Advice please

rosiedee

I don't know if it's normal for those just 'coming out' but I've gone a bit on overlead, in fact 'headless chicken' would be more apt!! I don't seem to be able to switch off from figures, how to save money etc. Looking out stuff for Ebay, checking insurance policies to amke sure we aren't paying for the same cover twice etc, etc, etc!!
A couple of questions, Sazzacat said about applying for cards with 0% or life of balance, is it worth it bearing in mind my own personal debt is more than my annual income. I did have a Sky Card on 0% last year which I repaid using the dreaded MBNA card when the offer expired and no I didn't add anything to it, think I've been a closet DFW for a while!! Also if that didn't work and I was rejected and I could persuade OH to apply (when he listens to Martin on the radio or TV talking about moving debt around he breaks out in a cold sweat!) would the fact that I had been rejected affect him. We both have a good credit history (checked mine on the freebie Experian recently and came out as good), the only thing we have applied for recently was to A&L to bump up our existing loan with them to pay back dreaded MBNA) which was declined, even though we had never missed or been late with a payment in almost 4 years, only just over a year to go on that one!! Actually although I was really upset at the time I now think they did me a favour as forced me to own up to OH.

hypno06

I'm not the one to ask really about credit cards, not having much success in transferring onto 0% myself!

But do beware of DFW burnout - the initial enthusiasm may subside when the "big" things have all been done.

Post on the "what small steps" thread everyday and join one of the spending challenges to keep yourself motivated.

Seaxwyn

HI Rosie

I owe more than my annual income too but I've got over £6k of it on low life of balance cards, and that does help psychologically.

I don't know much about credit ratings, but I got these cards despite having low earnings and high levels of debt so don't assume you won't be able to. If you don't get all the advice you need here, you could try posting on the credit cards board.

Good luck!