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Hello. Congratulations on acknowledging that you have a debt problem and speaking up about it. It’s very brave of you. Have you talked about it with your wife?

Please share with us the details of your income, your monthly expenses, the interest rates and balances on each of your credit cards and any other borrowings. We will then be able to suggest places where you may cut back your spending, to liberate extra cash to pay down your debt. (We can’t help you very much if we’re blind.).

As AJ said, it is vitally important that you stop using your credit cards. If you are relying on them to top up your lifestyle, then you will never be debt free.

- Pip
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