i have recently decided to turn my stupid life of getting everything on finance around! i had loans after loans after loans. I owed just over £8000 and I'm only 21! it all started when i wanted to get a brand new scooter but did not have the money, i was 18 and thought, I'm now legal for credit I can get what I want now and pay for it monthly! then i got a Mac on credit, took out a loan to buy a car and pass my driving test and pay for a years insurance i took everything out on credit. if there was a credit option i would go for it, instead of parting with the cash that i had. DOH! this led to me paying out over £600 a month in bills! and I only come home with £840 after tax! not good! it was a big cloud above my head! always knowing i have to pay someone back, wont be able to get my own place etc etc. I did some research last night after seriously not being able to sleep because of it, so i had a look to see what i could do. When I got up this morning i thought to myself 'Right, Im going to do something about it'. so about an hour ago I Chopped up all my credit cards,Store cards, Luxury items like cineworld unlimited cards, cancelled my lovefilm subscription. cancelled every single thing but my iPhone Contract. i called the bank explained that i am up to my eyeballs in monthly payments and i want to see if they can help me. after going to visit the bank, they said that they could offer me a loan of £9000 on a 9.9% APR over 5 years the monthly payments would then be £188 a month and this would leave me an extra £1000 to pay what i have left on my insurance for my car. so instead of paying over £600 a month. I'm now paying £188 to my bank, only one loan, instead of about 8 with 8 different interest payments and the £40 iPhone Contract. what led to this was my decision the other week that I am moving in with my Girlfriend. she lives 56 miles away and i am spending hundreds a month just traveling backwards and forwards to hers. so now instead of having just under £200 a month to myself I now have just over £600 to myself. and this means i can afford to rent my own place with my girlfriend. I know I have been stupid and i have a new motto, if I don't have money for it, I am not going to buy it! have I done a good thing by going for one debt instead of loads? I know I will be better off because of it and I will be able to save! do any of you have stories about yourself being in trouble with debt? I would really like to hear them. or even do you Recommend any books, tapes etc etc? Thanks for reading.