My Graduate (Post-Student) Debt Diary!

wooooooooo

just checked my bank balances this morning, and whilst I am almost broke in my current account, my barclaycard has dropped to near £50! the !!!!!!s just added interest on the balance, right in good time before the MBNA card automatically transferred the full balance off. Sneaky !!!!!!!s!

but hey, when payday comes around ill pay off that amount on the barclaycard then CLOSE IT! maybe sooner if I can help it! I can probably just BT the £50 onto the MBNA too, although it may be £100 minimum I forget.

but hey it looks like I'm definitely getting my MBNA card in the post this week, it probably arrived today. woo

then ill be paying that off at 0% :O! and then it will just take maybe a tad longer to get the halifax BT'd onto another 0%! then we will be away!! and no interest ever again!!

sauceoclock wrote: »

YES! This is such fantastic news, to look at where you were like 2 months ago to now is a fantastic improvement! Woohoo! No more horrendous interest payments on than horrible Bcard!

huge difference isnt it, shocking what finally getting on the electoral roll properly, and getting lucky with a chunk of money to pay toward a card can do. i just needed that break, and it came for me.

i today went online to my barclaycard and reduced the limit to £200. which it let me do instantly, no surprises there. I might need to keep it temporarily to cover some costs, but most likely come payday I'll be able to just get rid of it altogether.

I want to have a CC that I can actually spend on each month if I want/need to - and just set it to pay off in full. So alongside finding a final BT CC, I'll be on the lookout for a purchases CC for some credit rebuilding and as a backup. But the limit is going to be something like £200 if I can help it, refusing any increases. £200 is a fair amount that if I even went to that limit I could pay it off on a payday and still be ok (I'd set it to pay off in full each month).

I worked out too that my new MBNA card only does minimum payments, or pay in full via direct debit. Hah, funny little !!!!!!s aren't they? Nevertheless, I'll just keep an eye out for when my payment due date comes in, then I'll let the minimum payment do its thing and when it comes time (see snowball calc above) I'll setup a standing order to it to pay extra.

This month paycheque will seem like just paying off the Barclaycard to bring it back to £0. But I'm going to try throw at the CapitalOne with any extra incomings, as I really want rid of that ASAP(!) and then everything will be clearer and I will have officially got rid of one card completely.. Then operation 0% the Halifax card will come into effect.

surprise surprise finally get an email from ombudsman, gave them a quick ring and only now FINALLY are they going to be looking into the case and escalating because barclays have made no attempts to contact me. but now ombudsman should tell them again to respond, and they have another 8 weeks to respond.. bleh will get there eventually with that, put it on the back burner.. could be some extra dosh to put towards debts though.

two more days till pay day!! so much stuff i need agh, i can never afford anything though.. this is why i need to start working on bringing in extra income.

in other news initial interview for a job next week, which is good! a potential 1k increase.. but any which way if they're cool people and the work sounds interesting then id take the same wage again probably ha - i just desperately need a change.

haha I stabbed myself in the foot here I got a takeaway last night :P a big chinese order but its so big it feeds me twice, got meals up until sat now. but yeah its great to just throw things together and try new things, makes it interesting and often cheap.

yeah well at least now ombudsman are going to do something. just getting them to say "yeah ok we'll get involved" has taken months. ill just leave it on the back burner and check it every so often, cant be bothered with letting it annoy me ha.

yes I've just had a thought that I want to get rid of the capital one almost immediately, because its less than £200 now and i can pay that in full. but I need to be able to rely on my barclaycard, and I've already racked up over £100 on that.. I'm going to have to ring barclaycard and ask if I can increase it to £400. this way, I will get rid of the capital one immediately, and the extra on the barclaycard will be there incase I need to use it seeing as I'll have less cash after paying off the capone.
the interest is less on the barclaycard after all (by a % or two), and I plan to keep using it for the time being anyway because I need the safety net.

I'm out for a work thing tonight but if i get back in good time, or tomorrow, I'll give barclaycard a ring - ask for £400 then I'll be golden to pay off the capone immediately and close it and get rid of it forever!