We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

My (friends) debt lol

shuaibf
shuaibf Posts: 235 Forumite
in Debt-free wannabe
HALIFAX -- £1400 OVERDRAFT
HALIFAX CREDIT CARD -- £1400
O2 - £900

SOURCE OF INCOME WAGES FROM WORK WHICH IS £150 A WEEK

AND IM JUS STARTIN TO PAY £100 A WEEK ATLEAST INTO THE CREDIT CARD AND PAY THAT OFF ASAP GOOD OR BAD PLAN :confused:
Halifax Current Account Overdraft : [STRIKE]£1500[/STRIKE] FULLY PAID OFF:j
Halifax Credit Card : [STRIKE]£1950[/STRIKE] £1000 Left NOT LONG LEFT
O2 :( : [STRIKE]£952[/STRIKE] [STRIKE]£600 Left[/STRIKE] FULLY PAID OFF :j
DEBT FREE BY SUMMER 2010 HOPFULLY :D
_party_
«1

Comments

  • captainhaggis
    captainhaggis Posts: 7,009 Forumite
    Have you spoken to these creditors (and o2 - how the hell did you build up £900.00 with them!?! LOL!) and asked them to freeze intrest on the accounts?

    If not, your £100.00 is probably only worth about £20.00.

    ADD : Sorry - £100.00 a week on to the card is a great amount to be paying. You'll be shot of that soon. But with only £50.00 left each week how can you pay the OD and o2 while still having money to live?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • shuaibf
    shuaibf Posts: 235 Forumite
    Well i have spoken to them and they aitn really doin anyfin and the ow one is cause they canceld my contract and tellin me to pay the fuill contract lenth lol
    Halifax Current Account Overdraft : [STRIKE]£1500[/STRIKE] FULLY PAID OFF:j
    Halifax Credit Card : [STRIKE]£1950[/STRIKE] £1000 Left NOT LONG LEFT
    O2 :( : [STRIKE]£952[/STRIKE] [STRIKE]£600 Left[/STRIKE] FULLY PAID OFF :j
    DEBT FREE BY SUMMER 2010 HOPFULLY :D
    _party_
  • shuaibf
    shuaibf Posts: 235 Forumite
    Emm with £50 a week its ok for overdraft and the only expenises i treally have is petrol and car costs i havnt paid o2 anyfin yet dunno wat to do
    Halifax Current Account Overdraft : [STRIKE]£1500[/STRIKE] FULLY PAID OFF:j
    Halifax Credit Card : [STRIKE]£1950[/STRIKE] £1000 Left NOT LONG LEFT
    O2 :( : [STRIKE]£952[/STRIKE] [STRIKE]£600 Left[/STRIKE] FULLY PAID OFF :j
    DEBT FREE BY SUMMER 2010 HOPFULLY :D
    _party_
  • captainhaggis
    captainhaggis Posts: 7,009 Forumite
    So forgive me for asking but it seems like you're pretty much well on top of your debts.... What's the problem?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • shuaibf
    shuaibf Posts: 235 Forumite
    i cant stop spending thats teh fing ..i stuk to the £100 on credit card and that only lasted a month ... buh in tha time i had cut up al lma cards except one dunno if i shud do dat again .. really hard not to spend
    Halifax Current Account Overdraft : [STRIKE]£1500[/STRIKE] FULLY PAID OFF:j
    Halifax Credit Card : [STRIKE]£1950[/STRIKE] £1000 Left NOT LONG LEFT
    O2 :( : [STRIKE]£952[/STRIKE] [STRIKE]£600 Left[/STRIKE] FULLY PAID OFF :j
    DEBT FREE BY SUMMER 2010 HOPFULLY :D
    _party_
  • captainhaggis
    captainhaggis Posts: 7,009 Forumite
    MY GOD! Please try and type in proper (as opposed to text) English if you can. It'll make your posts easier to read! LOL! It's been funny reading your posts and trying to interpret them, though! :) (no offence intended at all)

    Not being able to stop spending is not really a problem anyone can help you with. It's a self discipline and willpower thing.

    A lot of people on here have had problems with gambling and we've all (I'm one of them) had to help ourselves get over these problems.

    The first place I'd start if I were you is to call the credit card company and tell them to CANCEL the card so you cannot spend on it anymore.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • shuaibf
    shuaibf Posts: 235 Forumite
    ok my bad . sorry for my bad english text lol ill try my best to write normal .. thanks alot for your help ill call the bank and ask them . they have already put a stop on my overdraft account so i know i cant spend on it but intrest is a a killer lol
    Halifax Current Account Overdraft : [STRIKE]£1500[/STRIKE] FULLY PAID OFF:j
    Halifax Credit Card : [STRIKE]£1950[/STRIKE] £1000 Left NOT LONG LEFT
    O2 :( : [STRIKE]£952[/STRIKE] [STRIKE]£600 Left[/STRIKE] FULLY PAID OFF :j
    DEBT FREE BY SUMMER 2010 HOPFULLY :D
    _party_
  • captainhaggis
    captainhaggis Posts: 7,009 Forumite
    shuaibf wrote: »
    ok my bad . sorry for my bad english text lol ill try my best to write normal .. thanks alot for your help ill call the bank and ask them . they have already put a stop on my overdraft account so i know i cant spend on it but intrest is a a killer lol
    What APR are you paying on the overdraft and the loan?

    And what arrangement do you have in place to pay back o2?

    - speaking of o2 and going off topic, their customer service has gone ridiculously down hill of late. I'd love to leave them and move elsewhere.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • shuaibf
    shuaibf Posts: 235 Forumite
    i dont really have anyfing in place for o2 . ill find out wat apr am payin im not sure ! of exact figure .. yeah and o2 are bullock that was just a stupid debt i brought on i dont even think i shud pay it lol but i have to
    Halifax Current Account Overdraft : [STRIKE]£1500[/STRIKE] FULLY PAID OFF:j
    Halifax Credit Card : [STRIKE]£1950[/STRIKE] £1000 Left NOT LONG LEFT
    O2 :( : [STRIKE]£952[/STRIKE] [STRIKE]£600 Left[/STRIKE] FULLY PAID OFF :j
    DEBT FREE BY SUMMER 2010 HOPFULLY :D
    _party_
  • captainhaggis
    captainhaggis Posts: 7,009 Forumite
    LOL - all debts are the same!

    Don't worry about finding out what the APRs are.... but what are your living arrangements? Do you live with parents? Your income and the amount of outstanding debt you have makes it sound to me like you might be in a position to strongly consider asking Halifax to freeze interest on your accounts and even consider accepting a smaller monthly payment.

    But that's going to screw with your credit history.

    How old are you, if I may ask?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.1K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture