Advice needed on which route to take to clear debt

[roboraver]

Hello 

Like most on here have got myself into a pickle and having been giving different advice by stepchange and payplan on which route to take am coming here for advice.

 

I work from home (Job is secure for now but with covid / brexit it could change in a years time), have around £14k of debt and bank with natwest (I have just opened a very basic account with another bank so I can get my wages paid into it).

 

Debts:

Natwest Loan  / £3,407,03 left to pay / Currently paying £197pm (Have just missed 1 payment and now using breathing space for 30 days)

Argos store card / £2,018.67 left to pay / Currently paying £86pm

Capital One card 1 / £508 left to pay / Currently paying £50pm

Capital One card 2 / £2,950 left to pay / Currently paying £212pm

Aqua card / £3,600 left to pay / Currently paying £212pm

Studio24 / £152 left to pay / Currently paying £40pm

Very / £1,315 left to pay / Currently paying £100

 

Then I have other expenses (Rent 575, council tax £175, Utilities £175  etc) am just left with nothing and that is just by paying the bare minimum. 

 

What would you advise ? my credit file is trashed now as have been gone over my balance on the credit cards and paying back the minimum to clear them.

 

 

Edited October 21, 2021 by roboraver

[dx100uk]

your other expenses are the priority ones that must be paid 1st

 

are all these still with/paying the original creditors?

[roboraver]

I am not behind on any of my priority debts and have been paying them 1st, its just I can't find a way out of making the balances smaller as the interest and charges get piled on top every month.

 

All of them are with the original creditors at the moment and none have been passed to Debt collection agencys.

 

Edited October 21, 2021 by roboraver

[dx100uk]

thats good but dca's are not bailiffs anyway and can be ignored....

 

have you invoked

 

 

get that done for each original creditor

then go use our pro rata letter in the debt collection section of our library

 

can you give us a date of takeout for each debt please too

[roboraver]

Have only invoked breathing space with the Natwest loan and Aqua have allowed me to defer payment until next month on the 6th.

 

All of the debts are recent (Well the last 3-5 years really) but will have to check tomorrow for the exact date.

 

 

The loan was taken out in dec 2017 am not sure when the others were taken out but not more then 5 years I would say and the last was the Studio account about 4 months ago (Should I just clear that account at least ?)

 

 

[dx100uk]

as my last post then please

[roboraver]

OK thank you