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Drea
Posts: 9,892 Forumite
Statement of Affairs
Monthly Income Details
Monthly income after tax................ 912
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 912
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 485
Management charge (leasehold property).. 0
Council tax............................. 108
Electricity............................. 38
Gas..................................... 34
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 10
Mobile phone............................ 15
TV Licence.............................. 11
Satellite/Cable TV...................... 10
Internet Services....................... 10
Groceries etc. ......................... 80
Clothing................................ 0
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 36
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 13
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 850
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0
No Secured Debt
Unsecured Debts
Description....................Debt......Monthly...APR
Vanquis........................232.......10........39.9
Council Tax owed...............324.73....0.........0
Provident......................300.......36........183.2
Total unsecured debts..........856.73....46........-
Monthly Budget Summary
Total monthly income.................... 912
Expenses (including secured debts)....... 850
Available for debt repayments........... 62
Monthly UNsecured debt repayments....... 46
Surplus(deficit if negative)............ 16
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -856.73
Net Assets.............................. -856.73
Created using the SOA calculator at www.makesenseofcards.com
Reproduced on Moneysavingexpert with permission.
To be honest, the provident debt is not getting paid at the moment. I 'fell out' with my collector and she said she would get them to phone me with a new person to collect the money but they never did, then I moved house and haven't told them. I know, I know...
The council tax owed is from my last place, was living with my ex then and he wouldn't pay anything, again, I know, I know.
This month coming up I will have to pay £100 to my phone/broadband/tv (it is a deal from Virgin for the three) from moving house but after then it should work out around the £30 mark.
There are probably other things that are outgoing that I can't think of at the moment. I just have no way of paying out money that I do owe when I can't really cover living. Oh I also owe £500+ to my electricity company from before I moved too...
Getting really stressed about all of this, I'm 21 and got the debts from living with my ex. I can't afford clothes, haircuts etc so I don't get them. I don't think anyone here can help really since I don't have the money coming in to cover it. But any advice appreciated
Monthly Income Details
Monthly income after tax................ 912
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 912
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 485
Management charge (leasehold property).. 0
Council tax............................. 108
Electricity............................. 38
Gas..................................... 34
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 10
Mobile phone............................ 15
TV Licence.............................. 11
Satellite/Cable TV...................... 10
Internet Services....................... 10
Groceries etc. ......................... 80
Clothing................................ 0
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 36
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 13
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 850
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0
No Secured Debt
Unsecured Debts
Description....................Debt......Monthly...APR
Vanquis........................232.......10........39.9
Council Tax owed...............324.73....0.........0
Provident......................300.......36........183.2
Total unsecured debts..........856.73....46........-
Monthly Budget Summary
Total monthly income.................... 912
Expenses (including secured debts)....... 850
Available for debt repayments........... 62
Monthly UNsecured debt repayments....... 46
Surplus(deficit if negative)............ 16
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -856.73
Net Assets.............................. -856.73
Created using the SOA calculator at www.makesenseofcards.com
Reproduced on Moneysavingexpert with permission.
To be honest, the provident debt is not getting paid at the moment. I 'fell out' with my collector and she said she would get them to phone me with a new person to collect the money but they never did, then I moved house and haven't told them. I know, I know...
The council tax owed is from my last place, was living with my ex then and he wouldn't pay anything, again, I know, I know.
This month coming up I will have to pay £100 to my phone/broadband/tv (it is a deal from Virgin for the three) from moving house but after then it should work out around the £30 mark.
There are probably other things that are outgoing that I can't think of at the moment. I just have no way of paying out money that I do owe when I can't really cover living. Oh I also owe £500+ to my electricity company from before I moved too...
Getting really stressed about all of this, I'm 21 and got the debts from living with my ex. I can't afford clothes, haircuts etc so I don't get them. I don't think anyone here can help really since I don't have the money coming in to cover it. But any advice appreciated
Just because you made a mistake doesn't mean you are a mistake.
0
Comments
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Oh I hear you on carpy exes, I paid the rent with one of mine for six months. It's awful. Nearly £2k I was mugged for :S
I noticed your spending around £36 on travel. I'm going to assume that is a travelcard (based on the fact you don't seem to drive and your rent is high). Do you get tubes everywhere? Would it be feasible to switch to a weekly bus pass?
Get the Vanquis card paid off as soon as possible, interest rate like that is ridiculous. I nearly went for one when times were hard but I thank my lucky stars I didn't! I would sort out the Provident one as well because that's doing no favours for your credit rating!
I'm pretty new to this being sensible thing myself so that's all I can really say. Lloyds CC: £5150.73 :eek:
Lloyds OD: [STRIKE]£2500[/STRIKE] £2224.44
Ex-employers personal loan: [STRIKE]£300[/STRIKE] £2500 -
Welcome
There will be ways to start tackling this situation.
Have a read of http://www.moneysavingexpert.com/protect/make-money
Do you have stuff that you can put on e-bay, amazon or take to a car boot sale?
Do you know about https://www.freecycle.org - which is like e-bay but the stuff is free so you can get things you need ?
