Will it ever get better....

redpete

charlieangelbits wrote: »

Money doesnt make me happy, being alive does and whilst I am alive I will spend my money on making it a great one.

Spending £3000 of someone else's money has also helped.

Will I ever be able to get a credit card that will actually benefit me?

The ones you have now have helped you enjoy life and pay some vet bills.

A plea..to those in the know...what next????

Maybe wait until the default drops off, you'll have another few months at the same address, so worth trying your bank again.

Also, remember that the lender does not use the score from the credit rating agencies. They use the source information and make a judgement on that and other data according to criteria that are specific to each lender.

lisyloo

Some people can be a bit judgmental at times.
I would suggest you ignore those, there really is no need to give your life history.
If I ask questions that I think may be a little sensitive I try to explain the financial related reason up front - but I get it wrong sometimes whilst being well motivated.

Write down everything you spend - we call it an SOA (statement of affairs) this is the only way other people can understand exactly what is going on and help you.
I agree that friends and family are more important than numbers.

However I would say the people who are allowed to be judgmental are the ones deciding whether to lend you any money. Credit is not a right an lenders do it for profit. If they don't like your behaviour then they are entitled not to lend. If it was your money you'd expect to have Carte Blanche over the decision wouldn't you? Same as if you were havign a private party, it's up to you whom you invite and whom you exclude.
They are not judging your lifestyle in a moralistic way, but judging your spending behaviour and how that relates to their risk/return in order to make profit, so don't take it personally.

FWIW - I think your attitude to money is pretty healthy.
Personally I don't like being in debt because I worry about the risks of accidet/sickness/redundancy whereas many people jsut assume future income will comtinue to flow. Debt is also quite expensive. There are many good reasons for LBYM (living below your means). I have been recently reviewing my pensions and good pensions require 20-40% of income !!!! yes shocking but they have become more expensive to provide in recent years with increases in longevity, inflation and decreases in returns.
Just some things to consider.

Good luck with it, I'm sure you'll do well. Yes it will get better, it's a question of balancing how quickly you want that to happen vs your lifestyle and happiness. You are right it's not a dress rehersal and you can't take it with you.

Hooloovoo

charlieangelbits wrote: »

I would prefer not to have to tell you my life story to understand why bigger and better lending credit cards are not coming my way....which was the basis of the question.

Ah, I see! Now I understand. You want people to give you advice about why banks are rejecting your applications for credit, and to make suggestions about what to try next, but you don't want to give any of your financial background.

My mistake. I'll leave the thread to the other members who have better psychic ability.

Lucifa42

charlieangelbits wrote: »

Instead I get abuse for earning a good wage and having small amounts of debt....
Based on everyones input I guess its my own fault!!!! Back to the drawing board then...er..thanks?!?!

Yep, welcome to the new look MSE forum, where all the helpful people giving solid non-judgemental advice have been driven off by abusive victim blamers.
It's very unfortunate that what was once such a good place to come for advice has turned into the comments section of the Daily [STRIKE]Hate[/STRIKE] Mail.

redpete

Lucifa42 wrote: »

Yep, welcome to the new look MSE forum, where all the helpful people giving solid non-judgemental advice have been driven off by abusive victim blamers.

and by newcomers who get abusive when the advice they receive isn't what they wanted before they asked the question.

katejo

charlieangelbits wrote: »

Well in that case you read it wrong, but unlike Clapton who was helpful at the same time your response sounded judgemental and somewhat critical. I thought this site was for sharing, advising and helping those who need some guidance.

Not everyone can be as savvy as you and clearly you are. Congratulations. I am genuinely pleased for you.

Me on the other hand am quite 'free' with my money. I had a real tough upbringing and there was never any money around. I shared everything with my 5 siblings and mother worked her butt off to make sure we didnt go without. My father was a waste of space but I still love him.

I have a good work ethic, do not waste money on stupid things but I dont think twice about buying what I want when I want it (providing its affordable) and I dont think twice about helping others out who are less fortunate (my biggest downfall). So if you are quite finished being critical of someone you nothing about it I would prefer not to have to tell you my life story to understand why bigger and better lending credit cards are not coming my way....which was the basis of the question.

If I put my mind to it and save I could pay the debt very quickly but if that means not travelling the 100 miles plus every week to visit my family, or not visiting friends in far flung places, missing out on nights out with people who I love and care about you can think again. If I got run over by a bus tomorrow I think the 3k debt I am in would be the last of my concerns. Having thousands in the bank is great, having a solid and secure roof over my head is also a requirement but being happy is my ultimate goal, the 3k is a tickling hair. Money doesnt make me happy, being alive does and whilst I am alive I will spend my money on making it a great one.

Thanks for your input though x :beer:

In my case, having 3K debt and then having an accident which prevented me paying it off, would really stress me out. I make sure that I have no debts at all other than the mortgage just in case something might happen to me. I really can't spend money which I don't have. I have recently persuaded myself to have my kitchen done. i saved most of it but did borrow about 25% of the cost interest free from my Dad. I partly regret even doing that. It will be paid off as soon as possible.

lisyloo

In my case, having 3K debt and then having an accident which prevented me paying it off, would really stress me out.

You can get insurance for certain things e.g. death, sickness, accident and redundancy. Of course that costs money so you could look at it as an additional cost of debt.

katejo

lisyloo wrote: »

You can get insurance for certain things e.g. death, sickness, accident and redundancy. Of course that costs money so you could look at it as an additional cost of debt.

I do have mortgage protection but not the others. There are too many loopholes for the insurance companies to wriggle out. It is better to have no debt.

lisyloo

It is better to have no debt.

I agree with you and it's brilliant having none at all.
However it isn't always possible for everyone.
For example if you need a car when you start work.
Some debts (like your mortgage) are unavoidable.
I agree with you point about loopholes, but I wouldn't go as far as saying all insurance is useless. For example life insurance tends to have very few loopholes. There tends to be litte fraud involved in being either dead or alive it's a fairly blakc & white situation.
Health insurance where there is a lot of fraud and there can be pre-existing conditions certainly have more loopholes, but it's not always just insurers trying to wiggle out of it, they also have to protect themselves from a lot of fraud.
I don't work in insurance BTW, just trying to present a balanced view.
On the whole I agree with you. I have recently become completely debt free and its' extremely liberating :-) Although unless you have a fantastic final salary pension, it only divers you onto worrying about getting a good retirement income :-(

charlieangelbits

Thanks for ALL of the input people. I have heard ALL of them and not overly concerned by those who want to be critical. It is all useful. Basically, stop whingeing and start paying off - I get it.

I wont be posting on here again though. Just one big b!t(c)h fest and not what I was looking for!!

Many thanks to Clapton, Blitzboy, Lucifa42, Katejo, redpete and lisyloo. :T

Hooloovoo I hear what you are saying but I hope you dont get run over by a bus tomorrow. Please go out and have some fun before its too late x