Hi All,
Completely new to this forum but saw it on Ireland am this morning.
Currently i am in debt with MBNA Credit card to €5,500, No sympathy required completely my fault. Untill now i have been going around ignoring the situation, but i really need to manage this now.
I am in full time employment, i have a mortgage and a Loan from when we got married. I'm stretched to the limit and get paid fortnightly and only have €25 euros left over after all the bills are paid.
I cant get a loan at the moment and have been turned down.
My wife has been approved a loan on her account for €3000.( Not keen on paying off €3000 and not able to pay off the rest as the interest will just keep building)
Friends of mine have given me different advice, from dont pay the debt ignore it and make arrangement with the debt collection ageny ( doesnt sound like a good idea to me)
Also i was told to call MBNA and ask them for a Settlement Figure but i dont have any experience in this. If anyone has any experience or advice would be great.
I think ive included everything, any help/advice would be greatly appreciated.
Kevin