I’ve opted out of credit increases, if it’s not easy to select online then call them to decline future increasesCredit cards= 3k
Club books/ catalogues = 7k
Due to receive £6,500 in mis sold PPI any day now so will use that to pay off as much as i can.
Trouble is my credit limit increases just before xmas so its very tempting to shop but resisited the temptation.
This is relatable to me as a single parent to a teenager. I am always around 3 grand in debt at any given time....clear it and then it’s Christmas again. I always put his presents on either my argos or very account with the interest free option. He loves a gadget and I’ve always got him the same as his friends have who have 2 parent households.Long time lurker first time poster here. Interested in people’s replies on this topic to see if my situation is normal. I’m 33, single mum to 16 year old since the age of 18. I have 2 credit cards (around £2000 each) very account of £750 and a £250 overdraft. Rented home and two jobs. Trying really heard to pay it off but there’s always something.
My bank keep sending me messages to upgrade my account where there is an option for an overdraft as my current acc is a basic one - i have refused it as i don't want one.You can opt out Lynsey, that’s probably the safest thing to do, if you can. I nearly fell into a big trap with my bank basically telling me to get an overdraft and I don’t need one at all! Fortunately, I’m now starting to pay off enough to get better deals and get 0% transfers which is a lifesaver.
I dislike this as they make you feel, or me at least, like I should do it or that I’m ‘entitled’. It’s poor on their part in my opinionMy bank keep sending me messages to upgrade my account where there is an option for an overdraft as my current acc is a basic one - i have refused it as i don't want one.
Yeah i dont see uni loan as a debt as it clears after so many years, and if you earn under the amount they dont force you to payStudent loans and mortgage debt but I don't really count them as proper debt if that makes sense. £75 on my credit card and thats it really. It took me a few years to clear debts after being stupid as a student at uni and being a 22 year old single parent. Now I try and buy most things outright
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?