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  • FIRST POST
    • Gethino
    • By Gethino 1st Jun 17, 5:08 PM
    • 19Posts
    • 1Thanks
    Gethino
    Advice needed
    • #1
    • 1st Jun 17, 5:08 PM
    Advice needed 1st Jun 17 at 5:08 PM
    Hi all. I'm really hoping someone can help me or at least guide me to resolve my debt. I'm currently in full time employment earning about 30K a year. I'm with one bank only which is HSBC. I have one credit card with them which only has a £500 limit on it but I'm have about £450 into that. I'm not too worried about the credit card if I'm honest. In my current account I have a £3500 overdraft which I'm struggling to keep within every month. I just can't seem to clear it. My monthly income after tax is £1729. My bills total £1036.07 which means I have £692.93 to play with each month. I have tried saving each month but there always seems to be something. Last month it was the car which cost me £300 and this month it was the car tax. Is there anything I can do? Please help.
    Thanks.
Page 3
    • Geoff1963
    • By Geoff1963 7th Jun 17, 8:57 PM
    • 1,033 Posts
    • 640 Thanks
    Geoff1963
    Instead of the gym, buy three or four B&Q decking squares and a metronome, then step up and down for an hour, or two. You can watch TV at the same time.
    • harrys dad
    • By harrys dad 8th Jun 17, 8:59 AM
    • 1,802 Posts
    • 2,010 Thanks
    harrys dad
    The holiday's not £1200 it's £600 ish so I'll just pay £100 a month until xmas which is not too bad and within my budget. About this SOA, is there a template on here then cause I've never done one before.
    Originally posted by Gethino
    How do you know this £100 a month for a holiday is within your budget? You still haven't done a complete budget which shows ALL your expenditure.
    • Gethino
    • By Gethino 9th Jun 17, 7:34 PM
    • 19 Posts
    • 1 Thanks
    Gethino
    Gone and got the card and made the money transfer! Unfortunately, it only allowed me to transfer £3300 so I'll still be £200 overdrawn at the end of the month!
    • Gethino
    • By Gethino 12th Jun 17, 10:24 PM
    • 19 Posts
    • 1 Thanks
    Gethino
    If I made the money transfer on Friday, when will the first minimum payment be due?
    Thanks!!
    • bobcat2
    • By bobcat2 13th Jun 17, 12:18 AM
    • 62 Posts
    • 73 Thanks
    bobcat2
    If I made the money transfer on Friday, when will the first minimum payment be due?
    Thanks!!
    Originally posted by Gethino
    I would say that it would be due within 20 days of your statement date and your statement would be 1 month after your account opening date. So approx 50ish days from when you opened the account. When the statement arrives though it will tell you.
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