A payment a day............

cho8925873

may be silly question not good at abbreviations what are all the challenges that people are adding at bottom of posts annd what does each one signify love these little pictures am just admitting how much debt were in :eek: was a huge shock £89.251.92 :eek: dont all the little ones that dont seem much at the time mount up . it according to payplan will take approx 12 years to pay back . i presume thats if they all accept dmp just recieved first lot of paperwork from payplan bring it on lets deal with this once and for all . after initial shock feeling much more positive now have decided to deal with it hope phone will stop ringing and i will stop ignoring calls , very embarssing when people are visiting :rotfl: tell them they are more important than person calling and i will call them back later . anyone else done this . my debt seems to be much higher than other peoples on here looks like ive buried my head for alot longer . sorry to rant on but ive not been able to tell anyone as im so embarassed never ever before admitted to myself let alone other people just how bad things really are for all my jesting i'm really scared especially what people say about lloyds as a lot of my debt with them have a buisness account with them can they touch this for debts

Lelc

cho8925873 wrote: »

can you not just target one debt and pay this first to reduce amount of people you owe money to i know this sounds daft as debt would reduce the same however you pay i think mentally seeing creditors get less would make me feel like i was getting somewhere

I suppose you could make additional payments to one creditor if you wish. I'm sure that I'd read somewhere, though, that if other creditors find out then they don't take kindly to it and may demand you pay them more. I can't remember where I saw this. Maybe you could start a thread with the question and someone with more expertise can advise you better.

sazzledazzle

cho8925873 wrote: »

sorry to rant on but ive not been able to tell anyone as im so embarassed never ever before admitted to myself let alone other people just how bad things really are for all my jesting i'm really scared especially what people say about lloyds as a lot of my debt with them have a buisness account with them can they touch this for debts

I felt like that but found a friend at work, who I trust, and confided in her. She is also in similar situation I found and now we are encourging each other. I have found it alot easier to deal with since found someone to share it with. I think you will find people you know are in a similar situation.

sazzledazzle

Only 54p today but every little is a step closer to Debt Free Day. Off to pay money bag money into bank account tomorrow so I have enough to pay mortagage.
So proud of myself as I have just had my last work lunch for the week and have managed to live off a loaf of bread for lunch for aweek. That means I have saved about £10 - £15 this week, which I have put towards debt, petrol etc. I even resisted lunch from the lunch van, when the special was chicken curry, helps i am feeling unwell as well today. Its all worth it.

Greenbynature

Afternoon all
Good luck to Frasersmum123 and well done on putting payment a day first lol hope the birth is a quick one :rotfl:

Counted my loose change jar up and put it in the bank today it came to £37!! Along with £100 cheque from ex for maintenance which was late again :mad: :mad:
Paid £5.03 off Egg cc cos Cap 1 site still not allowing payments!!!:mad: And another £2 coin into sealed pot ooohhh I can't wait to open it :rotfl:
Had a phone call from Alliance & Leicester at 8am this morning!!:eek: About my loan with them they said my reduced payment deal had come to an end and could I now make full payments and clear my arrears and did I know that they could apply for a charging order to be put onto my house am not a happy bunny can they do this??

Lelc

Greenbynature wrote: »

Afternoon all
Good luck to Frasersmum123 and well done on putting payment a day first lol hope the birth is a quick one :rotfl:

Counted my loose change jar up and put it in the bank today it came to £37!! Along with £100 cheque from ex for maintenance which was late again :mad: :mad:
Paid £5.03 off Egg cc cos Cap 1 site still not allowing payments!!!:mad: And another £2 coin into sealed pot ooohhh I can't wait to open it :rotfl:
Had a phone call from Alliance & Leicester at 8am this morning!!:eek: About my loan with them they said my reduced payment deal had come to an end and could I now make full payments and clear my arrears and did I know that they could apply for a charging order to be put onto my house am not a happy bunny can they do this??

I don't know if this link will help (I hope it works).

http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=15_charging_orders_in_the_county_court

Greenbynature

Hi Lelc
Thanks for that link yes it did work. Alliance & Leicester haven't took me to court they just put a default notice on my credit file?! up til now they've been really good about my reduced payments just this girl today was quite snotty about it. So they have to apply to court for a ccj first?? Well they've given me another 4 months of reduced payments before they look at my account again. I daren't make any extra payments to them in case they think that means I'm capable of paying them more iykwim?
Thanks for you help Lelc
ps Its not a secured loan either

Flower08

Afternoon all, just got this months statement for one of my credit cards today - so nice to see all the payments that have been made! And to see the lower balance! Definatly makes these small payments everyday seem worth it....so another £2.25 for me today!

vixsta7

Afternoon all! £15 for me today, have a good weekend!

sams247

Saved a little by making own lunch, made a little by selling some MTG cards on ebay, so my new and shiny total is now down to £198, must update my sig...... Who knew debt could be so much fun