We had our LBM Last night

Indebt1984

We in a bad way. But we gonna do it.

Had LBM last night why watch tv.

Here our SOA

HUBBY

1000

ME

560

EBAY

100

TOTAL

1660

DEBTS

A MONTH

EGG CARD

3500

75

EGG CARD 2

1350

30

BARCLEY CARD 1

2400

60

BARCLEY CARD 2

1100

50

MINT

500

15

THOMAS COOK

1300

60

LOAN 1

5000

60

LOAN 2

11000

160

EVANS

450

20

BURTON

350

20

CATUELOG 1

250

20

CAT 2

350

30

SOFA

700

25

TOTAL

28250

625

BILLS

GAS&ELEC

50

WATER

30

TV

12

SKY & PHONE

36

2 MOBILE

40

COOKER INSURE

5

TV INS

4

NET

12

POLL TAX

90

HOUSE IN BOTH

28

TOTAL

307

MORTAGE

640

We buy food from money from the bootfairs we do a sunday,
We dont go out, We dont drink or smoke.
Clothes from ebay now
We buy xmas & birthday gifts in sales in tesco and asda while food shopping


We dont have a car, We use mother in law for the bootfairs. lol

Feeling lonely now.

Indebt1984

All credit cards have been cut up and I have learnt my lesson bigggggggggggggggggggggggggggggggggggggg time!!

tigzem

You won't be lonely for long.... the experts will along to give you lots of advice and tips. Have a read of some of the diaries on here, they're really inspirational.

All the best, keep posting and reading... it does get easier xxx

Indebt1984

Thank you so much, I am worry what people might say,

immoral_angeluk

Here our SOA

HUBBY 1000
ME 560 Any chance of increasing hours?
EBAY 100 Is this regular? Any chance of increasing it?
TOTAL 1660

DEBTS
What are the APRs, and credit limits of these?

EGG CARD 3500 75
EGG CARD 2 1350 30
BARCLEY CARD 1 2400 60
BARCLEY CARD 2 1100 50
MINT 500 15
THOMAS COOK 1300 60
LOAN 5000 60
LOAN 11000 160
EVANS 450 20
BURTON 350 20

CATUELOG 1250 20

CAT 350 30
SOFA 700 25

TOTAL 28250 625

BILLS

GAS&ELEC 50
WATER 30
TV 12
SKY & PHONE 36 Cancel and go with freeview. Does this include your internet?
2 MOBILE 40 Drop down packages or get a home phone package with free calls.
COOKER INSURE 5 Cancel it. In the unlikely event something does go wrong claim on your house insurance (if covered.)
TV INS 4 See above note re cooker insurance.
NET 12 Is this your internet? If so get a combined package. For example we have internet, line rental, calls and everything for £30 a month with tiscali.
POLL TAX 90 Is this your council tax?
HOUSE IN BOTH 28 Both? You have 2 house insurances? Either way it seems high so shop around for the best deal.
MORTAGE 640 Would a remortgage be an option dependant on what APR you're on? Repayment or interest only?

TOTAL 947
Debts 625
Total outgoings - 1572
surplus - £88

If you don't drive do you have public transport costs to figure in? What about entertainment, food, treats, savings... etc etc.

Indebt1984

We both walk to work
We on a fix rate plan for mortage for another year at 5.94 with first national,
No extra house going at the moment, £100 Is the lowest i get a month sometime it can be £300 a month.
Insure are for cont & buliding which i will be renew in oct with quicdo
we got sky the basic pack with the phone line and £5 for unlimit calls we cant get hte net in the area for sky yet. That why we paying £12 for the net on top.
Tv insure cos 2 had 2 tv blow up with in 3 years and they are not to cheap to replace. That the only tv in the house
Mobile phone is rental one is £15 a month with 600 text 100 mins and other is £20 a month 1000 text and 10o mins free. He need one for work.
council tax is poll tax could not think of the name.

Indebt1984

EGG CARD 3500 75 14.9%
EGG CARD 2 1350 30 14.9%
BARCLEY CARD 1 2400 60 20.9%
BARCLEY CARD 2 1100 50 29.9%
MINT 500 15 15.9%
THOMAS COOK 1300 60 11.9%
LOAN 5000 60 7.9%
LOAN 11000 160 6.9%
EVANS 450 20 think it 24.9%
BURTON 350 20 24.9%

CATUELOG 1250 20 24.9%

CAT 350 30 24.9%
SOFA 700 25 0% for 3 years be pay off in 34 months.

elsien

I'm not an expert, so can't offer any real help, other than to say well done for starting to sort things out.
I'd give up on the tv insurance though, and if your telly blows up again, look for one on freecycle. It won't be the newest model out, but there's usually some decent sized ones floating around, and if it's watchable it doesn't matter how old it is.

Indebt1984

Nope we dont go out, We dont have treats we clear over £2500 in the last 6 months. And last night we made up our mind that we gonna clear the debt asap. Dont like living the live of watching the pennys. We have just finish doing the house up. We put in a cheapest kitchen and bath room suit, hubby done most of it. Need a new fench in back garden which cost over £1000 to do. Which went on a credit card but it need doing cos people from the road could see in the garden. I didnt feel safe,
I had to give up work in september last year for 8 months due to having breast cancer and we live on ebay and credit cards. Which now i back at work doing 28 hrs a week. Still weak and feeling low but im doing all this cos i want to be debt free one day. And i will.

Sorry i stop rant,

immoral_angeluk

Info about the sale of goods act.

http://www.berr.gov.uk/consumers/fact-sheets/page38311.html

Indebt1984

Info about the sale of goods act.

http://www.berr.gov.uk/consumers/fac...page38311.html

Thank you gonna cancel it today. In hubby name so got to get him to do it.