How much debt am i in ?

dancingfairy

You're on the way now- you've just stumbled across a lovely bunch of people (with the odd exception) who will help you get out of debt and will be there every step of the way with you. It seems the hardest part is facing up to it and realising you have a problem so well done. : hello:

LizD_2

waveydave wrote:

Cheers everyone

Was just about to do the experian one online when it mentioned you need to fill in your CC details - chance would be a fine thing lol

We have kept just about every letter we have recieved in the past 4 years - 2 drawers absolutely stacked full of them( with a good percentage being unopened ) so that should be a good place to start

will give me something to do tonight

Thanks again

You can cancel the Experian one before the free trial is up, they won't charge you anything.

Dolly_Smith

this sounds so like my situation - both in full time employment, earning well, racking up debt that was easy keep payments up per month. And then redundancy (for both of us), OH having to retrain, me having to temp for a year - just a couple of months and everything changes! That's why when you have money (and no debt) you should save it! Learned my lesson now

chevalier

Hi there
Well done for sorting through all those envelopes. There are other things you can do to increase your income eg
join https://www.quidco.com. It is a click through site. Even if you just to the price comparison ones it is about £1 a day. Not bad for a couple of minutes a day:rotfl:
have a look at https://www.freecycle.org next time you nee to buy something. People put all sorts of thing up on there, and they are FREE. Ie bikes, clothes, appliance, someone even mentioned that people have put up cars!
Are you getting all of your utilities, broadband, telephone, mobile, cable/sky. car, buildings, content, life insurance from the cheapest provider? If you have not changed provider in the last couple of years then you may be surprised at how much cheaper you could get these services. If you find the cheapest provider, then switch using quidco, you get cash back as well.
You may want to think about ebaying anything that is not nailed down (except OH and child of course:D ). This will give you a short term increase in income, which may get the worst debtors off your back.

best of luck
chev

the_taws_family_of_7

LizD wrote:

You can cancel the Experian one before the free trial is up, they won't charge you anything.

They dont even allow u to apply for the free trial without putting credit/debit card details in!Whats the point.Most people who want to know these things cant get either of the above.

southernscouser

the_taws_family_of_7 wrote:

They dont even allow u to apply for the free trial without putting credit/debit card details in!Whats the point.Most people who want to know these things cant get either of the above.

The idea is that you are signing up for a permanent thing. It just happens that the first month is free so before that month is up you cancel (after printing off your report) and you don't have to pay anything. £2 saved straight away!

waveydave

PHEEEEEEEEWWWWWWWW thatwas a long night lol

BUT all isnt as bad as first thought which is a relief.

Its still not goo dbut its more copeable now i know approx how much we owe and to who.

Ill do an SOA over the weekend but to summarise whole debt is approx 11k ( not inc. mortgage) and that is made up by 5 big bills over 1k with the rest ranging from cancelation of car insurance charges of £50 to old store cards which we owe 200 - 400 on.

Just as rough advice where is better to start- the bigger debts or the smaller ones? What i have noticed is none of them have percentage rates and the only reason they have gone up is due to being handed from one recovery agency to another and solicitors charges being added on - the majority of the debts are about 6 years old.

Cheers everyone - we both feel a bit happier this eve

waveydave

chevalier wrote:

Hi there
Well done for sorting through all those envelopes. There are other things you can do to increase your income eg
join https://www.quidco.com. It is a click through site. Even if you just to the price comparison ones it is about £1 a day. Not bad for a couple of minutes a day:rotfl:
have a look at https://www.freecycle.org next time you nee to buy something. People put all sorts of thing up on there, and they are FREE. Ie bikes, clothes, appliance, someone even mentioned that people have put up cars!
Are you getting all of your utilities, broadband, telephone, mobile, cable/sky. car, buildings, content, life insurance from the cheapest provider? If you have not changed provider in the last couple of years then you may be surprised at how much cheaper you could get these services. If you find the cheapest provider, then switch using quidco, you get cash back as well.
You may want to think about ebaying anything that is not nailed down (except OH and child of course:D ). This will give you a short term increase in income, which may get the worst debtors off your back.

best of luck
chev

Ta

registered on quidco last night and will be looking further into it over the weekend

Been a member of freecycle for a while but mainly use it to get rid of my junk lol though i did have a corking set of driveway gates from our local freecycle a few weeks back.

eBay - i allready sell a LOT on ebay - used to buy and sell cars and break them via ebay but although profit was being made it takes cash to keep on rebuying and i have the annoying "money burning a hole in my pocket" syndrome ( which has changed now lol) - at the mo im concentrating on selling my record collection and various bits and bobs we have in the house that we dont use any more - though the money from that is the money thatkeep sus going through the month so at the mo its not being used to reduce the debt

GOnna look into utilities providers over the coming weeks and see if i can save a bob or two so sure there will be questions about that shortly lol

ANyway - as zebedee once said " Boing boing, time for bed" SO cheers all and g'night

*zippy*

Hi

Just wanted to say well done. Doesn't it feel better when you know what you are facing and can start making a plan.

The rule is normally to start on the debts with the highest interest rates so it will be helpful if you can find these out.

The link below is for a snowball calculator, you can put in your debts and it will tell you which ones to pay off first and your debt free date, you will need those interest rates to use it though

http://www.whatsthecost.com/snowball.aspx

zippy x

roswell

waveydave wrote:

- the majority of the debts are about 6 years old.

Stop the bus, throw the anchors out ... slam on the breaks ....

Are any of them over 6 years old ?

And more to the point how clase to the 6years mark are they ?