Disappointment and desperation at their finest.

dottydebts

As someone who spent their entire student life in debt and working on a 0 hour contract, I know how you feel! I just wish that I had started paying it off while I was still at uni... We can do this!

Harleyquinn

I'm so please ani!! It's taken long enough to get it sorted lol the advisor that I was dealing with was very nice and so helpful. Makes me feel good knowing paying for my account is a thing of the past


dotty, the only debt I ever want to have again is a mortgage (and with my credit rating, I doubt i'll be able to get one before i'm 30!) So i'm trying my hardest to get debt free and stay debt free We can and we will do this! :beer:

tiger_eyes

Harleyquinn wrote: »

Currently in an unauthorised overdraft thanks to bank fees and charges. The bank, however, have told me that their charges are fair and will do nothing to help me as they gave me "financial assistance" twice already by waving fees when I was 18. FIVE YEARS AGO!

I'm feeling pretty deflated now. I've no idea when I actually get paid next and I'll just be racking up £10 a day in charges. Literally have no money for food. I'm so ready to win the lottery now ... oh no wait, I can't afford a ticket!:rotfl:

Glad you sorted things out with the bank, but just wondering - how frequently do you not have money for food and other essential expenses? If you're sometimes unable to buy food, is it still feasible to get an iPhone 6 on contract? I'm wondering because mobile phone contracts are a classic poverty trap - the monthly charges can be a huge drain for those on low incomes, the cancellation fees make it difficult to escape, and of course you can't afford to save up to buy your next phone outright because you're still paying monthly for the last one. You have a considerable overdraft and many other debts to service, plus a car to run, all on a low income - can you really afford a new iPhone?

Harleyquinn

I decided to stick with my iPhone5 tigger! My contract ends on the 28th of Feb so I'm cancelling and going sim only, it's far cheaper. My phone is on it's last legs but i'm hoping to win a phone, any phone, or save and buy one later in the year.

Mostly every month I have no money for food for the last 2 weeks, I always scrape by thanks to wombling, but I hate doing that. Things are starting to get a little better now so hopefully they keep on improving

tiger_eyes

I think that's a good plan. I have a pay-as-you-go SIM and it's crazy cheap compared to iPhone contracts.

It must be tough not having money for food on a regular basis. I imagine the low pay and zero-hours contract aren't helping you make ends meet. I see from your first post you're already looking for other work. How many years of university do you have left? I'm wondering how much longer you'd have to tough it out until you can graduate and get a full-time job. Do you know if your credit history is already damaged? There are various options, like a debt management plan, for people who genuinely can't afford to pay their debts after essential bills (including food).

Harleyquinn

I still live at home so it's not that bad. But my agreement with my mum is I pay the council tax (so that's what I pay in digs) and I buy my own food.

Things are looking up just now, one of the projects at work is only manned 10 hours a day (I work in social care) as it's one of the homeless places. The manager from there has asked me to work for her there "permanently" so my hours from this month onwards are significantly better and I have my shifts for the next 3 months.

I also applied for the hardship fund at uni and after being told I'm not in financial hardship by people on another thread i've JUST checked my e-mails to find one for uni telling me my application has been accepted so I'm expecting a cheque in the mail but I don't know how much for so I'll use all of that on debt

I don't graduate for another 4/5 years unfortunately but I will be better off by the end of this year. This is merely a blip in my little life There are defaults on my credit file I think, but I've just read that they only stay there for 6 years so I should be okay.

I'll just save when I can and by the time my credit score is good and I'm in a full time job I should be able to get a mortgage