I'm paying off more interest than loan at the moment, and feeling like I'll never get it all cleared. What are my options?
I'm paying off a credit card and a personal loan at the moment, and can only afford to pay off the minimum on my credit card. Interest on the loan is 7.9% and on the credit card at 17.6%. Obviously the card needs to go first, but I don't have enough spare cash for that and the loan. Is there anything (besides more borrowing) that I can do to sort this out?