D
ddlo
Guest
Age:
44
Spouse’s/Partner's age:
50
Annual gross income from employment or profession:
E70,400
Annual gross income spouse:
Self Employed in Construction, erratic, no social welfare
Type of employment:
Self: private sector employee
Spouse: Self employed
Expenditure pattern:
Constantly struggling
Rough estimate of value of home
E400,000
Mortgage on home
E304,000 - 19 years left.
Mortgage provider:
Ulster Bank
Type of mortgage: Tracker, interest only, fixed rate
Tracker
Interest rate
2.5%
Other borrowings – car loans/personal loans etc
Self: Credit Union €54,000
Spouse: Credit Union €34,000
Spouse: Ulster Bank Overdraft €14,000
Credit Card: Halifax €6000 (this is now a loan and repaying €220 per month @ 10%)
Credit Card: MBNA €15000 (interest rate 12%)
Do you pay off your full credit card balance each month?
No
Savings and investments:
€4000 in credit union, about €3500 saved for kids communions, confirmations, emergencies
Do you have a pension scheme?
Yes, I pay E130pm into company pension scheme, topped up by 260 by employer.
Spouse froze his pension last year.
Do you own any investment or other property?
No.
Ages of children:
5, 7, 10
Life insurance:
Yes.
What specific question do you have or what issues are of concern to you?
We went to MABS today and they agreed to write to our creditors. Is there anyway we can get out of this ourselves?
We are not in arrears with utilities, or with our creditors, but feel there is no wriggle room in emergencies and the money does not seem to be there at the end of the month.
Thanks.
44
Spouse’s/Partner's age:
50
Annual gross income from employment or profession:
E70,400
Annual gross income spouse:
Self Employed in Construction, erratic, no social welfare
Type of employment:
Self: private sector employee
Spouse: Self employed
Expenditure pattern:
Constantly struggling
Rough estimate of value of home
E400,000
Mortgage on home
E304,000 - 19 years left.
Mortgage provider:
Ulster Bank
Type of mortgage: Tracker, interest only, fixed rate
Tracker
Interest rate
2.5%
Other borrowings – car loans/personal loans etc
Self: Credit Union €54,000
Spouse: Credit Union €34,000
Spouse: Ulster Bank Overdraft €14,000
Credit Card: Halifax €6000 (this is now a loan and repaying €220 per month @ 10%)
Credit Card: MBNA €15000 (interest rate 12%)
Do you pay off your full credit card balance each month?
No
Savings and investments:
€4000 in credit union, about €3500 saved for kids communions, confirmations, emergencies
Do you have a pension scheme?
Yes, I pay E130pm into company pension scheme, topped up by 260 by employer.
Spouse froze his pension last year.
Do you own any investment or other property?
No.
Ages of children:
5, 7, 10
Life insurance:
Yes.
What specific question do you have or what issues are of concern to you?
We went to MABS today and they agreed to write to our creditors. Is there anyway we can get out of this ourselves?
We are not in arrears with utilities, or with our creditors, but feel there is no wriggle room in emergencies and the money does not seem to be there at the end of the month.
Thanks.