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My Debt
SuperSy_3
Posts: 3 Newbie
1Howdy,
I've been meaning to take a more pro-active approach to my debt for a while, I've started today!
I've written down my debts and they total 10k. I will write an SOA when I next get a chance to sit down at a pc.
I have an overdraft of 2500 with BoS and am opening a new account with RBS. I'm charged £1 a day for that use and its at its limit. Once I have changed over banks I will write to BoS to discuss my debt with them. Have the set.a precident previously with how the deal with people that can't pay (I have and can pay but I cannot afford anything extra that will actually bring the overdraft down!)
Healthy Regards
I've been meaning to take a more pro-active approach to my debt for a while, I've started today!
I've written down my debts and they total 10k. I will write an SOA when I next get a chance to sit down at a pc.
I have an overdraft of 2500 with BoS and am opening a new account with RBS. I'm charged £1 a day for that use and its at its limit. Once I have changed over banks I will write to BoS to discuss my debt with them. Have the set.a precident previously with how the deal with people that can't pay (I have and can pay but I cannot afford anything extra that will actually bring the overdraft down!)
Healthy Regards
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Comments
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Looking forward to seeing your SOA.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Hello supersy and welcome to MSE - you have done the right thing in opening another bank account away from your overdraft, this will protect your income and put you back in control. Just to make sure, can I check if you have any debt linked to your new bank RBoS, like Nat West, etc as you do need to make sure that your income goes into an account that is totally unlinked to any bank associated to your creditors
You can check if your bank is linked on http://www.moneysavingexpert.com/savings/safe-savings#whatcounts
As Beanie says, it would be good to see your SOA (Statement of Account) as that would help anyone when giving you advice - it is always best to see the whole picture and others may advise in other areas of your budget which may help you along the way
You can complete your SOA on http://www.makesenseofcards.com/soacalc.html and post it on here your thread
Mr 3Dogs 3-7-12 3Dogs'Mam 31-3-13
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