January Update

Yep, at the library again and my time is almost up so I will have to be very brief.

Tax Owing £1,828.95 To clear this by end of month

Credit Card 1 £4,155.95 minimum payment only /need to reduce the interest on this

Credit Card 2 £3,278.19 minimum payment only

Credit Card 3 £ 670.77 minimum payment only /plan to clear this in Feb

Flexiloan £1,386.74 minimum payment only /plan to pay half of this off in Feb

I didn't have the time to do an update for December and this one looks bad after last year's success at getting the debt down. Like some others who PF blog I find it hard to cancel my credit once I have cleared the account but really need to do this to get out of debt.

"Great news! As a valued customer of XXXXXXXXX, we are pleased to be able to double your credit limit ...... to help you make the most of your card."

Now I know we are in a credit crisis (aka a credit crunch) and here in the UK we are in recession, the banks aren't lending and so credit is tight etc, so how come little ol' me is still being offered credit? When I checked my online banking for another account, I found that I have a special deal loan offer available. It really is all quite mad. I am one of the lucky ones and not effected by the credit crunch (so far anyway). But there is credit around in small amounts I guess.