Debt-free wannabe newbie checking in for advice

OldStreetBum

Just got off the phone to Wonga and have sorted out a payment plan for them as well which is well within what I was expecting to pay.

Bar one or two hiccups so far everything is going okay!

asparagus1968

crikey,well done you!
you are really tackling this,good luck to you.

OldStreetBum

Not out of the woods yet and this month will be quite precarious indeed but if I can get to 28th of June unscathed I'll be cracking open a bottle of Dad's home made Cider (part of my new cost effective lifestyle ).

Okay Uncle Buck have called saying they accidentally pulled out the full £520 instead of the £262 they were going to take out and are offering to refund me £262. Should I take it or would it be better to get rid of Uncle Buck this month?

EDIT: Also ZOPA got back to me and they've offered me a cut in my repayments to £13 a month until 28th October!!! Result!

joedenise

If you can manage OK without getting the money back then just get rid but if it's going to cause you problems get it back.

Denise

fantastiyk

Hi OSB,
Just want to add my congratulations to how well you're doing. You're really tackling this head on. Good luck

cats2012

Adding my congratulations too - this is a real inspiration!!

Takeaway_Addict

Whilst clearing the debt would be great you still have to be able to get through this month without borrowing the money again, if you can do this whilst paying UncleBuck back then do so, if not then accept their offer for a refund.

jamesd

OldStreetBum wrote: »

Not out of the woods yet and this month will be quite precarious indeed but if I can get to 28th of June unscathed I'll be cracking open a bottle of Dad's home made Cider (part of my new cost effective lifestyle ).

Good idea! This month end was probably the toughest one in getting back on track. After next with less in the way of payday money coming out it should be a lot easier.

OldStreetBum wrote: »

Okay Uncle Buck have called saying they accidentally pulled out the full £520 instead of the £262 they were going to take out and are offering to refund me £262. Should I take it or would it be better to get rid of Uncle Buck this month?

You still are wondering about the end of next month being OK so take the money back and thank them for taking care of the problem. Beats not having the money when you need it. But say if they are charging you significant interest for this, I think not.

OldStreetBum wrote: »

EDIT: Also ZOPA got back to me and they've offered me a cut in my repayments to £13 a month until 28th October!!! Result!

Excellent! Glad they are playing ball in helping things get back on track and not being too tight on the timing.

OldStreetBum

Got ahold of Uncle Buck and they've refunded me the £262. Thought it'd be wise not to take the chance and in any case I'll have them paid off next month

jamesd

Good that they turned out to be as ethical as they initially appeared to be.

Please let us know how it goes once all of the end/start of the month things have happened. Hopefully it'll go fine.