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My S.O.A

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Comments

  • Ah nice one Bedsit Bob when you look at it like that... Braddy, if you do it via £co or topcashback too you could earn some £ !
    Glad already on repayment plans - that's good!
    :rotfl:
  • braddy970
    braddy970 Posts: 271 Forumite
    I shall have a talk with my partner tomorrow and show him what you have said regarding the car insurance and cc thank you Bob, putting it like that it makes more sense to pay off the cc x
    The 1% Challenge #76 - Debt 1 = £620 - 1% = £6.20 - 4.3%
    Debt 2 = £1600- 1% = £16 - 0%
    Debt 3 = £1012 - 1% = £10.12 0%

    Pay all your debt by Xmas 2016 #130- £465.86/£7636.46 - 6.1 %
    Make £10 a day ~ Jan £182.49, Feb £373.65
  • 365days
    365days Posts: 1,347 Forumite
    Just make sure you then cancel the credit card though!!
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • braddy970
    braddy970 Posts: 271 Forumite
    I have quidco, I searched for quotes and the cheapest I could find was 1258.88 with £31.08 cash back xx £138.23 x 9
    £192.58 Deposit
    The 1% Challenge #76 - Debt 1 = £620 - 1% = £6.20 - 4.3%
    Debt 2 = £1600- 1% = £16 - 0%
    Debt 3 = £1012 - 1% = £10.12 0%

    Pay all your debt by Xmas 2016 #130- £465.86/£7636.46 - 6.1 %
    Make £10 a day ~ Jan £182.49, Feb £373.65
  • braddy970 wrote: »
    putting it like that it makes more sense to pay off the cc x

    Provided you can manage the monthly payments.

    You don't want to finish up, unable to afford to insure the car.

    When is the insurance due?
  • braddy970
    braddy970 Posts: 271 Forumite
    Insurance runs out on 3rd march x My main thought behind it was that my partners job is very unsecure atm so I thought it would be one less bill to be coming out of the bank per month incase he is made redundant again xx
    The 1% Challenge #76 - Debt 1 = £620 - 1% = £6.20 - 4.3%
    Debt 2 = £1600- 1% = £16 - 0%
    Debt 3 = £1012 - 1% = £10.12 0%

    Pay all your debt by Xmas 2016 #130- £465.86/£7636.46 - 6.1 %
    Make £10 a day ~ Jan £182.49, Feb £373.65
  • If he was made redundant (heaven forbid he is), would you still need to run the car?
  • braddy970
    braddy970 Posts: 271 Forumite
    I have lots I have been sorting out ready for selling, I have a few lcd tv's that are in need of tlc that I am going to try on e*ay and fb groups.
    The 1% Challenge #76 - Debt 1 = £620 - 1% = £6.20 - 4.3%
    Debt 2 = £1600- 1% = £16 - 0%
    Debt 3 = £1012 - 1% = £10.12 0%

    Pay all your debt by Xmas 2016 #130- £465.86/£7636.46 - 6.1 %
    Make £10 a day ~ Jan £182.49, Feb £373.65
  • At the moment he uses it for going to work and back, helping his dad with moving machinery and tractors and taking us to the nearest town for shopping and other bits and bobs, but is he did lose his job we most likely wouldn't need to use it.
    The 1% Challenge #76 - Debt 1 = £620 - 1% = £6.20 - 4.3%
    Debt 2 = £1600- 1% = £16 - 0%
    Debt 3 = £1012 - 1% = £10.12 0%

    Pay all your debt by Xmas 2016 #130- £465.86/£7636.46 - 6.1 %
    Make £10 a day ~ Jan £182.49, Feb £373.65
  • Pont
    Pont Posts: 1,459 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I've just put your figures through turn2us. Are you sure you're claiming all benefits you're entitled to?
    The check up is showing:-
    TC - £102.72pw
    CTB - £5.60pw
    HB - £53.08pw
    CB - £33.70pw

    Potential total of £195.10pw - nearly £400pm more than you've indicated.
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