To ask how much you owe on credit cards ?

[anxiousmotherof1]

Getting to the end of maternity leave and i just realized i owe quite a bit on credit cards ! Dont think is that much but my husband is of the opposite opinion !
So how much you currently owe ?

Don't have a credit card. My earnings are too low so got turned down for one.

Any suggestions of 0% cards to move to? I have been paying a lot of interest and need to get it under control!

£200. Most of that is the Harry Potter studio tour tickets that I've just booked.
I'll pay it off within a month. I'm quite ruthless when I know I've got a credit card debt.

£12k. Slowly coming down and being paid off at £250 a month but tbf £6k of that is our car, we bought on a 0% purchases card and pay more back than the finance deal would have been without all the finance fees and interest charges on top.

We have around £9.5k, most of it is from home improvement spending recently. We have just transferred it to a 0%.

I had income appart from the last 3 months during which he was sending me the amount of my direct debits
Credit card was used for clothes , baby staff eating out etc .

0 because i dont have any spare cash to pay it off, i just have one for credit rating purposes and use it as a debit card as the entire amount is DD the end of the month.

None any more, very very thankfully due to some inheritance. It was about 3k and I don't know how I would have saved that much. Will never spend money on it that I can't pay off immediately again unless an absolute emergency

If it's 0% it's fine, but pay off before interest starts.
Your arrangement is fine if you earn about the same, or it's in proportion. You should end up with about the same spending money, unless he's very generous with holidays etc. Otherwise think about evening it up somehow
Sensible to keep some savings, but credit card interest is a waste of money. Make sure he's not getting a better deal, child costs should be shared

Zero - I don't even have a credit card. I've got a decent overdraft facility (unused) which is there for emergencies, and dh has a credit card which he pays off in full every month.

@gailforce1 mine was 40 months 0 % from virgin a year ago

£5k on credit cards and £5k on overdrafts. Trying to sell our rental flat to pay it all off!

Nothing. I hate the idea of credit card debt. Have never had it. I had one to build up my credit rating but always paid it off immediately.

About £200, but it's a card I put work expenses on, and it's paid off each fortnight when they do the expense run. one month it was over 500 and that made me nervous!

So in "reality", zero.

Each poster's number only really matters if you have the context of what their income level is though. Owing £1k if you earn £12k a year is a much more grave situation than if you earn £80k and owe the same.

Also, why are you in debt at the end of your maternity leave - what's the financial set up/split between the father of your child to ensure your are not penalized financially for bearing the child (assuming that you discussed who would be the primary carer/take time off work once you'd physically healed)..?

Zero but your debt was to cover your maternity leave.

You have the means to repay it and it is on a 0% so I think that is fine.

We are on a rewards credit card which is set to pay the full balance every month.

We are not big spenders and prefer to save then spend using the credit card to get the rewards and use the savings to pay it off.

We have been with the same credit card company for 20 years so when we did a kitchen extension we increased the limit to allow us to spend big, but the money for the extension was in savings.

Zero. I owe Very £75 interest free over 3 months. That's it. No overdraft, either. No debt.

I wonder what the feeling is re: my circumstances (upthread)- in short-£10kon credit cards due to sudden lone parent situation, relocation, new house had to be furnished, and TCs+ salary still not enough to meet (frugal) cost of living when nursery fees paid...

What is the mumsnet feeling in this situation? Because I think maybe there’s a lack of appreciation here for how useful they can be, when you have no other option...

Kind of with your husband here, if I found out my partner had put us into avoidable debt I'd be pretty upset

Ok there are a lot of posts about why am paying only . We both pay equally he has been paying everything for the last 3 months that i didnt have any income

Credit card spending got out of hand because of me ! Too much instagram while
On maternity leave too maby pretty baby clothes and fancy toys ;)
So my husband is not an asshole that doenst pay anything i promise

22,000 ouch!

I only use mine for buying online, as you get more protection that way. Anything I put on it is automatically paid off at the end of the month.

I do think over 5k on eating out etc is quite a lot.

My DH has £1200 on a credit card (before we joined our account) from when our family car continuously broke down and we had to fork out for several repairs and eventually a new car within about 8 weeks.

It will be paid off before Christmas.

I know people's attitudes towards credit card debt (I'm not talking about mortgages etc) are different, but to me a credit card is "emergency money". If I can't afford something I save up, look for a cheaper alternative or go without.

£7.5k 😢 all on very high interest cards - 39%
Paying very slightly over the minimum is still £370 a month. I have nothing left after paying them

Just paid ours off today. We'd put on around £1k to pay for our holiday but that's done now and all paid off. Probably won't use it now until next summer.

@Sciurus83 i agree that is why i will pay it off myself by not indulging like i used too once i go back to work