Going to sort it!

Hobsch

A great find this site and very happy that I can say what Debt I am in and it feels good.

So I am just copying other people and listing my debt. A few months ago everything was out of hand and I had over £34K of debt. I have set up a Payplan repayment plan and am pay £486.89 per month.

At this precise time I have £32,712.36 of debt and a Debt Free date of November 2011. I am keen to clear this sooner if at all possible.

This amount does not include this months payment so I will soon have it lower.

Just like to say its comforting to read everybody's experiences and to know I am not alone, and to gain advice from you all. Thanks for that and allowing me to share my debt. I will keep updating this and hopefully it will help me get out of debt quicker.

kathfisch

Welcome to MSE :T

And well done for doing something about your debts :beer:

You'll find lots of advice and support on these boards. Perhaps you want to post your Statement of Affairs at some point and we can suggest any ways to save money we can see.

We're a non-judgemental lot, you'll hopefully have noticed!

Hobsch

Many thanks.
I will post an update of my SOA.

Just working on clearing some stuff to go on ebay and bring in some extra cash.

oops_a_daisy

Hi there Hobsch and welcome to the DFWannabees. Good luck in sorting out your debts

Hobsch

Thank you oops a daisy. Its great to know people are supportive.

I feel much better after visiting here today already.

tesuhoha

Well done. Its good to see the debt going down isnt it? youll soon be under £30,000 and thats a massive milestone

Hobsch

I cannot wait. I am such a stupid prat for getting into this situation and it all stemmed from a Barclaycard just just 3 years ago.

The £30K mark is going to be great to break. If I stick to the plan I will be at £28,817.24 by the end of the year.

Ok - some advice needed - considering the amounts below I have an extra £20 odd this month so far from some money owed to me - would you suggest trying to get rid of my 02 creditor (£27.77) or use it against one of the bigger debts.

oops_a_daisy

probably would be best paying off one of the higher interest cards first but for a feel good factor and to pay off one of your debts pay off the O2 one.
Have you had any bank or credit card charges ? if so have you looked into claiming them back ?

tesuhoha

Personally I like to get rid of all the fiddly debts first. Other people might say pay it off the debt with the highest APR but I think it might be be better just to rid yourself of the 02 debt and be done with it.

Hobsch

I am on a repayment plan with Payplan so interest charges have been frozen on everything now except the Barclays Overdraft.
Therefore I think I will try to get rid of the 02 bill as you suggest. Its then 8 creditors instead of 9 and although its only psychological its one less and an 'achievement'.

tesuhoha

So maybe yu could target the payday uk one next, as thats only £150