Time to clear the debts

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jacksmummy160712
jacksmummy160712 Posts: 11 Forumite
in Debt free diaries
Good afternoon everyone,
So, today, me and my sister(midgetgem82) decided it was time to get our butts in to action with clearing our debts.
I have recently been made redundant and am going through the initial application for universal credit so Im unsure of what help i will get, in the mean time the job hunt continues daily. once i know i will do a SOA.
In my household it is just me and my son (5).
Previously ive been allowing £100 per month towards debts but it never seems to go down.
Any help and advice will be greatly appreciated.
Thanks
WANNA BE DEBT FREE BY END OF 2019
BARCLAYCARD@2.3125%:£1825.56.... CAPITAL ONE@34.94%: £300.00.... VERY:£356.36 Total:£2481.92

Comments

  • enthusiasticsaver
    enthusiasticsaver Posts: 15,594 Ambassador
    First Anniversary First Post Name Dropper I've been Money Tipped!
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    What interest rate are you being charged on those cards? Very is normally one of the most expensive.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
  • jacksmummy160712
    jacksmummy160712 Posts: 11 Forumite
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    My very balance is all on bnpl plans, and will be cleared by end of the interest free period. For the credit cards i shall check and add it to my sig. Thank you.
    WANNA BE DEBT FREE BY END OF 2019
    BARCLAYCARD@2.3125%:£1825.56.... CAPITAL ONE@34.94%: £300.00.... VERY:£356.36 Total:£2481.92
  • jacksmummy160712
    jacksmummy160712 Posts: 11 Forumite
    Options
    Made a small payment of £8.19 on to my Barclaycard today before realising it might have been better going onto my capital one credit card. Oh well.
    WANNA BE DEBT FREE BY END OF 2019
    BARCLAYCARD@2.3125%:£1825.56.... CAPITAL ONE@34.94%: £300.00.... VERY:£356.36 Total:£2481.92
  • jacksmummy160712
    jacksmummy160712 Posts: 11 Forumite
    Options
    Going in to town tomorrow to change up some old currency from my holiday earlier in the year.. Dont think it will be a lot but Will use that to pay some money off one of the debts.
    WANNA BE DEBT FREE BY END OF 2019
    BARCLAYCARD@2.3125%:£1825.56.... CAPITAL ONE@34.94%: £300.00.... VERY:£356.36 Total:£2481.92
  • jacksmummy160712
    jacksmummy160712 Posts: 11 Forumite
    Options
    Not been on for a while due to having no money and so not being able to clear any debts. Today I have paid £100 off of a BNPL plan on very and also £70 on to my cap one balance. Off to update my sig feeling happy.
    WANNA BE DEBT FREE BY END OF 2019
    BARCLAYCARD@2.3125%:£1825.56.... CAPITAL ONE@34.94%: £300.00.... VERY:£356.36 Total:£2481.92
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