Debt Advice?

santacruz_2

I'm writing this because I am TERRIBLE with money, finances..basically anything numerical I can't grasp or remember. So I'm asking for some advice off someone who is a bit more clued up than me.

I'll try and keep this simple.
Three/Four months ago I left home and moved to the city. I'd saved a small amount of money so it gave me a month to look for a job. I got a job temp after a month but had gone in to my HSBC overdraft because I hadn't budgeted for bills/food/travel etc

To cut a long story short, due to me not being paid correctly and me not being sensible I'm now £1900 in to my overdraft. My overdraft limit being £1750. I have a virgin credit card but there is zero on it and I haven't used it for about 8 months. My only debt is my overdraft.

My work contract is due to end soon so I can't rely on wage to clear it. I have NO MONEY. What is the best thing to do in a situation like this?

Thrugelmir

Go home and sort yourself out.

Lith

Thrugelmir wrote: »

Go home and sort yourself out.

Exactly,

santacruz wrote: »

I'm writing this because I am TERRIBLE with money, finances..basically anything numerical I can't grasp or remember. So I'm asking for some advice off someone who is a bit more clued up than me.

I'll try and keep this simple.
Three/Four months ago I left home and moved to the city. I'd saved a small amount of money so it gave me a month to look for a job. I got a job temp after a month but had gone in to my HSBC overdraft because I hadn't budgeted for bills/food/travel etc

To cut a long story short, due to me not being paid correctly and me not being sensible I'm now £1900 in to my overdraft. My overdraft limit being £1750. I have a virgin credit card but there is zero on it and I haven't used it for about 8 months. My only debt is my overdraft.

My work contract is due to end soon so I can't rely on wage to clear it. I have NO MONEY. What is the best thing to do in a situation like this?

Should of got an account with NO OVERDRAFT AND NO CREDIT CARD

if your terrible with money, then why bother to apply for these services?

to be honest you deserve being in debt...

Go home and sort yourself out.


L~

DCFC79

Look for another job either temporary or permanent, can you not talk to your bank about it but first maybe cut your bills down

santacruz_2

Lith wrote: »

Exactly,




Should of got an account with NO OVERDRAFT AND NO CREDIT CARD

if your terrible with money, then why bother to apply for these services?

to be honest you deserve being in debt...

Go home and sort yourself out.


L~

Cheers for that!
I DON'T USE MY CREDIT CARD, there's nothing on it.
I'm only in my overdraft (which I've had for years) for the first time because I under-estimated bills/food/travel to work etc and I've been paid incorrectly.

I didn't ask to be put down by a keyboard warrior, more if there was a 'cheaper way' of having the debt. Like Martin advises people to swap and change.

Meanwhile hope you feel a bit of power/release/happiness from your !!!!!! post to a stranger on the internet. Maybe it'll
put the strain off the people around you. (if there are any)

Lith

santacruz wrote: »

Cheers for that!
I DON'T USE MY CREDIT CARD, there's nothing on it.
I'm only in my overdraft (which I've had for years) for the first time because I under-estimated bills/food/travel to work etc and I've been paid incorrectly.

I didn't ask to be put down by a keyboard warrior, more if there was a 'cheaper way' of having the debt. Like Martin advises people to swap and change.

Meanwhile hope you feel a bit of power/release/happiness from your !!!!!! post to a stranger on the internet. Maybe it'll
put the strain off the people around you. (if there are any)

Thank's for that, see you in a bit yea? keyboard warrior? hardly.... and put down? oh so ok.. its me you attack but not the other one who also said sort your self out? 'ironic' isn't it?

feel power happiness release? wah? because i replied to you? 0_o don't make me laugh.

you admit it ya self NOT GOOD WITH MONEY so why get an overdraft and a credit card? oh dear indeed.

like i said and Thrugelmir said, sort your self out.

My post wasn't meant to be an attack but if you see it that way then boo hoo 'rolls eyes' grow up.

don't worry you'll get help....

pqrdef

Your bank will be screwing you with charges, so you need to find a cheaper way of borrowing while you've still got a credit rating. The Virgin website will tell you if they've currently got a 0% BT offer for you. If not, you can always ask. Or, if the bank thinks you're good for a £1750 overdraft, maybe they'll do you a personal loan. Don't mention the work running out.

Protect your credit religiously. Starve before you make a payment a day late. Especially if you get a Virgin BT. Expect no mercy.

If you have to make debt repayments out of Jobseekers, it won't be any fun, but people have survived on a bowl of rice a day. Sorry, but there's no free money, so you'll have to work out a budget and stick to it and ditch all excuses, especially the one about being terrible with money.

YorkshireBoy

pqrdef wrote: »

...while you've still got a credit rating.

OP is current sat in unauthorised overdraft territory to the tune of £150. This will be reported to the CRAs so needs addressing urgently. A money transfer on the Virgin card would be ideal, but even getting a cash advance on the Virgin card may be better than the current situation!

jen245

Cant you do a super balance transfer from your Virign card into your bank account? I used to have a Virgin card, and seem to remember being able to do this. Maybe contact them and see if they have any 0% offers on your account. If they allow this, transfer your overdraft debt to your credit card, cut the card up so you are only paying of the balance, and get your bank to remove the overdraft