We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Well, into the void I go
Cappy_Crash
Posts: 2 Newbie
This time last year, I had a plan. I'd been given a credit card to consolidate my debts. I placed my balances onto the card and had every intention to close down the two cards that had been cleared.
One tattoo, four trips to London for interviews (yes, the interviews were needed, the £275 for a hotel room, however, was not.) and MANY irresponsible purchases later (£53 to go sit in a field watching Back to the Future was not my brightest moment.); all my cards are again maxed out, I'm 17 days away from being paid again and I'm wondering how on earth I can step outside my house without spending any money.
I've not been on holiday since 2009, I don't go out drinking (I can't even remember the last time I was drunk) and I haven't been on a date in over a year because, unless I know I can at least afford to go dutch- I can't bring myself to go out. I'm also scared of the man either: being put off with my inability to manage my finances or thinking I'm looking for someone to be my Tabula Rasa (A gold digger for those Non-Whedonites out there).
I had a phone call from my bank last week. 'We need to book you in for a review.' I was finally offered a loan, YES! Yes?? Hmmmm- 24% APR.... For a £9,400 loan I was going to be paying back £19,000.
Time for a change. Not a chance am I taking such an insulting loan. I can get debt free- WITHOUT the help of a loan. I'm going to budget the hell out of my life- and hopefully free myself up to go on a blasted bloody date!
The one thing I've not thought about is my goal. OK, yes, I want to be debt free. Time scale though?! A year, two? Do I am for the 5 that a £10,000 loan suggests?
Good night all.
One tattoo, four trips to London for interviews (yes, the interviews were needed, the £275 for a hotel room, however, was not.) and MANY irresponsible purchases later (£53 to go sit in a field watching Back to the Future was not my brightest moment.); all my cards are again maxed out, I'm 17 days away from being paid again and I'm wondering how on earth I can step outside my house without spending any money.
I've not been on holiday since 2009, I don't go out drinking (I can't even remember the last time I was drunk) and I haven't been on a date in over a year because, unless I know I can at least afford to go dutch- I can't bring myself to go out. I'm also scared of the man either: being put off with my inability to manage my finances or thinking I'm looking for someone to be my Tabula Rasa (A gold digger for those Non-Whedonites out there).
I had a phone call from my bank last week. 'We need to book you in for a review.' I was finally offered a loan, YES! Yes?? Hmmmm- 24% APR.... For a £9,400 loan I was going to be paying back £19,000.
Time for a change. Not a chance am I taking such an insulting loan. I can get debt free- WITHOUT the help of a loan. I'm going to budget the hell out of my life- and hopefully free myself up to go on a blasted bloody date!
The one thing I've not thought about is my goal. OK, yes, I want to be debt free. Time scale though?! A year, two? Do I am for the 5 that a £10,000 loan suggests?
Good night all.
0
Comments
-
Why not aim to get an soa on here and see what you can reasonably afford to pay then set your target? Well done on walking away from your bank's generous offer!Mortgage at 01.01.14 £119,481.83:eek: today £0 Emergency fund £5.5/5.5k & £200/200 cash.:jWeight 24/02/19 14st 7lb now 12st 1lb determined to stop defining myself by my mistakes. Progress not perfection.:T100%through my 1% mortgage challenge. 100% through my pb challenge. I’m not perfect but I’m good enough.0
-
Sorry, what is a SOA?0
-
Hello there,
Welcome to MSE. I would like to wish you all the very best with your diary. A 'SOA' stands for statement of account. You can complete one here and then post it up for us all to see. It can often help with budgeting and money saving. In addition, we can also make suggestions about the best way forward to manage the debts.
Best wishes,
David @ National Debtline.We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards