My magical debt diary!

littlepinkstars44

daily wrote: »

I thought I read a post saying they wouldn't give you a student account?

For normal people or post grads, overdrafts are charged interest.

Stretch the column headers at the top, the cells are probably too small to fit.

ahh thanks, that sorted it.

No i got my student account when i started my HND 2 years ago. But then i was only planning on doing a 2 year HND...I didn't know i could go to uni! But now i am, and my account has been changed to a graduate account (or it will be soon) Even though i've never even set foot inside a uni yet.

But they want to see proof, like an acceptance letter from the uni saying i am going there. Which i don't have, and won't have till September.

daily_2

If it isn't clear why you went over the limit, post the transactions on the online statement.

As a starting point, recreate your soa on a spreadsheet, using formulas to do the totals, apr's etc.

littlepinkstars44

daily wrote: »

If it isn't clear why you went over the limit, post the transactions on the online statement.

Hope this works ok...

deleted ?

daily_2

Too much details there, it has account no etc.

littlepinkstars44

i'm not sure what you mean by formulas?

daily_2

Delete your post with the transactions on

Using sum and equations

littlepinkstars44

daily wrote: »

Delete your post with the transactions on

Using sum and equations

deleted it...urm how do i do that? Sorry i've never used anything like this before. To be honest i dont even know what its for

daily_2

The last transaction here is where you went over the overdraft limit, balance minus 71.27 withdraw £50 cash = balance minus 121.27.

There are no random up's and downs that I can see, every transaction should be explainable.

6 Jul 2009 POS4037 02JUL09 0000 , CRYSTAL PALACE. -5.10 -£50.20
6 Jul 2009 POS4037 02JUL09 1639 , PRIMARK , -16.17 -£66.37
6 Jul 2009 POS4037 04JUL09 0000 , KEY STORE -4.90 -£71.27
6 Jul 2009 C/LCASHLINE 04JUL -50.00 -£121.27

littlepinkstars44

yes, cause my online banking that morning told me that my available balance was £50

daily_2

Recreate this in works, it will give you practice.

I'll highlight the bits that need a formula shortly.

Monthly Income Details
Monthly income after tax................ 300
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 340
Total monthly income.................... 640

Monthly Expense Details

Rent.................................... 150
Mobile phone............................ 30
Groceries etc. ......................... 15
Clothing................................ 25
Other travel............................ 50


Medical (prescriptions, dentist etc).... 4
Pet insurance/vet bills................. 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 50
Books................................... 10
Total monthly expenses.................. 334

Assets
Cash.................................... 0
Other assets............................ 0
Total Assets............................ 0

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly.. .APR
RBS Overdraft..................1400......0.........0...intcost
RBS Overdraft #2...............111.......0.........0.intcost
BOS Overdraft..................953.......0.........0.intcost
Additions......................154.......15....... .0.intcost
Kays Catalogue.................173.......30........0.intcost
Arcadia Staff Card.............210.......15........29.9.intcost
Dorothy Perkins Card...........220.......15........29.9.intcost
New Look Card..................90........10........28.9.intcost
Carphone Warehouse.............49........0.........0.intcost
Total unsecured debts..........3360......85........- .intcost

Monthly Budget Summary
Total monthly income.................... 640
Expenses (including HP & secured debts). 334
Available for debt repayments........... 306
Monthly UNsecured debt repayments....... 85
Amount left after debt repayments....... 221
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -3,360
Net Assets.............................. -3,360