Card versus cash debt free diary

Tixy

The regular egg card also allows super balance transfers from it.

But if you've run up the overdraft again in the past maybe it isn't the right plan for you. Did you not cancel the OD once you'd done the BT? Or did you cancel it for a while and then ask for it again? Its just that at the moment its your most expensive debt in terms of APR. And if you use it all every month as revolving credit then the amount of interest really does add up over time.

Do you know what the BC rate will be after the 0% period?

chelldavies

Changing the subject slightly but :eek: at your income, my DH works F/T and me P/T and we don't have this income!
Seem's he's no longer useful for bringing home the bacon and perhaps I need to kick him to the kerb :rotfl:

moneysavermum_2

chelldavies wrote: »

Changing the subject slightly but :eek: at your income, my DH works F/T and me P/T and we don't have this income!
Seem's he's no longer useful for bringing home the bacon and perhaps I need to kick him to the kerb :rotfl:

lol thats what I did :rotfl:but wouldnt advise it!!!! really hard earning a living...coming home cleaning, cooking and doing everything on your own.

Considering I have so much coming in you wouldnt guess. We live a modest life.

moneysavermum_2

Tixy wrote: »

The regular egg card also allows super balance transfers from it.(didnt know that, thought it was just the egg money)

But if you've run up the overdraft again in the past maybe it isn't the right plan for you. Did you not cancel the OD once you'd done the BT?( i reduced it but with xmas and car service etc and car insurance it was back up again) Or did you cancel it for a while and then ask for it again? Its just that at the moment its your most expensive debt in terms of APR. And if you use it all every month as revolving credit then the amount of interest really does add up over time.

I have a £3000 creditlimit on my overdraft i reduce the £2000 when wages go in and then again when tax credit goes in towards end of month. Csa goes in weekly 120 week.

So why am I always skint. I dont go out at all apart form work, dont do unnecessary journeys in car, shop weekly at tescos, collect tesco clubcard points for rac.....but still skint.

Do you know what the BC rate will be after the 0% period?19.9%

chelldavies

"lol thats what I did but wouldnt advise it!!!! really hard earning a living...coming home cleaning, cooking and doing everything on your own."

Glad you took it in the light hearted manner in which it was mean't
but other than decorating (which has it's own consequences!) I do do just about everything on my own :rotfl:

Sorry I've not added anything constructive but hope you get everything sorted

moneysavermum_2

chelldavies wrote: »

"lol thats what I did but wouldnt advise it!!!! really hard earning a living...coming home cleaning, cooking and doing everything on your own."

Glad you took it in the light hearted manner in which it was mean't
but other than decorating (which has it's own consequences!) I do do just about everything on my own :rotfl:

Sorry I've not added anything constructive but hope you get everything sorted

lol its good to laugh but oh what a mess im in.....feel so fed up with it all.....just rang eg up and my credit balance is 9000:eek: and 5000 on my barclaycard:eek:this card is 0% till sept 12, i could never use these as would never be able to pay them back.

I could put my overdraft/ bank loan onto the egg card at 0% till april 2011.

would you put the other o% barclaycard balance on of 1270 onto it too. That would mean I would have a credit card balance of £4500:eek:never ever thought i would ever have that much on a creditcard.

moneysavermum_2

I have moved my bankloan and overdraft to 0% but realise if i am not goign to increase this debt and get rid of it I have to do something different. In the past I have done alot of impulse buying off the grabbit board, not meal planned, not wrote a list for shopping and bought wants not needs all of the time. So I am going to change get the cash out of the bank and buy food/diesel with it and any left over will be extras or for clothes.