Need help with finances
I am a 58 year old female living in Toronto and I am having some issues with debt. The monthly statements come in and I can almost not bear to look at them. I was off work for almost a year after being let go from job and have used almost all of my RRSP's to stay afloat. My son said he received some great advice on this website so he is using his account for me.
-Currently my mortgage has a balance of $32,000 left (my house is worth approx $850K) with RBC paying 2.7%
-I have a line of credit with $340K paying 3% (which is maxed out)
-I have credit card debts of $15K (25%)
-I have $8K in an RRSP (which i have been withdrawing from over the past two years) and a locked in RRSP with $140K (can I access this?)
-I am currently earning about $58K per year
What I am hoping for is someone to provide some advice on my situation. Can I consolidate my debt together? Who do I go to for that information? Any help would be great, I am feeling so overwhelmed.