The absolute priority to to organise a deal on that council tax.
Can you get an extra job for a few months as your rent to salary ratio is high? That would clear some of the old debts (which you need to add into your SOA as well)If you've have not made a mistake, you've made nothing0 -
First of all welcome to the forums and well done for posting your SOA this is the biggest start to getting things sorted..
Mines been up maybe a couple of weeks and i feel different already so dont give up ok!
The main thing that is noticeable from your accounts is that your earnings are very very low. you have explained other high things that go out but clearly its your earnings that are causing the main problem. Is this a normal 9-5 mon to fri job ? Is there any chance you can get another part time job somewhere to help bring your salary up? Many of us on here work 2 jobs and have families so it is possible to juggle everything.
Your council tax seems high is there any arrears in this? Can you pay over 12 months? Have you got your 25% single persons deduction on there?
Do you have maybe room where you can take a lodger in?
It also says you dont pay any water do i take it this is in with your rent?
Your mobile could get dropped down at least a fiver if not a tenner a month. PAYG do some great deals with loads of free calls and text available.
See if you can get a broadband deal that offers more channels/telephone and internet all in one may work out less than what you are paying individually for yours?
All in all others will be along to give you some great advice and the light will shine.. maybe dim to start off with but it will x2025 Wins ::
*Gok Wan Ultimate Mummy Makeover - Jan2025
*P&O 2 Week Caribbean Cruise - March 2025
*£500 TOG24 voucher - April 20250 -
Oh! And I called my local council tax office today in tears with a baliffs letter clutched into my hand. The lady was dead nice and organised it so I can pay it off, a nice round figure starting from next month. She also filled in a council tax benefit form for me which was nice as well. So ring them!!!Lloyds CC: £5150.73 :eek:
Lloyds OD: [STRIKE]£2500[/STRIKE] £2224.44
Ex-employers personal loan: [STRIKE]£300[/STRIKE] £2500 -
Hi Again
You might want to check out whether there is a local credit union. Some of the bigger ones offer "freedom loans" to help people get out of provident and payday type situations. Our local one has an APR of 26% on these compared with 11% on normal loans but it is still a lot cheaper than the Provo
But the thing you really have to tackle is that CT. They caqn take your stuff for non-payment.If you've have not made a mistake, you've made nothing0 -
Have you applied for rent/council tax benefit? I don't know if you'd be entitled to it be gotta be worth a shot? I'm not in the same situation as you so not sure of your entitlement.
Also the council tax from your previous property. My sister was in the same situation and her ex wouldnt pay anything, she asked him to go halves. Anyways it turned out he ended up having to pay it all because he was on more money than here. So contact your council tax office if he earns more than you and just see about it. It may not be the same now as that was a couple of years back.
If you've got time, set the ball rolling today while its fresh in your mind...
Good luck.Initial Debt July 2020 - £6,772.80
Debt now Jan 2021 - £6,208.21
Overpayment pot - £00 -
Council tax............................. 108
If paying over 10 months, can you ask to pay it over 12? (from January)
Electricity............................. 38
Gas..................................... 34
Have you checked the comparison sites to see if you can get cheaper?
Mobile phone............................ 15
PAYG?
Groceries etc. ......................... 80
Check out the old style board for meal plans. Have you moved down a brand?
I realise you've probably done most of the above, but thought i'd put them out there. If provident are still charging you interest, you need to get that sorted asap. Do you have a decent credit rating? If so you may be able to get a creditcard with a 0% promotional offer like virgin to pay towards some of the debt. I agree with RAS that the CT is the priority though.After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91
Dad Gift 6k ¦ Savings & Inv Tst: £2,500
Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0
Total Owed: £2,270 (+6k) 11/08/20110 -
Just going to answer them all in one message
The £36 travel costs is a monthly bus pass, which is cheaper than a weekly one.
Don't really have anything to sell at all...
My earnings are low? That's £13,500 per year, it's not too low is it? The council tax, I'm not sure exactly what it will be monthly, still waiting on my card to pay it. Tried to call them today but their systems are down. I was just dividing the £700 odd im to pay by the 7 months its for. The water is in with my council tax. My mobile is £15 because that is the deal I use on PAYG, £15 and I get unlimited calls/texts to other o2 numbers. Can't find anything cheaper out there. My broadband/tv/phone is all in one.
Not entitled to any council tax/rent benefit, looked into that. Can't get my ex to pay because haven't a clue where he is, neither do any of the companies.
I have a very bad credit rating... no chance of getting any credit card.
God that sounds all doom and gloom doesn't it.Just because you made a mistake doesn't mean you are a mistake.0 -
Can you not put out feelers amongst friends and family to find him - or even through facebook or bebo etc?£10 per day Challenge (Oct)
£175 in paypal
£15 from consumer pulse
£5 M&S Voucher - thanks to direct line quote0 -
hello there
you are braver than me
I have never done an SOA...naughty I know.....
welcome to the (((((huggie))))) side of life:heartpulsOnce a Flylady, always a Flylady:heartpuls0
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