Debt free by Summer 2012 (if not sooner!)

rachelww1

Woowoo wrote: »

I have one card with Lloyds, but the account is already closed - so not sure if they could change my payment arrangements or not?

Don't mean to worry you, but my MBNA card has been closed for over a year. I didn't have a choice if my payments changed, they just wrote to me and said they were doing it.

Woowoo

rachelww1 wrote: »

Don't mean to worry you, but my MBNA card has been closed for over a year. I didn't have a choice if my payments changed, they just wrote to me and said they were doing it.

Ahhhhhh :eek:

Still, at least it would force me to pay over the minimum and thus clear it quicker. Luckily I could afford to do double if I had to, so will look on the sunny side of things if and when it happens!

DebtFree2012

Good plan Woo! I have given it more thought and am pleased (as long as no more hikes) that I am being forced to pay more. You always seem to find it from soemwhere - hvae been in some sticky situations before and making sure i come out the other side. Roll on DF days!

Well this weekend was over in a blink of an eye. The good thing is I managed to get batch cooking done and have menu planned up until pay day plus arranged for delivery on Tuesday that will see me through til then and was £45 so not too bad.

Going to check accounts now. I wonder if someone's paid my debts off for me....imagine that.

x x x

**Kat**_2

I'm sure they want more people to default! Some people really can't afford that - glad I don't have CC debt now and my loan, although harder to overpay on, is a signed contract including number of months to pay it off!

Really feel for you guys and I hope it doesn't sc*w you over too much!

DebtFree2012

It's shocking of then isn't it - this time last year, maybe 18 months ago, there is no way I could have afforded that. It's only as I got my reserve sorted and managed to clear OD so that those payments can now go to debt. If that hadn't have happened I'd be up you know where.

x x

DebtFree2012

OMG I had closed my Next account and was just paying the balance off and I log in today and they have given me nearly 2 k credit limit! That's shocking - they did this before and because I didn't follow it up I ended up spending on it again hence the new balance I am paying off! So annoyed.

Can't call them yet either - WHY don't people let you close accounts when you ask or things like this.

Woowoo

They did the same to me last month DF, I reduced my limit to £100 didn't touch it for a year - ordered a new dress for a wedding last month and all of a sudden my limit was put back up to £2k!

I also sent the dress back in case you were wondering!

DebtFree2012

hahaha well done woo! I am going to call them at lunch time. Will let you know what their excuse is.

I have done futher calculations and if I pay off what I can afford this year all I will have cleared is 16.8% yet I will have paid SO much more. I hate interest! and see as I can't get a 0% card for love nor money I am stuck with it.

x x x

Woowoo

I can't get a 0% either, have given up trying as I am damaging my rating even more by keep applying!

DebtFree2012

Ditto - my exact same thoughts.