my partner and myself currently are in debt of about £16k, we are only 20 years old but stupidly took out a loan to furnish our house and several overdrafts and credit cards when we turned 18 (as people stupidly do)!! we are renting privataly at the moment and are not behind n any rent payment or utility bills but we are really struggling to meet minimum payments on everything, as our incomings are about 2k and our outgoings before any general living expense is only about 50 pounds under this!we do both work full time and have other commitments so another job is no option for either of us! It has got to the stage we really need help , but we can not get accepted and would probably not want to get into further debt by gettinga consolidation loan, we have about 6 creditors currently.. We are thinking that a DMP will be the best option but are not 100% sure, over an IVA , we are also hoping to get a mortgage when most of the debt is paid off but dont want to totally ruin our chances of this. We also move about quite alot with work so dont want whatever we choose to do affect our chances of renting or getting a job in another city! What would be best to do,as we cant carry on as we are ..
Thanks