The long haul supporters thread...

ESO1967

Hi All,
I would like to join the thread as I am in for the long haul tooooo, I think I worked it out we owe £33000.00 estimated time debt free the year 2025 eekkk but I am in a DMP up and down a bit but getting there .... did owe £41000 so feeling okay just wish I could get there a bit soner , but never mind reading all your posts cheer me up.
Thanks in advance !!!

Happytogetdebtfree

Hi eso welcome aboard and yes of course you can join the thread tell us a little about yourself .. good luck with the journey we will be here for the ride

ESO1967

Thank you Happy...Have you many newbbies joining the thread this is all very new to me to say the least !!!
Still learning all this techno stuff threads, links and so on.....I'm still trying to do my SOA but having probs with my computer it won't let me do it I have tried several times but won't let me move it from one place to the other..but will keep trying, I was trying to find out if I can try and get my debt down a bit quicker and seeing all your posts has inspired me.
I'm your ordinary person really hard worker but in ill health at the moment waiting for my medical assesment next week to see if I'm fit to continue my job...(civil service I don't have much hope) and all of this is due to a !!!!-up on the NHS when my op went okay ...but...have damaged my nerve in my leg (thanks them with a smile :0 ) so it will defo be in for the long haul have had to reduce my payment s to my DMP but they say as as long as I'm contributing no matter how big or small I should be okay !!!!
Well thats me I'm affraid but thank you for the warm welcome..just a quick question How do I find you when I log of and on again I have been going through all the activity is there an easier way to find the threads in my account or something...
Well have a great weekend folks and let the sun shine on us....:)

MattyA

stevieb1 wrote: »

unless you already shouted them down and offered them a token amount of £1 each a month ...

after the fiasco of trying to claim on the PPI and getting nowhere i basically told them to shove the 20-100 a month payments as i wasnt earning/claiming any benefits and sent them the "token" payments letter. 5 out of the 8 accepted at once, 1st credit wanted 500 a month i just laughed @ the phone call and have ignored them since, i cant remember the other 2 off the top of my head.

Hi Stevieb1
Tracked you down...thanks to your post on the other thread.
Just reading the posts / catching up & would like to join this thread if thats ok?
Matt

MattyA

stevieb1 wrote: »

unless you already shouted them down and offered them a token amount of £1 each a month ...

after the fiasco of trying to claim on the PPI and getting nowhere i basically told them to shove the 20-100 a month payments as i wasnt earning/claiming any benefits and sent them the "token" payments letter. 5 out of the 8 accepted at once, 1st credit wanted 500 a month i just laughed @ the phone call and have ignored them since, i cant remember the other 2 off the top of my head.

Where did you get the token template letter from - is it posted on this site somewhere?
Matt

climbintheladderouttadebt

Well thanks everyone for the warm welcome, I'm gettin used to all the MSE stuff now and have to say what a great community to be a part of!

Have spent today going round in circles trying to sort out my Lloyds TSB current account and credit card and related charges, PPI and default notices. I am now officially dizzy!

How is everyone this week? ESO, I hope your assessment goes well, I'm sure it can be rather nerve-wracking! Have you 'subscribed' to any threads? There's an option to do so in 'thread options' or something similar up the top on the green bar.

I myself am at home at the mo, 7 months pregnant with baby number 2, a boy, and my 3 year old daughter. I'm really stressing about finances. My boyfriend and I want to move in together but with my debts and poor credit rating it seems I'm stuck in my rented flat for awhile!

I've wiped off 2 lots of unfair credit card charges so far (out of 3) but have so far been unsuccessful with bank charges. I also have 4 defaults on my credit rating, 3 of which I think stand a chance of being removed due to errors. One I am stuck with, I know, though I may attempt to have it removed later in the year if I offer to pay the debt in full.

I'm desperate to move on from my disastrous past and enjoy the future with my family. They are my absolute world and everything I've always wanted. I just hope all this hard work re debts pays off, I am feeling very swamped at the mo!

Happytogetdebtfree

Hiiii big hugs, hi matty welcome welcome tea and biscuits anyone? Don't feel swamped, are any o the debts with dca? Maybe theyvare deeme unenforcable? Look into it post an soa see if we can cast a fresh eye on it. How's the evening? X

climbintheladderouttadebt

Happytogetdebtfree wrote: »

Hiiii big hugs, hi matty welcome welcome tea and biscuits anyone? Don't feel swamped, are any o the debts with dca? Maybe theyvare deeme unenforcable? Look into it post an soa see if we can cast a fresh eye on it. How's the evening? X

Ooo tea 2 sugars please! Any jammy dodgers? lol!

