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Hey Snorky,
I work in home loan variations. Basically I deal with customer like yourself on a day to day basis. I am not a finacial advisor but. Have you considered varying your home loan and or investment (investment would be best if you have equity) and increasing that loan to consolidate your debts. You could increase and convert to intrest only. You will see massive savings with those CC gone and by going I/O only for a while it will give you some breathing room to get back on track again.
Call your lender and see what they can advise to help you out. Does the amount you owe in CC and your current home loan debt amount to more the 90% of the LVR? Again maybe you could spread the debt between the two if you do not have enough equity in one.
Hope it helps
Hi Blondie,
I am in a very similar situation to your self. Other then me saving (and I am trying to) there seems to be no other help for me.
Would you ever consider a legal partnership with short to mid term investment plan?
What I mean is. I have been considering for a litle while now of getting a few people together under a legal contract all contributing set amounts to the deposit and holding on to that (while we also continue to save ourselfs) untill there is money enough to spit the equity built to purchase property of our own?
Also if there is anyone else out there who has done or knows of anyone who has either succesfuly or not been down this path and advise to me and others would be great.
blondie if you and or any others are interetested let em know?
Amanda
