Try this website to check that you are getting all the benefits that you are entitled to
http://www.entitledto.co.uk/Default.aspx?AspxAutoDetectCookieSupport=1

Another good source for information and a real person to talk to is National Debtline. I have always found them very helpful and will be able you re-negotiate your debts into more manageable repayments.Gas and electric at £120 a month for two people who aren’t home during the weekdays seems steep, are you on prepayment metres? You will find that it’s cheaper to move to quarterly billed gas/electric, as long as you keep the electric/gas company up to date with metre readings you’ll pay a cheaper rate for the same usage, which will bring your bill down. I only pay for the two of us £120 a quatre for my gas and electric, I can’t imagine how you manage that over a month.

You can also ask that the student loan company differ your student loan repayments, you should only have to pay that back once you are earning more then £15,000 a year, which you don’t.

Then you need to contact your creditor/s about reducing your repayments on your loan and any other debts you have. Write them a letter sent recorded mail stating that your unavailable to keep to your current repayments and would like to negotiate a more affordable plan. Most banks/loan providers will help as much as they can, it may mean that overall you pay more back as they will reduce the payments but spread them out over a longer period of time but when your able to pay more towards to loan you’ll be able to reduce the time again. It’s worthwhile asking if they will freeze interest on the loan also, which will right there reduce the amount your paying a month.

The rest of your outgoings are going to be down to you to make changes to, moving to a smaller internet and tv package. You can get a £30 a month package on virgin media including internet, cable tv and your phone line all in one package. Packed lunch over school meals, thats another £40 a month saved.

 

The best information for personal loans