Pay ALL your debt off by Xmas 2013

kerri_dfw

loubie_lou wrote: »

I've had an email this morning alerting me to a change that was made to my credit file, nothing major.

Now looking at my credit file got me thinking. I know it was my own fault running up debt and then struggling to pay it off thus incurring charges and defaults etc. But it's really unfair that defaults last for 6 years isn't it?

I mean I will NEVER run up serious debt again but I suppose it's a deterrent for those who will never be good with money but a hindrance to those who have changed their ways. Just a mini rant

I think they still take into account the first 12 months, so if you're showing signs of improving then this will be favourable. I'm really worried about getting a mortgage I've got default galore on mine and want a house in 2 years time. I think the one thing that might scupper it could be my credit rating grrr.

Do you pay for yours? If so you should check out n0ddle as it's free. It tells you pretty much all you need to know on a 1-5 scale instead of exact score. But free is free afterall


OH and I had a fight about our budgeting last night. He needed to get milk so I suggested he go to Mr S as we have a top-up card for there with 5% off, so the milk works out cheaper. He took this as me telling him how to shop, so he rebelled went to the corner shop, bought green top when he only ever drinks red top, and I got cross with him.
Anyway, after this week we're going to try having £40 each a week and managing our own money. We'll see how that goes

I did have a successful train journey to my parents today, went to get a hot chocolate as I was freezing after 3hrs in a freezing carriage, but there was a queue so I got straight on my train that was waiting early. I could have waited but I was too worried about missing the train

I'm really, really peeved with arriva trains...long story short, it's been 4 months, they owe me over £50 in tickets I didn't use because they were issued incorrectly, they have received these tickets! they sent me £25 in goodwill vouchers to use with their trains. I should have just got the refund at Paddington in September. They're getting another shirty call on Monday!!! They called me back but my phone was in the other room and didn't hear the phone. Unfortunately the department I want I can't just call up and they didn't leave a dratted message. Does anyone know who you complain to if writing a complaint doesn't work? Is it trading standards? 4 months is TOO long!

amr547

kerri_dfw wrote: »

I think they still take into account the first 12 months, so if you're showing signs of improving then this will be favourable. I'm really worried about getting a mortgage I've got default galore on mine and want a house in 2 years time. I think the one thing that might scupper it could be my credit rating grrr.

Do you pay for yours? If so you should check out n0ddle as it's free. It tells you pretty much all you need to know on a 1-5 scale instead of exact score. But free is free afterall

I'm exactly the same as you - want to buy in 2 years. I have no defaults but OH does and is in a DMP. I don't know how it's gonna work really, I might be able to get a mortgage by myself if we have a decent enough deposit - but we'd be looking at sort of ~£25k to get the place as I don't think I'd get much of a mortgage on my own. It's a right pain.

My friend got one recently and doesn't have much of a credit history so she was worried. She said it's all about risk though and her mortgage advisor told her they don't necessarily reject people because they've got debt or whatever.

kerri_dfw

amr547 wrote: »

I'm exactly the same as you - want to buy in 2 years. I have no defaults but OH does and is in a DMP. I don't know how it's gonna work really, I might be able to get a mortgage by myself if we have a decent enough deposit - but we'd be looking at sort of ~£25k to get the place as I don't think I'd get much of a mortgage on my own. It's a right pain.

My friend got one recently and doesn't have much of a credit history so she was worried. She said it's all about risk though and her mortgage advisor told her they don't necessarily reject people because they've got debt or whatever.

We're looking at investing in property, so I'm going to get a mortgage by myself first and we'll get somewhere about £150K ish, so defo need a £25k deposit. I'm aiming to save £10k this year, we have £2k so far from his Grandad as a gift, and I should get some inheritance from my late Grandad shortly as well as my sister paying back the loan, so that'll take us to 10k. It's all reallllly scary though isn't it, mortgages, houses, savings, I've never saved in my life. Debt to be paid off first though, mine and OH has £10k of his very own. Eep!

amr547

kerri_dfw wrote: »

We're looking at investing in property, so I'm going to get a mortgage by myself first and we'll get somewhere about £150K ish, so defo need a £25k deposit. I'm aiming to save £10k this year, we have £2k so far from his Grandad as a gift, and I should get some inheritance from my late Grandad shortly as well as my sister paying back the loan, so that'll take us to 10k. It's all reallllly scary though isn't it, mortgages, houses, savings, I've never saved in my life. Debt to be paid off first though, mine and OH has £10k of his very own. Eep!

