Debt has ended my relationship :(

Gaz83

NICHOLAS wrote: »

I wouldn't be so quick as to tell the op to get in touch with debt charities and advisors. Looking at what she/he has said, the debt appears to be up to date and i would think has a good credit history?

The debt doesn't look a great deal to me, although i don't know what the op earns.

If i was them i would ask the parents for a lump sum to service the immediate debts that could go awry, like the payday loans, and go from there.

If you have a bad credit history my advice would be to dump all the debt, open a basic bank account or use what you have already, and ignore the creditors for 6 years until it goes statute barred and you can borrow again.

Probably best to ignore this utter drivel, OP.

NICHOLAS_2

Are you not able to increase your bank overdraft, it seems small at £499.

To be honest if i was you i would probably ask my employer for an advance on my wages.

NICHOLAS_2

Thrugelmir wrote: »

If only life was so simple.

It is, done it myself.

I racked up about 7k debt and never paid any of it back.

NICHOLAS_2

Gaz83 wrote: »

Probably best to ignore this utter drivel, OP.

Yeah, best to tell someone with a reasonably good credit history to go down the debt management route like 90% of the people here lol.

SOMam

NICHOLAS wrote: »

I wouldn't be so quick as to tell the op to get in touch with debt charities and advisors. Looking at what she/he has said, the debt appears to be up to date and i would think has a good credit history?

The debt doesn't look a great deal to me, although i don't know what the op earns.

If i was them i would ask the parents for a lump sum to service the immediate debts that could go awry, like the payday loans, and go from there.

If you have a bad credit history my advice would be to dump all the debt, open a basic bank account or use what you have already, and ignore the creditors for 6 years until it goes statute barred and you can borrow again.

I do believe you missed the part where the desire to save a relationship was mentioned...the shirking of responsibilities is not usually a desired trait in a partner....

NICHOLAS_2

SOMam wrote: »

I do believe you missed the part where the desire to save a relationship was mentioned...the shirking of responsibilities is not usually a desired trait in a partner....

Hmmmm... bit of a weird way to put things.

In my view, when someone hits breaking point with credit and can't repay, provided they don't have any assets they don't want to affect, like a property with equity, they may as well pay nothing at all back.

The op seems to be in a reasonably good position with regards to her credit history, so she needs to beg her parents and keep it in tact. Plus, if you're gonna let your credit go to tatters, it's best to do it with a more sizable sum than what they op has to repay.

san1_2

Just had a long conversation with OH. Will report back progress when I have calmed down.

san1_2

NICHOLAS wrote: »

Yeah, best to tell someone with a reasonably good credit history to go down the debt management route like 90% of the people here lol.

Having to default is an option- but not the only one I am considering. I know that my issue is relatively short-term IF I can get hold of it.

exarmydreamer

Hi, Just another suggestion, as you are CRB checked. Could you offer your services as a babysitter, dog/house sitter etc?, on your days off or evenings.

san1_2

Well, firstly OH and I have split. Long discussion about how things have been lately and a mutual decision was taken that things have not been great. We have decided to remain friends which is important given our shared social group.

Financially, OH reckons we have about £290 surplus in our bills account which would have saved us during winter. We are electricity only and really suffered two years ago with huge bills although we got the bills down drastically last winter by being more careful.

OH reckons that at the last meter reading the electricity account will have been in surplus too. We were hardly indoors in July so hopefully should not have added too much to it.

We should be able to give one month notice to the letting agent and utilities. Not sure about the Sky package but OH deals with this anyway.

We have agreed that we are NOT leaving this flat with uneaten food in the freezer and cupboards so have a mission to live on the freezer/cupboard.

OH will move back in and sleep on the sofa at least until he can move in with his brother. Our flat is tiny- literally two rooms- front door opens onto kitchen/livingroom and then an ensuite bedroom... so things might get awkward.

We have a £500 deposit which we paid 50/50. OH has used the surplus in the bills account to help pay the rent (£370 per month) and the Council Tax (£72 per month).

He will phone the electricity tomorrow after giving notice to the letting agent and see the state of play with electricity. I will use my share of the returned deposit to cover anything extra OH has paid (eg his share of surplus being used to cover my half of rent/bills)

I offered him the money I have made today from my refund of the wedding outfit. He says that as things stand the surplus has covered everything.