Saturday 18 August 2007

August Update...

(I have been having problems getting back on this site hence my delayed update)
Well, new job and new address and new monthly debit payment amount - and it is lower than June and July by about £300.00. Because of this I have had to contact the Inland Revenue and reduce the monthly payment of £1000.00 that I had arranged with them, to £740.00. This means that I don't clear my IR debt until October.
In the mean time I have applied for and receive a Barclaycard (my first) but they would only give me a credit limited of £850.00 and when I phone them and asked if I could do a balance transfer this dropped to only £775.00. As my HSBC Mastercard has shot the interest rate up to 19.9% I felt any reduction in the balance was a good thing. The Barclaycard is 0.00% for 14 months.
So to date my total debt now stands at £16768.78 aprox. This doesn't include all my payments for this month. Will have to do a final total at the end of the month.
Because of my new job I have be clocking up a debit balance on my current overdraft which is not good. It stands at about £150.00 at the present. I will really have to monitor this one.
I am looking at a DFD in late September/October, I haven't include my Tax for 07/08 which will start to become due in January 08.