Separated, how much should I provide?

Lunar_Eclipse

JackRS wrote: »

2nd approach is not to offer SM and wait for FDR judge to suggest?

Yes this is how I read it: don't offer it now seems to be preferable.

justme111

Who says solicitor has to be paid promptly. Paying with delays happens more often than other way round

JackRS

Thank you for choosing Santander. We’re pleased to inform you that we haveapproved your application for a Santander Credit Card. Your new card andwelcome pack will be with you shortly. Please remember to activate your card assoon as you receive it, to start enjoying all the great benefits it brings.

kelpie35

JackRS wrote: »

Thank you for choosing Santander. We’re pleased to inform you that we haveapproved your application for a Santander Credit Card. Your new card andwelcome pack will be with you shortly. Please remember to activate your card assoon as you receive it, to start enjoying all the great benefits it brings.

I am so pleased for you Jack :j

I hope that goes a wee bit to relieving some of the stress are are under.

Take care

RAS

JackRS wrote: »

Please remember to activate your card assoon as you receive it, to start enjoying all the great benefits it brings.

They have no idea................

How much will that save you per month JackRS?

JackRS

RAS wrote: »

They have no idea................

How much will that save you per month JackRS?

Well I haven't worked it out yet as it depends on the credit limit. I took out a 5 year loan with my bank to pay off 2 credit cards that were at the end of 0% term. That costs around £200/m to pay off. I have the remaining £5K of debt on 2 other cards that will soon come to the end of their 0% term. So providing the credit limit on Santander card is sufficient I can do a credit card transfer (0% charge!) and use the card for purchases (i.e solicitor bill and fuel for car). It has an annual fee of £24 but I will make more than that on the 1% cash back for fuel. So need to check that the fuel deal is not linked to only certain petrol stations which would make the cash back a force economy if the fuel is priced higher compared to others. The whole things depends on credit limit but the fact I've been approved is a the key step.

So how much does it save well it saves around 4% loan cost which is what would have to do to pay of other credit cards and solicitor bill, also actuaries bill £1500+VAT, so call it £10K at 0% for 18months compared to 4% £400/year, it's actually more than that using proper APR ball park. Actually it's not a saving on what I current pay is an additional charge avoidance.

Sorry bit of a ramble bet you wished you never asked. The credit limit is a risk though when I got the Tesco card they only gave £2.5K limit, the Lloyds card was £12K so they all use different models to establish limit?

justme111

Re solicitors
Instead of hurrying up paying their bills i might written a letter quering that bill and ask them to review it.

lulu_92

Is it the 123 card, Jack?

That'ss 3% on petrol and 1% on supermarket spend

0% on purchases and BTs for 23 months

JackRS

justme111 wrote: »

Re solicitors
Instead of hurrying up paying their bills i might written a letter quering that bill and ask them to review it.

Thing is I did and they crossed off bits that related to mistakes that I complained about. It still ended up at £800 after that, dread to think what next bill will be as I'll be charged for the letter they sent defending my complaint..

JackRS

lulu_92 wrote: »

Is it the 123 card, Jack?

That'ss 3% on petrol and 1% on supermarket spend

0% on purchases and BTs for 23 months

Can't remember but it's not that one it's 1% on fuel