Diary - 41 and drowning in debt

too_much_debt

Thanks Purpleroses, will go and hunt out the thread in a minute.

too_much_debt

LeeSouthEast wrote: »

Congrats on your journey so far! You must be pleased

Thanks, yes I am pleased, on the one hand I'm sad that most of the money is gone, but it feels great that I have got rid of 4 cards and 4 lots of interest a month, it's great that I'll have more money from my Ebay sales to pay off MBNA, will ring them and see what my APR is as I'm not sure what it is.

too_much_debt

Paid £4,100+ off Nationwide so that is now clear. Is great to have 4 cards left (from 8), found out I am paying 23.9% to MBNA on £6.5K, hoping to get some balance transfer offers from any of the 4 cards I paid off.

Am doing the PAD challenge starting today, paid £10 off MBNA, all my PAD payments will be to this card.

Might look later for a credit card offer with 0% for longer than 6 months.

too_much_debt

Had interest added to Nationwide so just had to pay another £61.48 - shame!

PAD - £5 to MBNA

missmental

TMD,

Hope you don't mind, I've been reading you diary with interest. you started with about as much debt as me! Looks like you're off to a good start.

Good Luck with it all!

MM

too_much_debt

Hi MM

Thanks very much for replying. It's nice that someone is interested in my diary.

Good luck to you too paying off yours.

TMD

too_much_debt

Well, I am now back to being skint again, all my Endowment money has gone (apart from £500 I put in my ISA but want to try and forget that is there).

Just waiting for my car insurance to come out (stupid bloke didn't put the payment through properly last week so I rang up to find out why it hadn't come out of my bank and they had no record of it or of the discount he gave me, luckily though they agreed to give me the discount).

Have done some sorting out, taken a big box to the charity shop, they didn't want all the kids coat hangers I have so not sure what to do with them, have lots as I sell as a Business on Ebay so all my stock comes on coat hangers.

Also have a big box of stuff to get listed on Ebay so trying to work my way through that, my eldest two daughters are away at my parents until Sunday so hopefully can get some done in the evenings when DD3 is in bed, she's been ill the last few days so very clingy and wants you to sit with her all the time, unfortunately OH is back to work today after over a weeks holiday so I'll have to sit with her and watch some DVD's.

Anyway, am glad I paid off quite a chunk of my debt, hopefully the rest will be more manageable with only 4 statements coming in each month rather than 8, am doing the Payment a Day challenge so paying more off MBNA which is at 23.9%.

That is all for now.

TMD