Trying to close settlemy credit cards

weewizard69

debrag wrote: »

do both these show up as current months?

I have defaults from 2006 and nothing from them after that meaning 6 years later they are gone.

One says 'Current balance: Account closed on 12/04/2006 with an outstanding balance of £462.00'

each time I get a new report that figure goes down

Removed sorry

debrag

:eek: and I would edit the image as personal data is there

mines

weewizard69

debrag wrote: »

:eek:

mines

Recorded at: Account holder name:
Date of birth:
Company type: Finance House Account type: Credit Card Last updated: 1st February 2009 Current balance: Account closed on 12/04/2006 with an outstanding balance of £462.00 Credit limit: Not Applicable Opening balance: £0.00 Account start date: 7th July 2005 Regular payment amount: Not Applicable Number of repayments: Not Applicable Repayment frequency: Monthly Worst Status: Default Payment History: Hover over the icons below for more details.
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

- - - - - - - - - - -

mmmmm slightly different to mine really, im not 100% what to make of what I read on my report.

I was thinking if I paid these two of then apply to have defaults removed using the removal process of letters it may help / work

debrag

you can't remove defaults just by paying them they fall off after 6 years.

Can you get the £337 to pay of the lowest, with out a loan? have we done an SOA?

weewizard69

debrag wrote: »

you can't remove defaults just by paying them they fall off after 6 years.

Can you get the £337 to pay of the lowest, with out a loan? have we done an SOA?

the £337 is now actaly £255

what is SOA :money:

debrag

SOA - http://forums.moneysavingexpert.com/showthread.html?t=107280

weewizard69

debrag wrote: »

SOA - http://forums.moneysavingexpert.com/showthread.html?t=107280

ah okay i see, well its only really my cards i have a problem with.
i pay 265 a month to them and based on my income and expenditure this is the max i can go to. :cool:

debrag

if you post it we can help you may be cut down in some areas even if just for a few months

weewizard69

debrag wrote: »

if you post it we can help you may be cut down in some areas even if just for a few months

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 2
Monthly Income Details
Monthly income after tax................ 1800
Partners monthly income after tax....... 1250
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 3050
Monthly Expense Details
Mortgage................................ 630
Secured loan repayments................. 0
Hire Purchase (HP) repayments........... 240
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 150
Electricity............................. 60
Gas..................................... 60
Oil..................................... 0
Water rates............................. 28
Telephone (land line)................... 17
Mobile phone............................ 55
TV Licence.............................. 12
Satellite/Cable TV...................... 21
Internet Services....................... 0
Groceries etc. ......................... 250
Clothing................................ 50
Petrol/diesel........................... 130
Road tax................................ 20
Car Insurance........................... 60
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 28
Contents insurance...................... 0
Life assurance ......................... 12
Other insurance......................... 23.02
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1856.02

Assets
Cash.................................... 0
House value (Gross)..................... 160000
Shares and bonds........................ 0
Car(s).................................. 19000
Other assets............................ 0
Total Assets............................ 179000

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 115000...(630)......5.19
Hire Purchase (HP) debt ...... 9450.....(240)......5.4
Total secured & HP debts...... 124450....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Capital 1......................2000......65........0
Barclaycard Visa...............795.......35........0
Barclaycard Mastercar..........2251......35........0
RBS............................255.......45........0
YB / Cabot.....................355.......45........0
Halifax........................800.......21........19.9
Total unsecured debts..........6456......246.......-

Monthly Budget Summary
Total monthly income.................... 3,050
Expenses (including HP & secured debts). 1,856.02
Available for debt repayments........... 1,193.98
Monthly UNsecured debt repayments....... 246
Amount left after debt repayments....... 947.98
Personal Balance Sheet Summary
Total assets (things you own)........... 179,000
Total HP & Secured debt................. -124,450
Total Unsecured debt.................... -6,456
Net Assets.............................. 57,544
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.

RAS

Hi

Alternatively if you can reclaim some charges, you might be able to pay extra on the DDDDDDDDDDDDcard one month.

Or talk to your local credit union. A very small loan at 11-26% would fix the smallest card immediately.

I can only think of one other situation where someone discovered a company marking e credit record each month. Maybe you should talk to the OFT or someone see if they are entitled to do this if you are making more than minimum payments?