new to site

cmorlife

Hiya,

Just want to say this is a great site, i think iv been reading it for about 3hrs!
Yes i too want to get out of debt asap, iv just asked the cccs to contact me with hopes of helping me get out of this sticky situation. So here is a list of my debts.

Car Finance £9879.50 £226.50
Barclays Loan £7289.31 £150.00
Provident Credit £1783 £17.
Virgin Credit Card £1806 £40
First National Bank £800 £20
Robinson Way(ccj) £546 £40
HSBC loan £480 £20
Princes Trust £480 £20
N Power £258 £30
Advantis Credit £265 £25
Citi Cards £225 £20

Rent £275
Council Tax £40
Gas £20
Electric £20
Telewest (broadband/phone/tv £17.50
Water £20
Mobile £10
Food etc £100
Petrol etc £100

Now i know exactly how much i owe every one, phase 2 is to look for extra incomes. So it being a sunday and not much else on im going hunting for things to sell on ebay & car boot. Iv done letters to my banks & credit cards to try and claim back some charges, (in post tommorrow) Think of ways to earn extra Cash:o
Any help gratefully recieved. Credit rating all time low, swapping to 0%, consolidation etc, not an option.

Browntoa

so do your outgoings exceed your imcomings ??, you having listed your earnings

MinnieSpender

Welcome cmorlife. Agree with Browntoa - could you post your incomings as well as outgoings? Then the good folk on here will set to work on your budget!

cmorlife

Minimum is £1000 income, im an estate agent so if i sell more house i get a bit more ( not much).
to save you addin up expenses £1208.50.

Browntoa

sorry, looking agin they will need a breakdown of the bit you call Rent and household bills...ie

rent
electric
gas

Sky TV ???

Telephone??

mobile??

cmorlife

have updated original

moozie_2

Welcome cmorlife

Let me see....

cmorlife wrote:

Debts
Car Finance £9879.50 £226.50
Barclays Loan £7289.31 £150.00
Provident Credit £1783 £17.
Virgin Credit Card £1806 £40
First National Bank £800 £20
Robinson Way(ccj) £546 £40
HSBC loan £480 £20
Princes Trust £480 £20
N Power £258 £30
Advantis Credit £265 £25
Citi Cards £225 £20
Total per month £608.50

Living expenses
Rent £275
Council Tax £40
Gas £20 Seems like you're sharing. Depending on size of property, this could be lowered.
Electric £20 Ditto
Telewest (broadband/phone/tv £17.50 Is this your half or total charge?
Water £20 Ditto gas/elec
Mobile £10
Food etc £100
Petrol etc £100 What about MOT/service/tax/insurance?
Total per month £602.50

It seems that your total outgoings per month are £1,211 while your income is £1,000. You could make some changes to your living expenses but I am not sure it will generate another £211 per month.

Selling things on ebay/amazon will generate some income but it probably won't be sustainable month on month.

Have you considered taking on another job? I assume selling your car would be difficult seein as you'd need it for work.

I am sure CCCS will be able to come up with better suggestions. Hang in there, it gets harder before it gets easier but things will get better.

cmorlife

Hi,

My oh "feels the cold" & needs about 3 lights on too see properly, but i have mentioned to him some money saving ideas, so see how it pans out.
£100 petrol etc includes tax, mot & insurance.
It was actually payplan not CCCs having a blond moment i think, But spoke to them last night, very nice & helpful. They are going to try and cut my unsecured credit payments down to £100 which will definately make life a bit easier.
I do kleeneze as well, but as i previously messed up my credit with them (managed to pay them off in april) im now cash with order and finding difficultly finding cash to put order on, for some strange reason

anyway im hoping when the payplan kicks in i can start marching forward with that. Until then its ebay and car boot this sunday, weather permitting!
Thanks for everyones advice, will keep you posted

Sallys_Savings

If you're after a small part time job to supplement your income for a while take a look on the mortgage free wannabe board..there is a sticky there called...."a bit on the side". Theres lots of ideas of part time jobs.

Good luck!!

cmorlife

Got up at ungodly hour of 6am, Went to car boot sale, I made £25, OH made £40, I did however spend a little as well, not organised enough to take food so shared chips with oh and brought a can of coke total cost £1.20 i also bought a book for 30p and one of those piggy bank type (terramundi???)things that you have to smash to get your money out for 50p!!!! (i wanted one of these any way to help save) and £3 to get in. Have to say i thought it was a bargain & £7 has gone into it already, need the rest till last me till payday (thurs). Well im off to bake a cake now as oh's family popping round later for a visit (OH wanted to stop at coop on way home to buy one!). Better get my whisk out!!