My Smug Marrieds Shiny New Diary - Get Our Debts Sorted Before 2018

lincs1205

Ah thanks for that, I'm not currently in it by that much but I'd just be happier if it was much less than a £1000. I think my credit file is improving as I'm keeping my eye out for a longer 0% deal to transfer my Barclaycard onto as that runs out in September.

lincs1205

Overdraft is now reduced from £1000 to £650 may reduce it further but it's a really long month this month and I don't want to risk going over it, not that I intend to. I will be getting a refund from amazon for a faulty nerf gun but that is £40 and I need to get him a replacement which is currently £50. I have bought him some lego from amazon to replace it but I still want to get him the nerf gun as that is what he wanted.

kirtsypoos

Hi lincs, it's been a while since you were on - how are you doing?

lincs1205

Hi Kirstypoos,

I'm fine thanks still chipping away at that debt and gradually getting my credit card debt onto 0% cards and then doing a bit of shuffling with the amounts. Still putting my silver coins into a sealed tin and my £2 coins into sealed tins as well. Trying very hard not to be to extravagant with regards to spoiling my mum for her birthday.

kirtsypoos

Glad it's all going well lincs, slow and steady is always a good plan!

0% cards are a bonus too

lincs1205

Working on a plan to blast my credit card debt I now have the following :

Lloyds cc £4132.42 @6.4% for the life of the card
MBNA CC £3104 @0% until September 2017
Virgin cc £4708 @0% date to be confirmed

I balance transferred from the Barclaycard onto the virgin card and will close that down next week , I have made a payment of £35 to MBNA today and have also set up a direct debit to go alongside it and I am also in the process of setting up a standing order to pay additionally. I am also adjusting the standing orders that I already have in place to pay off the credit cards.

As well as busting the debt I also have two savings accounts set up with nationwide I only pay a nominal amount in each month but that will hopefully help when it comes to birthdays and Christmas. I'm still doing extra shifts albeit not as many as I was.

kittycashcake

Sounds like a great plan Lincs!

lincs1205

Just paid another £69.70 off my MBNA card. In previous months I have had a set back with regards to decreasing my debt namely when I have previously transferred balances I have incurred fees but the upside is the balance is still going down. As of now I have currently paid 8% of my total debt

lincs1205

Virgin Card £4108 0% until TBC


Lloyds Card [EMAIL="£4132@6.4%"]£4132@6.4%[/EMAIL] for life of card


MBNA £3104/£2999.30 @0% until September 2017 - 3.25% Paid


Total Balance £12925/£11239.30 13% Debt paid

kirtsypoos

Great going lincs!