*my Diary* - Omg!

Intergalactic_Floozie

Couldn't you put the link in your signature, or would you be exterminated by a moderator?

ElizabethJH

Thanks I was just looking for that link myself

Also need to find the SOA but I'm sure I can find that myself.... he he!!

natsplatnat

IF - now that is not a bad idea!!! Will I be exterminated? lol

Elizabeth - I have dropped a line on your diary!!!

Have spent most of the morning crunching numbers - interesting, but hasn't supplied any ideas yet!

Intergalactic_Floozie

Well, you can try for nowt. At worst they'll remove it, and put a "we have removed your link" sentance in your sig.

Come on then, run some of your crunched numbers by us lot?

natsplatnat

Hi All!

As requested by IF here are some of my 'crunched numbers'

My balances currently....

Egg Loan £4528.57 @7.9%
Barclay CC £1780.65 @6.9% (LOB)
Abbey CC £6549.62 @26.485% yuck
Halifax CC £2077.79 @0%
Tesco CC £1980.30 @17.47% yuckish
Egg CC £72.07 @16.9%


Repayments to these at the moment are (approx £511 a month:rolleyes:)

Here's where it gets interesting and a little :eek:

@ £511 it would take 44 months
@ £611 it would take 34 months
@ £661 it would take 31 months
@ £711 it would take 28 months
@ £761 it would take 26 months
@ £811 it would take 24 months (currently £300 more than I pay out!)

So, now all I need to do is work out what I can realistically afford to pay each month and see how that sits in the above table! Due to being paid weekly, this may take a little while - so please don't hold your breath!! :rolleyes:

In the meantime I have written a little list for this evening.... I am sure I can reduce the repayment time by moving some balances around to lower APR's.....

I have a new 0% that I need to utilise (only got a £500 limit though)
I need to speak to Barclays about an interest rate deal for BT
I need to speak to Abbey to get them to reduce their APR just incase I can't move it anywhere else!

Right, off to do some work (where has the day gone? )

Intergalactic_Floozie

44 months isn't that bad for £17k. You could aim for that (which is achieveable because you're doing that at the moment) and say set yourself a challenge to save £100 extra per month, which will knock ten months off it.

Also that Abbey CC - OUCH!!!!!!! Is it possible to get a personal loan to pay it off, or is your credit score not brilliant. I want to cry for you having to fight that beast

natsplatnat

Hi IF!!

44 months is FAR TOO LONG, bearing in mind that I have been doing this for a year already!!

I am going to "batter the beast that is Abbey" this evening! I WILL WIN!! (watch this space for a victory report tomorrow! )

Intergalactic_Floozie

natsplatnat wrote: »

Hi IF!!

44 months is FAR TOO LONG, bearing in mind that I have been doing this for a year already!!

I am going to "batter the beast that is Abbey" this evening! I WILL WIN!! (watch this space for a victory report tomorrow! )

If I were Abbey, I would be very afraid!

Olderbutnotwiser

Good luck girlie
I am sooo looking forward to your victory post tomorrow that I may have to paint my nails do 'special hair' and dress hot tomorrow in your honour

natsplatnat

Good morning - and thanks for the vote of confidence IF and OBNW!

So, last night I went home and .....

Spoke to Barclays - no BT offers at the moment
Spoke to Abbey, who apparently cannot lower the APR on an existing balance and if there was any space on the card (say I managed to get the balance onto another card!) they haven't got any BT offers on either
Both cards said that they are still doing offers, just need to keep an eye out in the post for mine!

I then thought I would see if I could increase my credit limit on my Egg Money card (I lowered both limits before christmas to reduce the amount of credit available to me! :rolleyes:) But no!

'"B*mmer" said Dougal!'

So, all I am left with now is my new Santander card (0% £500) which I can put some on (but not directly from my Abbey card as they are the same group!) and then fill up my Egg Money card to its limit of £2500.00 Not a lot, but better than nothing I 'spose!

Kinda had enough at this point last night, so had a nice glass of red wine. I will get back on the phone tonight and move as much around as I can!

So, for now, thats me.....Officially stuck with a horrendous APR!!

Whoops!:rotfl: