Debt Free by 21 With SOA Including Help make sense pleasee :D

sweetipie92

I have asked them and they refuse

sweetipie92

Tommorow is going to be my first step in making a change!! i have all of the contact details for the creditors and ringing them all tommorow to start monhtly payment plans! first payments to be taken will be 25/5/12!!

glasgowsaver2011

sweetipie92 wrote: »

I have asked them and they refuse

Your parents refused to do that.

I can see why they would refuse

But I can also see why they would want to help.

At least this way you will be debt free in 18 months

sweetipie92

But when my insurance goes down i can pay more towards it and also dont forget im getting my admin fees back from harrington brookes in the region of £250 which can be shoved straight to wonga

TotallyBroke

Wow I have heard of tough love and making your children learn from their mistakes, but ........

Jenny0050

If I understand this correctly and if her SOA is correct, then for her '£100 a month rent money'

she is also getting included:

Council Tax
Gas, Electricity and Water
TV licence
Telephone landline and internet (??)

AND GROCERIES !! -as there is a '0' against all these- so I can only assume that they are included.

£100 a month- £25 a week- surely she eats more than this in food alone!!

If this is the case, I think her parents are helping her out a lot and we don't know their situation- maybe they can't afford to reduce her rent any further ??

I wish you all the luck sorting out your debts!

sweetipie92

Thank you jenny! Just to let you know i am a male just my last name is "Sweet" Hence sweetipie92 I think ill manage paying off my debts monthly without going into a DMP becuase i just want to know i am paying the creditors what i can afford with no middle man. Is there anywhere i can find template letters for monthly agreements

Jenny0050

Many apologies for referring to you as a 'she/her' !!

Please get your debts sorted out and back on your feet as soon as possible- for example, yesterday you initially thought you owed Wonga £400 but it later turned out to be £961. Do it now- otherwise I'm guessing they will continue to spiral out of control. It's great that you have taken the first step and are getting advice on this website....

I'm not an expert- just what I have learnt from reading this forum, and I'm sure others will be long to advise you better, but there are charities- such as the CCCS- that can help you with a DMP without 'paying a middle man'.

I wish you all the best!

sweetipie92

Problem is i want to be able to obtain small amounts of credit after paying off wonga.com so i can then start building my crediit rating up

ellesbellesxxx

Until you have paid off your current credit, please don't even think about getting any more!!!