Danielle24
Registered User
- Messages
- 209
Hi,
This isn't really a major problem, but it could be if I don't pull up my socks. I cleared a loan I had but because I have my loan account set up on my online banking profile I am able to take money out of it which I have done. Obviously doing this every now and again and having to pay it back every month has a snowball effect and I have to pay out more each month, stupid I know. Well I took a small loan out of the credit union with the intention of clearing my littlewoods account, getting the bank to close off the loan account altogether and keeping a couple of hundred to tide me over the month. I currently pay around €30.00 a month off my Littlewoods account and the credit union would be €95.00 so don't think its the best idea. I haven't cashed the CU cheque yet as I don't want to end up straddled with more debt. Any advice on what to do.
Here's the figures and status at the moment
Bank - 00
Loan - Currently owe €339.69, owed €80 of this by someone which i'll get next week
Littlewoods - €319. Paid small amount off it today
Credit Union cheque - €550
It's another 3 weeks until I get paid and I don't want to run up a load more debt on this loan and don't want to use all the credit union money if possible. Whats the best thing to do??
This isn't really a major problem, but it could be if I don't pull up my socks. I cleared a loan I had but because I have my loan account set up on my online banking profile I am able to take money out of it which I have done. Obviously doing this every now and again and having to pay it back every month has a snowball effect and I have to pay out more each month, stupid I know. Well I took a small loan out of the credit union with the intention of clearing my littlewoods account, getting the bank to close off the loan account altogether and keeping a couple of hundred to tide me over the month. I currently pay around €30.00 a month off my Littlewoods account and the credit union would be €95.00 so don't think its the best idea. I haven't cashed the CU cheque yet as I don't want to end up straddled with more debt. Any advice on what to do.
Here's the figures and status at the moment
Bank - 00
Loan - Currently owe €339.69, owed €80 of this by someone which i'll get next week
Littlewoods - €319. Paid small amount off it today
Credit Union cheque - €550
It's another 3 weeks until I get paid and I don't want to run up a load more debt on this loan and don't want to use all the credit union money if possible. Whats the best thing to do??