Hi happytogetdebtfree, I'll do my SOA now and explain all in that hopefully. I do find myself in a position currently to offer higher repayments to creditors, and my debt free date is about 3 years away now, instead of 6!

The evening? Well I've tried relaxing with a book for a bit but cannot concentrate. I hope you're having a good one? My 3 year old is still awake also so I can't go to bed until I know she's asleep. I'm making the most of the time to continue trying to sort out money.

Watch this space...

climbintheladderouttadebt

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 1
Number of children in household......... 1(2nd due 3rd September)
Number of cars owned.................... 0

Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 575.42
Other income............................ 0
Total monthly income.................... 575.42

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 20
Gas..................................... 45 (this is due to council telling me to leave heating on constant all winter due to a mould problem, which council & landlords state is my fault but my neighbours know is NOT)
Oil..................................... 0
Water rates............................. 0 (still awaiting a correct bill, no idea what to even put aside for this!)
Telephone (land line)................... 0 (no phone)
Mobile phone............................ 50 (OK, I will try to drop this if Three will let me. If not, I think the contract runs out in October and will go cheaper or PAYG)
TV Licence.............................. 0 (we watch DVDs)
Satellite/Cable TV...................... 0
Internet Services....................... 35 (includes cost of laptop. think this also ends October-ish, also with Three)
Groceries etc. ......................... 100
Clothing................................ 10
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 15
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 5
Haircuts................................ 5 (I have mine done every 6 months and still do my daughters hair myself)
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 285

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly...APR
Lloyds o-draft.................1230.83...20........0 (now with Wescot, fighting for £450 in charges due to going 11p overdrawn whilst recovering from c-section with a newborn baby! plus erronous default on credit report)
Next catalogue.................1644.24...45........0
Capital One....................70........10........0 (hoping to wipe the whole £70 this month and get default removed as was issued with account in dispute)
Local council..................357.49....15........0(housing loan to move into my flat)
Wool'ch(Barc) 1st Cre..........1496.75...1.........0(all bl00dy charges which I'm trying to reclaim)
Littlewoods/very...............391.......10.88.....0 (with this and 5 other Shop Direct accounts, on an 'IBC' for 3 years. Been on it for about 6 months)
Choice.........................296.15....8.72......0
Great Universal................615.62....18.12.....0
Kays catalogue.................467.33....13.76.....0
Kays catalogue.................405.32....12.68.....0
Kays catalogue.................433.96....13.16.....0
Lloyds credit card.............581.01....32........0
Vanquis (Connaught)............213.32....20........0 (am trying my own 1 debt vs 100 days with this one! fighting to have some non payment markers removed on credit report, I fear Connaught Collections aren't keeping Vanquis updated re our payment agreement and that payments are received on time every month!)
Total unsecured debts..........8203.02...220.32....-

I pay no interest as accounts are with collections departments, DCAs or on IBCs with interest already lumped in

Monthly Budget Summary
Total monthly income.................... 575.42
Expenses (including HP & secured debts). 285
Available for debt repayments........... 290.42
Monthly UNsecured debt repayments....... 220.32
Amount left after debt repayments....... 70.1

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -8,203.02
Net Assets.............................. -8,203.02

Created using the SOA calculator at https://www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using Firefox browser.

Already I can see some changes I want to make within the next 3 months. I hate to see how much I owe, the catalogues are down to needing furniture for my flat, I couldn't get anything anywhere so went with catalogues, then let my ex manipulate me into screwing things up (not for the first time either!). My second child's due in 2 months with my OH, the most wonderful bloke in the world. We want to live together but cannot afford to do so because of the mess of my debts, defaults etc. I hate being on benefits and hope to get into work again a short while after this baby's born. Was looking end of last year and 1st few weeks of this year then discovered I was pregnant. I blame my OH lol he's in the Navy and only visits at weekends, or sometimes once every few months, and this was one of those times!!

Happytogetdebtfree

The debts that are with dca why nit see if they are unenforcable? :-) I know it's worth a try when with A dca, I've just got o2 simplicity :-) 20 a month. I would phone 3 up and see If they will let you change tarriff :-) also we pay 30pm for water :-) hope that helps keep plugging tv licence is 36 pee quater if you have a tv they may fine you because you can't prov you don't watch any of the channels can you, the good thing is you have some cash left over :-) x for better advice also post soa on a sep threa and people will comment and help :-). I'm sure we can reassure you things will get better :-) x