Massive debts to tackle

gargrave50

Morning all,

Greeted the postman this morning with a lovely black envelope from Next Directory on the top of his pile. I hate Next, they are first on my hitlist for F&F. I wrote to them on 30th June offering reduced payments (paying weekly but equating to £30 month on £1209 balance). They didn't write back (just like Take That!!). Today I receive a statement which 1. doesn't show any of the weekly payments I've made, 2. has a service charge of £22.57 despite my polite letter asking charges and interest to be frozen. They have asked me to contact them urgently by telephone - not on their nelly. I'll be writing a "what the furk?!" letter very politely saying have you not read my freeking letter?!

Checked the bank and there is a mystery payment of £253+, I hate HBOS it only says bank credit until the next day. I don't want to transfer any to my F&F until I find out the giver of this lovely gift!

Nishka

Hiya

Just wanted to pop in and say hello.

We are in a similar situation in that we SHOULD have money left over but somehow we don't!! (Agh!)

Good luck xx

gargrave50

Hi Nishka, isn't money magic?! Try a spending diary - we are. It is highlighting nicely just how much cash we fritter! Time for a change of habits I think.

Bad_Weather

Hi gargrave 50! I too hate BOS!!!!

Been with them for years giving them lots of my money and they would only reduce my interest by like 2% out of loyalty!!! Im hammering them first or going to try and balance transfer my cash OUT OF THERE!!!

Goodluck ill keep up to date with your diary as you started yours about same time as mine!

P.s im getting myself onto Dooyoo aswell!

david_hellier

gargrave50 wrote: »

Hi Nishka, isn't money magic?! Try a spending diary - we are. It is highlighting nicely just how much cash we fritter! Time for a change of habits I think.

Another way of using a spending diary is to allocate a weekly amount to yourself per week, from your budget after all essentials have been deducted. Using receipts, deduct as you spend through the week. Try to get to the end of the week leaving some over to carry forward to the next week. This has the effect of keeping your overdraft down and avoids overspend.