We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Overdrawn on Overdraft - what to do....?

2»

Comments

  • K4ylee
    K4ylee Posts: 22 Forumite
    Wow!! I need to hang around here more often... ! I'm just really worried that I'll be asked to pay all the OD amount off in one go... don't think I'd get a £10k loan :eek: ... well nothing to lose really have I?.. blood out a stone n all that... thx!

    K x
    :heart2:Debt free wannabe:heart2:
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    since the budgetting board post got hi jacked.

    I know this is obvious but opening new accounts does not solve the root cause of the problem is just leaves a dangling debt and nothing to stop another one happening.

    The new account has to be part of a plan to reduce spends and get the busget under control.

    £200 overspend in a month is a clear sign that the DWD budget needs a review since it is not working.

    Time to rework that SOA.

    Actualy looking back over your posts I don't see any mention of a budget or SOA do you have one that covers at least 12month ahead?
    http://www.makesenseofcards.com/soacalc.html
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.4K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.