Loosing my Debts...... My debt diary

mbs1

piglet6 wrote: »

:j :T Mbs1, congrats on baby no. 2!

Thanks...

Payday next Thursday, lets see how much OT i got this time!

mbs1

savingholmes wrote: »

The 0% may not be a no - I got one but just for a lower amount than I wanted. also they offered OH who earns less than me an interest free transfer the same week which seems really illogical. See if partner can get a card even if you struggle? Sometimes it works....

Oh so they might write to me offering one with a diff rate?

Never thought of OH getting a 0% card... Although she doen't earn a wage, but may have to try that one...

mbs1

Had a result back from Virgin.....

Big fat No!!!!

Anyhow, Spoke to my bank to set up a 2nd current account.

It will be my "bills" account, so when i gewt paid, a big chunk will come out then all that is left will be for Food, Diesel and other living expenses...

Is this a good idea?

Thanks

Piquant_2

Congratulations and well done on thinking ahead and sorting things out before the baby arrives.

mbs1

Just gone through the Snowball calculator, and its currently saying 15 months to clear my Credit Cards...

mbs1

Updated Details....

Found out exactly how much i owe...........

Hsbc CC - £4014.74
Mint CC - £1120
Tesco CC - £1242
AA CC - £1274

HSBC Car Loan - £14453.82
A&L Loan - 4104.96

Total - £26209.52

Im not worried about the Loans, as they will sort themselves out. Its the CC's i need to cut.

mbs1

Small update:

Recieved 2 cheques this morning

£85 from Dial a Phone from a phone contract
£455 Bond from previous rented property,

So another big chunk out of the cards....

mbs1

Morning all...

At work again this weekend, Get the OT in!

Paid another £600 off HSBC card yesterday. and a couple hundred spread out over the other 3 cards.

Ive now applied for 3 0% cards with no luck, so ill just leave it as it is.



Also had a big row with my partner over money being spent willy nilly, its not her fault as near enough all of the debt is over my stupidness..

Must try harder...............

Have a nice day

urg123

Hi mbs1

Great news about the new baby!

I just wanted to give you a friendly warning about applying for too many credit cards - I am attaching a link to Martin's article about avoiding getting into a 'rejection spiral'.
http://www.moneysavingexpert.com/banking/credit-rating-credit-score

You should also have a look at his article about credit cards - Virgin is linked to MBNA which is why you may have been rejected for Virgin card.
http://www.moneysavingexpert.com/cards/balance-transfer-credit-cards

Good luck with the DFW journey - all the extra over-time will really help to put a dent into those CC debts.

URG

mbs1

Ah, thanks for those.

1 of my cards is already 0% but the other 3 are 16.9% i think.

While the OverTime is available im grabbing it all.

Already worked out Sept's pay! so i can plan ahead