From broke to better ..a journey

FacelessNumber

I think it's ok to slip up occasionally on spending, you've recognized it and can move on! Also really positive that you were in a better position than last year for the water bill - you're doing a grand job!

lillypoo

Decided to start paying Cabot this morning. They now own 2 of my 4 debts. One other is not yet defaulted (over draft with black horse bank ..haven't touched it fir ten months but will soon write to them and ask them to consider defaulting so it can be added to my dmp). One other with a different bank is a CC which defaulted and was passed to wescot then passed back. Have heard nothing from them since before Christmas.

I'd have liked to have delayed paying but to be honest need the accountability. 

One of the smallest debts I have is a cc for 750. I paid Cabot £10this morning then tried to set up a scheduled payment online but they wouldn't let me set one up for less than £150! That's ten times what the minimum payment was each month before defaulting. Very odd.

Oh well. Not sure if I feel relieved or sick or resigned to what it is. But here we go. 

Emmel

I have 2 debts with cabot both circa £6k, but when i set up my payment it was a minimum of £30 per month as I didn’t fill in an SOA. Weird they are asking for such a large amount

lillypoo

Emmel I think it must be a glitch because my other debt is more than 10 times bigger and it didn't require me to set up a payment that high. I'll try again ttomorrow 

Emmel

Fingers crossed you get it sorted out. 

lillypoo

Well it's a year since I stopped payments on all my non priority debts. I've settled into better budgeting habits thankfully, have a small EF and the fund for a replacement car is slowly growing. I also manage to save enough each month to cover essential bills as they come in over the year.

Mr marks and s bank defaulted me after about 4 missed payments. They then sent the debt to wescot to manage. Wescot contacted via text , letters and phone calls fir a couple of months. Then gave up on me and said they'd be returning the debt to m&s. This was before Christmas.  Since then there's been nothing ! Not sure if this is normal,  but I certainly will not be contacting them. 

Enjoying a little sunshine today and being able to put the washing out to dry on the line. It's the little things!