Spendaholics - BBC3 now.

raq

" your awful muriel" tee hee )

raq

me 2. had credit at 26 and that was tiny

raq

mizmir wrote:

Was anyone else shouting at the telly??! An attic full of unworn clothes. 30 pairs of shoes, half not her size. Designer jewellery and makeup.
And noone suggested ebay???! :eek:

When am completely broke for the month I have a good look in the attic and at the clothes we no longer wear. Done a bootsale week before christmas and made £100.00 from this lot. I was so pleased as I was selling some smart gear.

raq

Bargain_Rzl wrote:

There was no mention of the fact that she would probably be able to claim back the bank charges that made up £10k of her debt!

And when they tried her on the cheap makeup and then asked her whether to swap back the pricey stuff, they only gave her those two options. Cheap stuff or pricey stuff. No option 3 - yes I'll have the pricey stuff back please, use both, and when they've all run out I'll buy the cheap stuff?...

I was also thinking the same with the bank charges. Suppose they woudn't what with everything in the press over the last month.

scootw1

Bank charges - sounds to me as if the BBC didnt want to get into trouble for mentioning it. It should be exposed though

Mc4ndy

I don't really understand the bank charge claims. Why shouldn't people who are consistently bouncing cheques, borrowing over the limit that was agreed etc be charged. Maybe the charges are excessive but this must be to act as a deterrant over anything else. The banks won't lose out, so if they can't charge than it's reflected in the rates meaning everyone pays.

If the idea of programmes like this is to make people more financially responsible then allowing people to claim back charges when they haven't been responsible, and writing off the debt without conflict is hardly going to help.

scootw1

Mc4ndy wrote:

I don't really understand the bank charge claims. Why shouldn't people who are consistently bouncing cheques, borrowing over the limit that was agreed etc be charged. Maybe the charges are excessive but this must be to act as a deterrant over anything else. The banks won't lose out, so if they can't charge than it's reflected in the rates meaning everyone pays.

If the idea of programmes like this is to make people more financially responsible then allowing people to claim back charges when they haven't been responsible, and writing off the debt without conflict is hardly going to help.

I think the problem is not the charges but the amount of the charges. yes, you should pay a penalty but not the amounts they impose

Mc4ndy

Her bank were writing to her constantly, and trying to phone her (she cancelled the call when Halifax tried to phone her). She ignored all the letters they sent. She was spending more than she earned. She was bouncing cheques on her account still with complete ignorance to charges and interest.
To then turn around and say I want all this money back? Some of it maybe, but not every last penny.

scootw1

Mc4ndy wrote:

Her bank were writing to her constantly, and trying to phone her (she cancelled the call when Halifax tried to phone her). She ignored all the letters they sent. She was spending more than she earned. She was bouncing cheques on her account still with complete ignorance to charges and interest.
To then turn around and say I want all this money back? Some of it maybe, but not every last penny.

yes, that's what I was saying (in a roundabout way).

When you put it like that, it sounds much worse (and of course is exactly what she was doing, whether maliciously or not)

Nix143

I think the scariest thing for me was that at no point did it look like she had had her 'lightbulb' moment. I kept screaming at the telly 'SHE HASN'T GOT IT YET!' my nipper thought I was going mental

But like so many on here I firmly believe that without that moment when you realise and decide to do something yourself that will change your habits then nothing ever really changes. I know it was an over simplified ending with the settlement figure mentioned but I just don't think there was any evidence that she had changed her ways and was a true debt free wannabe. I'm assuming that her credit rating will be shot to hell after the settlement and that it would be harder for her to generate more debt - but we all know tht someone somewhere will always lend you something - and I am really uncertain whether she would just go back into that debt cycle again



And I agree with the OP about the make up - course I'd want my old stuff back, sheesh!