Cannot Afford Loan Repayments

injaroc

I have heard people say Lidl apparently do good cheap disposable nappies (I have no idea personally I don't have kids) but could be worth trying them?

The Lidl ones were the ones I preferred to use for my DD (3 now) at the time they were about £5.50 for 50 ish nappies (depends on which size) even if you dont like them then you cant say you didnt try. Not sure on the price now but definately worth a look.

Rikki

RAS wrote: »

What is the house value?

The OP is renting.

Deep_In_Debt

Tixy wrote: »

Have you tried negotiating a rent reduction with your landlord? If there are lots of empty properties to rent nearby the landlord may be willing to accept a little less for a guaranteed tenant? Maybe ask for 10% reduction for 12months? (You could even point out that it woul be cheaper to get a mortgage).

I have heard people say Lidl apparently do good cheap disposable nappies (I have no idea personally I don't have kids) but could be worth trying them?

Is the £165 car - a car loan or car expenses? If a loan where is car insurance?
You need to split out your debts from the household expenses. If you need to pay less than the contracted payments to any debt then really should treat all unsecured creditors the same and offer them all a bit less rather than one a lot less.
Can you do a list of your debt balances, the monthly payments and the interest APR.

Sorry can't really help much but it's worth trying Lidl if you have one near you.

A couple of my colleagues buy nappies in Lidl and they say they are good quality and cheaply priced so it may be worth checking that out. I don't have babies or young children either so can't confirm.

CLAPTON

at the moment it looks like a very fine balance and any minor emergency is going to throw you into more debt

can your OH increase his income? ... maybe part time job?

I would also suggest you both start keeping a spending diary..i.e. write down everything down and see whether the figures are OK

gfplux

Hello nikki,
Well done for posting a SOA.
Are you sure grocery's £90 per month. That's about £22 a week!!!!

Start a spending diary TODAY to find out exactly where your money goes. That knowledge will shock you but also give you power. You only need a pen and a paper.


Good Luck

QueenBeruthiel

nikki, you don't need me to tell you that your budget is very tight! The good news is that your Virgin Finance should be paid off soon - freeing up £100 per month. Gas and electricity could probably be trimmed by a few quid a month - check out the comparison sites. Car insurance too: that is very high.
It's probably not worth buying reusable nappies, esp with winter coming on and drying being a problem. I'm told that Aldi's disposables are pretty good for about £5 for a week's worth.

It will get better.

Good luck.

nikki2804

Hi sorry the £2618 should be under savings.

My car insurance is high because my partners on it as a provisional driver and both me and my dad have a claim (the cars were stolen and is classed as "at fault" so I lost all my NCB)

£90 is about right for groceries but this includes stuff for lunches for OH (he seems to eat cheese like its going out of fashion and is a VERY picky eater!!) But also includes washing powder and bulk buys from Costco.

OH has applied for loads of jobs just now. The problem is that our weekends are on a rota so we need a nice employer who can kind of come and go with the shifts worked. But hes applied to McD's (24 hour one) so fingers crossed.