£1 loan payments, orangutans and learning it doesn't all happen overnight...

**Kat**_2

Is your od fund like savings you would use as an overdraft in emergancies or is it to pay off an overdraft? I'm a bit confused but also can't wait for the day I too can say I will never have o/d charges again - must be a relief

Kepp

Thanks guys!

Hi Kat, it's to save to pay back an o/d. I had 3 and then got a loan which I used to pay off 2 of them and my CCs. I've kept 1 o/d that's on a separate bank account as it's on 0% until Aug 11, so I'm trying to save up to pay that back when that runs out but then also I have the savings to act as an emergency fund in the meantime as well if that makes sense.

**Kat**_2

Sounds like what our fund is for, it is primarilly to pay of the o/d (reserve) but it's there as an emergancy fund in the meantime - just wish mine was 0% too :rotfl:

LittleMoog

Oh no Kat! the Barclays reserves are a nightmare. They snuck them onto both of our accounts (this was pre-LBM) and then we were stuck with them for over a year, costing about £200 a month in charges. It was completely ridiculous, and they wouldn't agree to extend overdrafts to cover them etc :mad: They were the first thing I sorted out post-LBM as they were taking all our spare money, and some that wasn't really spare at all! Hope you get it paid off ASAP.

Woowoo

Morning Bec's

I'm in a grump as just realised I have a 2 hour health & safety meeting this morning, I just sit there until the end when I get asked if there are any comments from the office, which there never is! Such a boring bloody waste of my time grrr!

EB69

Office meetings = pain in the *&%$. And they stop you being able to MSE... :-)

Kepp

I don't understand what the barclay's reserve is?

Oh no Woo, I hate meetings like that - they seem designed just to waste time and I struggle to stay awake!

I'm grumpy too as my Lloyds internet banking isn't working - won't let me log-on

Kepp

Finally into Lloyds! A whole £1 into the o/d fund

Woowoo

I escaped early

I couldn't get onto Lloyds earlier either but it's working fine now!

amber03

I am a recent convert to on line banking and find it really useful, since i don't have much money in my accounts anybody who would hack into it would think " well that was a waste of time", just tried to register my credit card so i can manage that on line but having trouble registering it, think it's because my mum had a weird maiden name that is hard to spell , when i rang the bank last week over a query regarding my credit card it took ages to get through just because of the spelling of her surname, wish it was something like smith. Now i will have to ring up again which will cost me money.

Had a nice surprise from the tax office this money a cheque for £62 of overpaid tax can't believe it cheque in the bank tomorra and payment made off my m&s card.:D