Angry With Payplan

CLAPTON

re arranging a little it looks like this

income 1500
spending ('normal') 749 (i.e. before debt repayments)
so available for debts 751

actual debts payments 508

so this leaves about £ 243 unaccounted for

possibilities:

a. income : you say you dont get sick or holiday pay....can you find out your average income over the last six months or so?maybe you are not averaging 1,500

b. spending diary will help massively in finding out where money actually goes...supermarket spending often surprises people (they spend far more than they think): you have nothing in for car tax, do you buy any clothes, magazines, haircuts, any presents or xmas spending,contact lens, dental costs.


Overdraft : how big is the over draft (you should include it in your list of debts), are you incurring charges and what is the interest rate.....if the APR is higher than the cahoot loan can you transfer the overdraft to the loan (but don't build it up again )

Income: is it possible to get a second job...parttime in the evening or weekend