considering the debt level and earnings of the querist, the debt is not too high nor is the situation hopeless. He should resolve once and for all to get out of credit card mess and ensure 100%payment every month.Next he shoud explore with his bank debt consolidation with addi tional loan of Rs.50000,repayable in 36 months.This will entail a total outflow of about Rs5500 i.e. incremental outflow of just Rs 800 which can be easily met with avai lable surplus.Also the annual bonus should be used to prepay the loan partly.Not only the querist will be debt free but also have investible surplus very soon.
