Morning All
I honesty don't know if I'm coming or going. I feel like I am on a rollercoaster of emotions, I am pregnant so that's adding to it probably.
I have actually felt positive and happier past few days but today I don't. I just cry! I am already fed up with managing the money.
We aren't married and we only private rent so would he be able to get help via Step Change? For his one debt even though I work and am financially capable? I have just sat down and worked his finances out and it's doable but tight without my income. I've read to keep it as separate as possible. Would they help him with a DMP or not because he isn't at rock bottom yet.....he will be if work dries up, he is self employed.
I'm emotionally and physically tired and it's only been over a week. 🙁
I am sorry... can't say anything to help other than I am thinking of you:)
Keep moving forward and looking after yourself.
Cathyx
Step change help anyone with financial issues. They are great people to talk to about any debt issues and acting on your behalf for repayment plans.
I owe them alot for getting me out of some really dark times.
Hi if it's just the one debt I would probably steer clear of a dmp.
I'd get him to negotiate a new affordable payment with his lender there not all that bad if you reach out most would rather have a smaller payment than go down the haste of having to chase you for it.
He has two loans and already paying back some old debt from a catalogue from years ago?
Hi Demented.
I am a CG, I have just gone through the step change process, i can only advise you to actually fill in the online form finance check and take it from there. They were very helpfull with me. A DMP is just based on him, so his outgoings, incomings etc they work out what is affordable, it could be that he pays all the bills and you wage is to live off, his payments to debt will then be cheaper, however they will take longer to pay.
The other option is an IVA, they then take in to account your incomings/outgoings as well. It gets a little more complicated.
My advice is try and keep yourselves seperate so your credit rating doesn't get screwed. Don't get joint accounts, don't get joint loans etc. It is a road to go down and i found step change to be amazing. They told me some bills were too low and they increased them on the budget which meant i had more money than i probably should have. They try and do everything in your favour.
Be honest, tell them it's a gambling debt, they are used to this. They advised me they will want to check bank statements at periods to prove that i am not gambling. It's a suppose another safety net that is present, as if you have you could blow your agreements.
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