Dear potential sponsor,
It is no secret that I am writing this note, to ask for financial help, however I would like to provide some context of what brought me here.
In 2015 I experienced some hardship which led to myself being a student in my undergraduate degree, at the age of 20, and also balancing morgage repayments using my student loan in order to keep the family home afloat. Needless to say this was unsustainable, so I applied for loans in order to me continue to make payments as well as support my life whilst studying. Every summer I would work up to 60 hrs a week in order to save for my personal rent at university, whilst help with the financial hardship at home. After three years of doing this, I found myself homeless whilst studying and also knee deep in debt for both my degree and personal circumstances. Throughout this time, loan payments were expensive and sometimes impossible to meet causing a deep amount of depression and anxiety. I am resilient, however and will not be deterred from achieving my dream. I am proud to have graduated with a 2:1 despite all of the challenges.
I managed to stablilize my living circumstances and went back to university to work toward my PGCE so that I could become a teacher; I was successful. However juggling the financial burdens over the last 5 years has put my credit rating in a place where I wont be approved a loan to consolidate all of the debt (despite being able to afford it). As it stands I am paying 3x the amount to individual lenders than I would be if the debt was consolidated. My sole issue is that my credit rating does not allow me to be approved for the funds that would alleviate the burden of my situation.
I am currently left (3 days after payday) with less than £200 for the month, not including travel and food expenses. I am clear on what needs to be achieved and driven to paying off my debts however it is not without the need for help. I have spoken to debt advice companies however they offer little help other than insolvency. this is not an option for how far I have come.
Currently my debts equate to 10,000. I do not ask anyone to take responsibility for my debts. If it were within anyones means, I would be more than willing to pay back in monthly instalments the full amount, Failing this If I were able to raise even half of this amount, my life would be impacted in an unspeakably positive way.Whilst I understand it is nobodies debt but my own, I know that the catalyst for my current predicament was simply an attempt to save my family home, not recklessness or irresponsibility. I am struggling to keep my head above water, and am calling on the good will of anyone with compassion, who is able to help toward the situation I am currently in.
I am someone who believes in the good of the world, and no matter the outcome of this I plan to keep my belief in the good alive, by paying forward every kind deed in whichever way I can.
If you feel that you could help, please donate funds to my paypal.me link
Yours most Sincerely