Worrying about debt

MothballsWallet

Hey, Loan OFFER, you :spam: posting son of a gun, wow, why would anyone want to take a loan from a company who can't even write proper English?

Your contracts must suck. On toast.

catlady1990

@mothballswallet, I think you have posted on the wrong thread.

catlady1990

Not long woken up from my nightshift, however I thought I would summarise how I've done so far. Which isn't brilliant but I've made a start.
Currently paid £1100 toward mum's loan, only another £900 to go. I have rent and my tesco cc coming out of my account this week, so it's minimal extra spends until I get paid again on Thursday.
Not been in my overdraft in well over a month ��

I still need to sort out an soa, which I will hopefully do tonight.
Then it's a quiet couple of days dedicated to assignments, before I go back to work at uni on Wednesday.
Cut down my hours at one job because it was too much and I need two days a week just to study. Here's hoping I can pay extra into my loan payments to mum just to reach my deadlines of December this year :-)

catlady1990

Accidentally made a typo meant *and instead of at

catlady1990

Yikes, what a day! Was merrily carrying on with paying off mum's loan, when I got a text message saying that my 0% period is finishing this month not March!

So I am currently in the process of rearranging everything. I have to pay mum off by the end of December, so I might be going into my overdraft to get the two paid off. This might seem silly to some people but I can't get any 0% credit cards, just tried this morning!

It's cheaper to go into my overdraft than pay almost 26% interest.
The good news is, I will have paid off two debts by end of December, that has to great news.
Yes, I will now have an overdraft to contend with but my next installment of student loan comes in mid January and I don't have any deadlines immediately after Christmas, so it means a work filled two weeks off.

I will get this soa sorted, but first I have to sort out the chicken shed as it needs cleaning out today.

[Deleted User]

Hi catlady,

That's annoying but I'm sure you'll get it sorted xx

DebtFreeDuo

Have you not signed up for a student account? I have a £2000 interest free overdraft on my student account.

catlady1990

It meant changing banks and I am happy with natwest, so I haven't done. I don't go into my overdraft much as I tend to keep on top of it. It's just for emergencies such as this. The only other time I went into my overdraft this year was before my student loan came in as it was later than it was supposed to in October rather than September and I unfortunately had to buy a new laptop as my one died.

If I can get enough shifts in I won't even have to go into my overdraft it's just a maybe so fingers and toes crossed I get paid enough ��

DebtFreeDuo

I'm with Natwest and it was an extremely easy process, it worked out better for me that I was already with them because they gave me the maximum overdraft straight away rather than building it up over the years.

All I did was apply to change my account online, all of my bank details remained the same, I didn't even have to speak to anyone, then I applied for my overdraft also online. I think all in it took about 10 days and I had my overdraft. Its definitely worth looking into further for those emergencies.

DebtFreeDuo

Take a look at this - https://www.natwest.com/personal/students/g1/student-current-account/upgrade.ashx