[jc]

i seem to be stuck at a dilema which has never happened before due to the fact that ive always been employed..the situation as follows

i claim incapacity benefit

264? per month

housekeeping= 120? per month
subscription for broadband=25? per month
credit card no1= 15? per month
credit card no2=25? per month
bank charges for overdraft=10? per month

total=195?

disposable income 70?

which gives me 35? per fortnight spending money..

i dont use the cards anymore but they have been there when i was working and could easily afford the 40? per month..

the problem is i wish to consolidate the debts into one payment and ive searched out a few bank loans which would meen i could cut down the repayments to 30? per month and it would be a fixed rate,the trouble is everywhere i apply they want to know my employment status and when i tell them im unemployed they just tell me that im not a very good risk....i have always had a fantastic credit rating and in the past 40? per month would meen nothing to me but does anyone or has anyone applied and recieved a loan while being unemployed? what can i do about this matter

im paying 0% on one card and 2.9% on the other card but this introductory rate runs out in march 2005

whats the best way for me to approach this matter

thankyou kindly

jc

the obvious answer would be to get a job but even that is proving difficult because if i cant hold down the job it would meen that i would have to wait another 4 months for my benefits to come through

 

[dakotajo]

How long will they allow you to claim benefits?

 

[jc]

for as long as im seen to be ill,i think after a while you have to see one of there own doctors and evaluated and if they think you are fit enough to work then you go onto something called 'job seekers allowance'

 

[JAG]

I don't see any easy solution for you. you'd be awfully lucky to ever get a loan while unemployed. I suggest get a low-stress job. It will help you keep your mind off your problems and you'll make more than 264? a month. And if you lose the job you will have made more money which could go toward savings, rather than struggling on benefit. It's probably not what you want to hear, but that's all I can think of.

Lots of luck

 

[bat]

phone national debtline for free advice: 0808 808 4000

 

[jc]

cheers folks
i have a feeling there is no way around this other than struggle like eveyone else on benefits