Property is relatively cheap here, my friend only had a 5% deposit :eek: our first home would be anywhere from £85-100k at current prices, depending really. It is quite scary I hate renting though. Hate hate hate it.

I really need to check my reports to make sure they're OK. I've got my experi*n report and that was all good, no idea what 'score' I've got and whatnot. No idea how to check!!! I can't use N*ddle as I've only just changed my card details over and they told me to wait 4-6 weeks before trying again

kerri_dfw

amr547 wrote: »

Property is relatively cheap here, my friend only had a 5% deposit :eek: our first home would be anywhere from £85-100k at current prices, depending really. It is quite scary I hate renting though. Hate hate hate it.

I really need to check my reports to make sure they're OK. I've got my experi*n report and that was all good, no idea what 'score' I've got and whatnot. No idea how to check!!! I can't use N*ddle as I've only just changed my card details over and they told me to wait 4-6 weeks before trying again

Well I'd put it on the calendar in that case.

Has anyone else noticed that with money saving they have become more organised? I now have a calendar, a budget, an organised social life, a tidier flat...etc...

amr547

kerri_dfw wrote: »

Well I'd put it on the calendar in that case.

Has anyone else noticed that with money saving they have become more organised? I now have a calendar, a budget, an organised social life, a tidier flat...etc...

No :rotfl:I keep meaning to buy a diary but I can't find one I like!!!

jakes-mum

Grrr, now I remember why I hate cheques! just had a look at the bank and there is a cheque payment of £135, so im sat there trying to figure out why the heck i'd write a cheque let alone one for that much money :think:

Grab DH and hes helpfully saying 'but you do all your payments online or in cash at the bank' . . . umm I know this hence why I have no idea what this cheque payment is!! :rotfl:

20 very long minutes later he finally says 'was it the payment for the will?' and yes it was, the reason I hadnt realised what it was is that I gave them that cheque well before christmas! grr I hate the 'you can take up to 6 months to present a cheque' rule. If you get a cheque, blomin cash it so I can remember what the heck I paid for!

rant over

Bank is looking good regardless, I still cant get over not having a OD next to my bank figure :j :j no lobster and caviar for my bankers this year

amr547

jakes-mum wrote: »

Grrr, now I remember why I hate cheques! just had a look at the bank and there is a cheque payment of £135, so im sat there trying to figure out why the heck i'd write a cheque let alone one for that much money :think:

Grab DH and hes helpfully saying 'but you do all your payments online or in cash at the bank' . . . umm I know this hence why I have no idea what this cheque payment is!! :rotfl:

20 very long minutes later he finally says 'was it the payment for the will?' and yes it was, the reason I hadnt realised what it was is that I gave them that cheque well before christmas! grr I hate the 'you can take up to 6 months to present a cheque' rule. If you get a cheque, blomin cash it so I can remember what the heck I paid for!

rant over

Bank is looking good regardless, I still cant get over not having a OD next to my bank figure :j :j no lobster and caviar for my bankers this year

I'm looking forward to pay day - my bank is looking rather empty atm thanks to christmas :rotfl: yay for no OD!! :j

kerri_dfw

Jakes-mum, I can't even start to imagine what that feels like! Congratulations on the no overdraft, have you framed your first bank statement since being debt free? I think for the slog you've done you definitely should

jakes-mum

kerri_dfw wrote: »

Jakes-mum, I can't even start to imagine what that feels like! Congratulations on the no overdraft, have you framed your first bank statement since being debt free? I think for the slog you've done you definitely should

Lol, i sooooo should have done that :rotfl: I'm really loving the feeling but just can't get over the realisation that every penny in the bnk belongs too us and have no idea where all this money has come from :eek: we seem to have nothing to pay, it's crazy how much of our monthly income was going toward paying back all these things we felt we couldn't wait for and had to get on credit

I want too move more into our savings but still can't get out of that mentality that there must be a bill that needs paying I suppose this is not a bad thing as don't want to get too comfortable and start spending 'cos we can'