgage (which has only dropped over the last couple of months, it was €1,396), existing loans, bills, €1,000 on credit cards, I seem to run out of money by the 5th or 6th of each month. Then, the cycle continues, I use my credit card again to purchase goods, pay for petrol etc. Add things like once off payments like €1,200 management fees, car tax €530, car maintenance last month alone was €1,100.
Nevertheless, I have applied to 4 banks to see if some of them will allow me to consolidate 2 loans and 3 credit cards into a €1,000 per month payment. This ensures that after I pay mortgage, loans and bills that I can live on the remaining money without using my credit card. I’ll have to see what happens next.
Thanks to everyone for there help and advice