Time to banish the debt.

Rhyddid2026

Congratulations 🎉 

flamingo22

Rhyddid2026 said:

Congratulations 🎉 

Thank you ☺️ 

honeybee1234

I just saw your wonderful achievement and wanted to say well done, that's some great dedication, you must be feeling wonderful right now 🙂 Grab that feeling and use it looking forward! 

biggerpickle

@flamingo22 congratulations on clearing the abound debt !!! what's next on the hit list? 

Just read your diary and am totally with you on the roller coaster of emotions ploughing through debt. You are doing brilliantly with all the little extras you're doing too like surveys and vinted, I only do yougov as I have no patience for anymore and don't need to vinted anything as all my stuff gets worn out / conks out.

flamingo22

Onto the next loan now and just overpaid £85.00, long way to go yet but it's something, although it's a little annoying as it can take up to 7 days for the payment to be processed. 

Currently waiting for a switch payment for Santander, this is the longest I've had to wait for a payment and I'm in the middle of another switch too, confusing myself a bit with all the direct debit changes and it's hammering my credit score but it's not like I need any more credit 🤣🤣
Awful day today so me and the little one are going to have a rest day in our comfies and wait for our food delivery - fed up of the price of food these days, but that's a moan for another day. 

flamingo22

Sunday night anxiety has definitely hit me today 😒 I can't decide what is the matter with me, is it the debts, is it the never ending housework, work stress or the fact that me and hubby seem to be drifting apart and living separate lives, (we haven't been back together that long, which is a concern). Or is it because January is such a depressing month OR it could be that I'm 40 in a couple of weeks and feel mortified that I'm in this position with my debts. I have next week off work which I'm looking forward to catching up on the housework and decluttering BUT the amount of preparation I have to do at work prior to leave is ridiculous, I work in a service where we manage our own caseloads and this often hinders annual leave and days off, you can't switch off for fear of what you're coming back to and sometimes find myself logging on whilst I am off to ease the workload when I am back, which defeats the point of leave, I need a new job to protect my sanity but I cannot afford to get a lesser paid one at the minute and with all the cuts at the minute a lot of trusts aren't taking on, so I feel that I am stuck, stuck with my job, my debts and my anxiety, it's miserable and at times I feel that I'm just existing and not living, debt is evil.

weenancyinAmerica

Just imagine if you were in your seventies with that kind of debt. You caught it early enough to make a difference. Maybe loosen the purse springs a bit and go out on a date with the hubby. Is there something you would both enjoy? Sending you hugs that it all works out.

Naomim

Firstly, we'll done on clearing the Abound loan. What an achievement 👏 👌 🙌

I think so many of us struggle with January, between rubbish weather, the long slog to payday and clearing debts, it's overwhelming.

Hopefully you'll feel better once you've moved onto the next debt and see it coming down.

flamingo22

Not updated for ages but still been reading diaries. Not much has changed in the land of debt, theyre still there unfortunately. I have started to make affordability complaints and I have sent my first one off to the FOS due to the company stating their loan was affordable, let's see what happens there.
Work is still bleurgh, daughter is currently doing her GCSEs and all seems to be going well.

I'm feeling that these debts are never ending and that my debt free date is years away when potentially it's only two, however I am left with very little and struggling to get through the month and that it's making me consider a self managed DMP, I've been reading through other diaries and I feel this may be the way forward. I'm just looking through my options and in the meantime hoping I have a lottery win.

flamingo22

So my debt journey has taken an absolute U turn, in the past year I have paid off £24870 in debts, however a lot of this was interest and I was short every month, which led to a couple more loans and spending on my credit card. The debt has been affecting every part of my life, I've recently been prescribed Citalopram and it's allowed the fog to clear if you like and has helped me to make some big decisions without the constant anxiety. So I decided that I am going to self manage a DMP and this is my first month of doing so. All debt direct debits have been cancelled and the money transferred to an isa. I cannot begin to explain the relief that I feel, I feel lighter than I have in years, I can go to a shop and buy my children clothes without feeling guilty, I can stop doing surveys at night to earn pennies, I feel like I can breathe again.
My initial worries about not doing this sooner was feeling guilty, I borrowed the money, that was my choice and the money is all going to be paid back but on my terms.

I've had a few calls and emails from the loan companies but they're being ignored until I have been issued with defaults.
This is not the way I had planned to pay off my debts, but I feel like I had no choice, I couldn't go on with the way that they were making me feel and impacting me a person and as a mum.