Should i get a wonga loan

[Deleted User]

Ebe_Scrooge wrote: »

To my mind, a TV license at £12 odd per month is an awful lot cheaper than Sky or whatever at £36 per month.

Being LLF is cheaper than both.

swampduck

http://www.hmrc.gov.uk/taxcredits/payments-entitlement/entitlement/question-how-much.htm

Here is the link for you to have a play around with facts and figures - don't forget that you maybe entitled to council tax rebate if there is only one wage coming in. That won't help with the arrears at the moment but could make life a little easier if you were to go down that route.
As for the DCAs I would put them all on £1 token payments and wait for them to contact you. They may get a little upset and stroppy but you have other priority debts and a mortgage which take precedence over any credit card debts. Make it clear that you intend to pay (just not as quickly as they would like!) If they get stroppy and harass you then make it clear that all future contact will be by mail - end of!!

You are not alone in this - many people on these boards have been in your position - myself included. Use these boards to ask questions, vent, moan or whatever someone will always be around.

Swampy

summer33

swampduck wrote: »

http://www.hmrc.gov.uk/taxcredits/payments-entitlement/entitlement/question-how-much.htm

Here is the link for you to have a play around with facts and figures - don't forget that you maybe entitled to council tax rebate if there is only one wage coming in. That won't help with the arrears at the moment but could make life a little easier if you were to go down that route.
As for the DCAs I would put them all on £1 token payments and wait for them to contact you. They may get a little upset and stroppy but you have other priority debts and a mortgage which take precedence over any credit card debts. Make it clear that you intend to pay (just not as quickly as they would like!) If they get stroppy and harass you then make it clear that all future contact will be by mail - end of!!

You are not alone in this - many people on these boards have been in your position - myself included. Use these boards to ask questions, vent, moan or whatever someone will always be around.

Swampy

Thanks Swampduck, will have a look tomorrow, and maybe speak with council tax to see what they say.

Whenever we have made our arrangemtents with the DCA I always do it in writing, so I have the proof of what their response is.

Thanks for being there with suggestions ...I do truly appreciate it. At the moment, I have that much going around in my head about what to do for the best, I honestly dont know what to do, especially about changing the boys school.

patchwork_cat

Or this calculator http://www.entitledto.co.uk/

kindofagilr

Bedsit_Bob wrote: »

You don't have to prove you don't watch live TV.

It's for them to prove you do.



I'm afraid not.

A TV Licence is required if you watch/record ANY live TV, and Sky is live TV.

Yes I know that, I was wondering (out loud) if we (my family) could do without sky and therefore the tv license as well and just watch Netflix.

summer33

[tt]Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 867
Partners monthly income after tax....... 1256
Benefits................................ 188.4
Other income............................ 0
Total monthly income.................... 2311.4

Monthly Expense Details
Mortgage................................ 487
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 119
Electricity............................. 80
Gas..................................... 80
Oil..................................... 0
Water rates............................. 44
Telephone (land line)................... 0
Mobile phone............................ 35
TV Licence.............................. 12.12
Satellite/Cable TV...................... 35.99
Internet Services....................... 0
Groceries etc. ......................... 280
Clothing................................ 0
Petrol/diesel........................... 120
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 420
Other child related expenses............ 32
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 18
Entertainment........................... 25
Holiday................................. 0
Emergency fund.......................... 0
(Unnamed monthly expense)............... 0
Total monthly expenses.................. 1788.11


Assets
Cash.................................... 0
House value (Gross)..................... 130000
Shares and bonds........................ 0
Car(s).................................. 1500
Other assets............................ 0
Total Assets............................ 131500


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 1223530..(487)......4.65
Total secured & HP debts...... 1223530...-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Ruthbridge.....................224.17....2.........0
Link Financial.................2339......2.........0
Barclaycard....................388.06....2.........0
Lowell.........................1749......2.........0
Wescott........................6779......5.........0
Capital One....................742.61....2.........0
Shoosmiths.....................1664......10........0
Wescot.........................976.97....25........0
Credit Security................606.3.....10........0
Total unsecured debts..........15469.11..60........-


Monthly Budget Summary
Total monthly income.................... 2,311.4
Expenses (including HP & secured debts). 1,788.11
Available for debt repayments........... 523.29
Monthly UNsecured debt repayments....... 60
Amount left after debt repayments....... 463.29

Personal Balance Sheet Summary
Total assets (things you own)........... 131,500
Total HP & Secured debt................. -1,223,530
Total Unsecured debt.................... -15,469.11
Net Assets.............................. -1,107,499.11

Hello All

Having a bit of a bad day today...bit weepy. Been signed off for 2 weeks now.

On a positive note I have redone my SOA and if I stick to what I have said and get myself clear with priority debts, we wouldnt be doing to bad with what we have left.

The main priority at the moment is to clear council tax arrears and water, then that would free up money to pay more towards mortgage arrears etc, and then we would have this extra wage left.

One of my sons is happy to go packed luch, so that has halfed the dinner money straight away

I have signed up to the GC to reduce food bill to £280.00, so lets see how that goes.

Also as we go into the spring/summer we use less gas and elec that that should reduce to.

I know it is not going to be easy, and going to be hard next few months paying these debts, but after seeing this SOA this is the outcome I want.

Bit of good news too, I complained to Halifax regarding £75.00 charges that were going to leave my husbands account next week, and as a goodwill gesture they waivered them, and also said would give us £150 for previous charges we have had in the past I cried with joy on the phone. I explained to her every month they put the charges on, we go overdrawn, which in turn creates the further charges the following month

So checking account all the time for money going in, ...said could take upto next week to credit. Oh yes I have sold 1 of the items on ebay for £40, so all in all not looking too bad, just wish I could be bit more happier about it Nevermind will get there.

thecassman86

That SOA is looking much more healthy!

Like you say, it's not going to be an overnight fix and is going to be a bumpy ride but whenever you have an off-moment you can take a look at this SOA and see what you're working towards!

With that much surplus cash at the end of the money you might be able to start getting those debts down too, which will be a big weight off your shoulders!

And that's wonderful news about the Halifax charges. Things will get sorted. Keep your chin up! You will get there!

thecassman86

summer33 wrote: »

Net Assets.............................. -1,107,499.11

Erm... I'm assuming your mortgage isn't really £1.2m ;-)

summer33

thecassman86 wrote: »

Erm... I'm assuming your mortgage isn't really £1.2m ;-)

ha ha no...I lose track of the zeros

Thanks

kindofagilr

Yay so pleased that Halifax did that your SOA looks good