My SOA

malvena_2

Well I finally completed my S O A and thought I would put in a :eek: even though I feel more :eek: :eek: :eek: :eek: :eek:

It's shocking seeing the figures. I knew it was bad but this. I'm just glad I found this site and got my stupid head out of the sand. The monthly figs are as follows.

Incoming 1247.00

Outgoings
Mortgage 355.81
loan 455.96
Gas 16.60
electricity 29.00
petrol 30.00
car tax 16.00
mot 3.30
phone mobile 10.00 payg
landline 8.00
internet 14.99
friends of the earth subs 5.00
council tax 55.00
house ins b & c 18.41
life ins 25.23 covers mortgage
food 80.00
b/days and xmas 15.00
tv licence 10.99

total 1149

leaves 98.00 to pay cc bill

mbna balance 221.00 19.9% limit 700.00
sainsburys cc 2188.00 19.95% limit 2500.00
barclaycard 4600.00 19.9% limit 5300.00
egg 3968.00 21.90% limit 4750.00

I have recently applied for a 0% for 9month card to transfer balances but i think it will be a no as i was turned down for another one.

I have started to look at changing gas/electric etc, but any advice would be welcomed.

Thanks in advance

Malvena

leon103

Welcome and well done on posting.

First thing to go is friends of the earth subs 5.00

Also whats the APR on the loan and the time left?

James&Shell

Cant you cancel you charity donation?

Some power suppliers offer big discounts for taking two ervices and paying by direc debit,

I was in sainsburys he otherday and they had ome good offers and you got necter poins to .

And powergen give tesco clubcard points.

Good luck and i hope it all goes well for you.

Why dont you give payplan a call hey hould be able to sort them all in to one reduced payment for you.

malvena_2

Thanks guys.

The loan apr is 11.9% and it finishes feb 2011

tyllwyd

It's that loan that is crippling you financially. Is there anything you can do to reduce the payments - have you got anything you can sell to pay any of it off early?

Mics_chick

Do you live on your own? Could you get a single person discount for council tax?

Don't mean to be cheeky but what is balance of your loan?

malvena_2

I do live alone so i already get a reduced rate on my council tax.

I have a pile of books to put on amazon and a few bits to sell on ebay. I have also started to do some work from home but cannot get a second job because my shift pattern is completely erratic (unfortunately).

I have also signed up to quidoco, pigsback and greasy palm.

its not cheeky mics-chick. the loan balance is 23709.00

Penny-Pincher!!

Could you get a lodger?

PP
xx

malvena_2

I have given that some serious thought penny pincher.

I suppose i will need to lose the :mad: attitude in a morning.:rotfl:

Just need to get the spare room sorted

vivaladiva

It's not going to help to find you more money but have a good look at your mbna card. Is you monthly payment ridiculously low? You may find that your payments are barely covering the interest.
Can't offer any advice other than to sell stuff on Ebay/Amazon and chisel away at the cards as much as you can and get yourself into a better bargaining position.

malvena_2

Thanks bizzimum

I pay more than the minimum on that one. I think it will give me a lift just to be rid of one debt soon even if its only a little one:j