update of my soa - to keep me on track

kez27

Ok folks here is an update of my soa - as it stands at mo. also found some other things am supposed due. so need your advice on these.


Debts at moment.

Credit card £1100
Look Again £280
Provident £480 (pay £20 PER MONTH)

THIS IS WHAT A NEED ADVICE ON , CHECKED OUT MY CREDIT FILE I HAVE 2 DEFAULTS THAT I HAVE NEVER BEEN NOTIFIED ABOUT.

1 IS 02 FOR £369 - QUERIED THIS - THEY SAY THIS IS CORRECT - DONE THIS THROUGH EXPERIAN.

ALSO ABBEY BANK ACCOUNT £552 (260 IS OVERDRAFT WHICH I HAD WRITTEN TO THEM TO ASK TO MAKE MONTHLY PAYMENTS - GOT NO RESPONSE AND THEY DID NOT ISSUE ME A DEFAULT NOTICE BUT THIS IS ON MY CREDIT FILE) £292 IS BANK CHARGES - BUT WROTE NO ABBEY NO RESPONSE - WHAT CAN I DO HERE AND IF I DO CLEAR BOTH OF THESE - WILL THESE BE REMOVED FROM MY CREDIT FILE - SPOKE TO CHECK FILE THEY SAY WILL STILL SHOW FOR 6 YEARS, BUT I NEVER BEEN ISSUED WITH A DEFAULT NOTICE!!!!!

OK HERE GOES MONTHLY INCOME - TAKING A LODGER IN NEXT WEEK SO THIS WILL HELP.

INCOMINGS: MONTHLY WAGE £1300
P/T JOB WAGE £60 PW
LODGERS RENT £280.

MORTGAGE £500.00
SECURED LOAN £168.15
INSURANCE £18.38
TELEPHONE £25.00
ELECTRICITY £40.00
TV £27.00
DENTIST £9.45
FOOD £50.00


DEBT CREDIT CARD £1100 - SEPT PAYING £710 LEAVING BALANCE OF £390

LOOK AGAIN - £280 - SEPT BALANCE £220

PROVIDENT - £20 - SEPT BALANCE £460

AIMING TO HAVE CC PAID OFF IN OCT

LOOK AGAIN PAID OFF NOV

PROVIDENT - PAID OFF JANUARY.

WHICH IS GREAT - BUT CAN SOMEONE ADVISE WHAT I SHOULD DO REGARDING ABBEY AND O2 - IF AM DUE THEM. I WILL PAY THEM BUT NOT HAPPY IN REGARD TO DEFAULT AS I HAVE NEVER BEEN TOLD ADVISED ABOUT THIS AND IF I PAY THEM WILL THIS BE REOVED FROM MY CREDIT FILE.

SHOULD THEN BE DEBT FREE BY MARCH 2008.

AND SECURED LOAN WOULD BE CLEARED IN JUNE WHEN I REMORTGAGE MY PROPERTY OR MOVE HOME.

ANY THOUGHTS MUCH APPRECIATED.

KEZ

liz105

bump bump bump

RAS

kez27 wrote: »

INCOMINGS: MONTHLY WAGE £1300
P/T JOB WAGE £60 PW
LODGERS RENT £280.

MORTGAGE £500.00
INSURANCE £18.38
TELEPHONE £25.00 - Why this much? lokk at martin's article on free and low cost calls
ELECTRICITY £40.00
TV £27.00 - why is this so high? Licence is £12
DENTIST £9.45
FOOD £50.00
travel to work?
Clothes?
Going out?
House maintenance
Pressies and christmas
Council tax?

Debts at moment.

SECURED LOAN £168.15 - what was this for, value, duration and APR?

DEBT CREDIT CARD £1100 - SEPT PAYING £710 LEAVING BALANCE OF £390 - what is the APR?

LOOK AGAIN - £280 - SEPT BALANCE £220 what is the APR?
PROVIDENT - £20 - SEPT BALANCE £460what is the APR?

You need to make some allowances for additional costs and things like losing the singel person's allowance on the Council tax in your SOA for when the lodger moves in.

/quote]

Can you ad the APRs etc?

kez27 wrote: »

AND SECURED LOAN WOULD BE CLEARED IN JUNE WHEN I REMORTGAGE MY PROPERTY OR MOVE HOME.

/quote]

KEZ, the secure loan will not be cleared when you remortgage. Unless it is already for the same duration as your mortgage, if you add it to the mortgage, you could end up paying a lot more in total, even if the cost per month is less.

Check this on th snowball.