Hi Tim!

I need some EXPERT advice on my current financial situation.

I earn in excess of £30k but with all my outgoings, money is still quite tight.

I need to clear an overdraft/debt of around £7,500 as I'm paying over £60/m in interest. I already have a loan which is 2.25yrs into the 6yr term & is at 5.8% apr.

If I took out another loan I would need to keep the monthly payments below £90 and after using the loan search engine on your web site, there only appears to be one option. That is a 10yr loan with Tesco at 8.2% apr.

Being a divorced male with csa in tow, I am not lucky enough to be a home owner but am instead, renting privately. So, before I take the plunge and TRY for the tesco loan, can you tell me if I have any other options?

Colin