Debt free in 3 years?

sammiboo

I have calculated everything, are you spending your whole wage each month?

What do you owe each lender

I am sure once we get all this infor we can help you a bit more

Living expenses - do you know the cost of everthing individual rather than lumping everything together?

Littleluc21

I can break down my debts for you later and go into more detail. Also, anyone know anything about failed direct debits??

L xxx

southernscouser

Littleluc21 wrote: »

I can break down my debts for you later and go into more detail. Also, anyone know anything about failed direct debits??

L xxx

In what sense hun?

As soon as you get your APR's, go to the site angeladavis has linked and it will tell you to the month when you will become debt free.

Have a play around with it aswell to see how much quicker you could be debt free if you paid more each month!

Littleluc21

I currently live with my boyfriend who owns ahis place and I pay him rent. My Rent is £230 a month (including council tax, heating etc). OUr food shop is approx £150 a month which I pay for and I pay off £450 a month on bills. My living expenses are:

£25 Petrol
£34 Gym
£15 Beauty
£15 Cosmetics etc
£10 Saved for hair appointments / Make up!

L x

Littleluc21

Well I have done a most stupid thing and forgot I had a direct debit due today! I am £4 short in my account, it is with Bank of Scotland and was wondering if I get to bank on my lunch and pay in money will I avoid a dd charge of £39? No overdraft on account so it will be a failed DD!

Stressing out as poor enough without this!!!

L x

Littleluc21

Did the snowball thingy and it says can be debt free by November 2009!!! Most happy - that would be great as Don't want this hanging over me for three years really!!!

Chuffed but still upset about my direct debit, I really can't afford the charge!!! Boo

L x

southernscouser

Littleluc21 wrote: »

Well I have done a most stupid thing and forgot I had a direct debit due today! I am £4 short in my account, it is with Bank of Scotland and was wondering if I get to bank on my lunch and pay in money will I avoid a dd charge of £39? No overdraft on account so it will be a failed DD!

Stressing out as poor enough without this!!!

L x

I honestly don't know!

I'm not sure whether DD's come out first thing or end of play! :undecided

Go to the bank and pay in what you can and ask.

If you have incurred a charge, get on the phone to the bank and grovel and plead!

Tell them you are a long serving valuable customer etc and this is the first time you've ever had a charge (assuming it is) and will they refund it as a good will gesture. If they refuse then tell them (nicely) that you will proceed to start reclaiming it then.

Just remember to be nice. They are much more likely to respond to someone polite. If you can, start crying aswell! Make them feel guilty!

Kevicho

another hint, if you provide us with a list of those bills, then we may be able to help you work out how to make savings on them.

CLAPTON

some banks credit cash payments to your account immediately .. I'm afraid I dont know about BoS but it must be worth a try.
can you arrange a small overdraft which would stop this happening again?

Littleluc21

Bills aren't really my department, My BF is a total whizz at saving money so can assume he knows every way to save a quick buck - comes in handy some times!!! I really only pay £230 towards mortgage. He says will drop that by £50 in a few months so that could be used to whallop a debt, maybe a smaller one!

My loan is a fixed 3 year one, 2 years and 3 months left to pay on that so that one will defo be gone in 3 years!!

L x