Where I am now?

boredofbeingathome

Hi Bathgate buyer, i have caught a few of your posts and seen how you have managed to keep on track despite pressures to socialise etc. Just wanted to add my congrats to the others and you have now inspired me to persue another PPI claim which hubby took out with Capital one but they refused to refund saying it would have covered him. So i will get cracking with that and a few other things. Thanks for making us all realise it is possible.
Well done and can't wait for the debt free post.
BOBX

painted_lady

Hi bathgatebuyer, you have done so well and come so far, well done.

SazM030306

Well done you! You've done so well so far. Keep it up!
Saz x

bathgatebuyer

Awww thanks everyone!!! As I said at the start, the thread is really for my benefit and so that I can see exactly where and what I've done and what I still need to do, but also to show what can be done by not taking 'no' for an answer and fighting for what is right.

Debt-free is still some way to go, but I've only got about 15% of my original debt to go and it seems like the finish line is in sight. It's been difficult, but I really feel a change in myself, my shopping habits and in my attitude to money in general.

fudgecat

Your thread is very inspirational to others and the purposeful way you have kept pegging away at your debt deserves congratulations. Like you, the way one views money and the lifestyle changes made do not just got you out of debt, but will transform the rest of your life. You should feel very proud of what you have achieved.

beanielou

How much have you still got to go?
Do u have a dent free date?
great news on insurance BTW.

bathgatebuyer

Not far for me to go - another £4K or thereabouts. It's still a lot when I think about it in monthly payments terms as the money could really be doing with going on other things, but I'm trying not to think about what else I could be spending it on.

Closing my Halifax credit card recently (phew - it's been around for 7 years so great to fnally get rid!) has had a really good impact on my credit rating as I'm now deemed to be 'fair' and I'm about 40 or points away from being 'good' according to creditexpert (I know, it's not that important...............lenders use their own criteria.................whay are you paying for it.............bla bla) all this from a 'very poor' rating in 2007 so I really feel as if loads of progress has been made in not a lot of time. The biggest impact appearing to be that whenever I settle an account, it increases my credit score by some 100 points or so, also by making regular direct debit payments in respect of each of my credit cards, I don't make any late payments - I do top up the direct debits with an additional BACS transfer later in the month. This year I've had 3 missed payments and those were 11 months ago so will be rolliing off my credit record just in time for my remortgage early next year. Phew - feeling good about money right now which is a new thing!

Certainly the change of credit rating has made me think about investigating the possbility of a balance transfer again to help get rid of my biggest card balance - presently RBoS of £1,700. Anything that can help get it down further would be a big help.

Got an offer from Egg when I tried to reclaim charges in that they've offered me £16 as opposed to the full amount which is something they tend to do by formula - next letter (if they do with me what they've done with everyone else) will be a letter offerng me the full amount back of £350. Seems well worth sending another recorded delvery letter for don't you think?!

As I've said before, writing all of this down is a great therapy for me - if anyone wants to comment feel free, but the real aim of t is for me to have a reference point for whenever things get a bit tough and I need to retrace my steps.

thriftymoo

just wanna say really well done, you've come so far in such a short time!

Piquant_2

Just read your thread bathgate buyer, well done for sticking to your guns, what an amazing amount of debt you've cleared. You're quite an inspiration...

Piq

bathgatebuyer

Another good news update - Egg have agreed to refund £280 worth of credit card charges to me and it should hit my account by Xmas! That knocks another 2 and a half months off my debt-free date!