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It wasn't a garage though. I meant get permission for what's going to be built and not convert it.
That's better.
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It wasn't a garage though. I meant get permission for what's going to be built and not convert it.
That's better.
Soldato
Spending the morning updating invoices, purchases etc, first year of trading so it's interesting to see a good overall picture of whats going in/out the bank accounts. Should probably look at an app like quickbooks or similar to help make it easier, currently keeping paper copies of everything.
Permabanned
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- 9 Aug 2008
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Yeh no. Don't keep paper copies.
Soldato
My ex insisted on cutting my hair, tbh i just leave it but it grows alarmingly bushy, she compared me to a hair bear bunch member and that's pretty accurate but also it takes me back as i loved that show along with many others like whacky races,
Mutley was my childhood nickname btw due to enthusiasm for show and my attempts at impressions
Mutley was my childhood nickname btw due to enthusiasm for show and my attempts at impressions
Soldato
Soldato
There’s so many opportunities in my life that needed a Muttley snigger
Soldato
Yesterday, dad had a hospital appointment at 9:50 so got a bus just after 9. When bus turned up, he offered a couple of elderly people to board before him. They said they are waiting for the first post 9:30am bus. Post 9:30 is the time for free travel
Why are those elderly people standing in the freezing cold for at least 30 mins is beyond me.
My dad paid for the outward bus and got return free.
Why are those elderly people standing in the freezing cold for at least 30 mins is beyond me.
My dad paid for the outward bus and got return free.
Soldato
And no, they didn't waive the interest because it wasn't an error made by them. The only thing they could be accused of is making it intentionally complicated and not stating clearly the amount required to clear the purchases. I gave them that feedback for free.
That's a shame, i made a similar error once and Amex waived the interest.
A point others may have known of, but I certainly didn't ---Talking of errors, I was on the phone to my credit card company for almost an hour to find out why I was charged interest. I always pay the balance of any purchases off in full to avoid paying interest. Turns out a small error I made (I'll admit it) meant that I was £9 short of clearing the total purchase balance, for which they charged me £30 in interest. Remember, if you spend £1,000.00 and only pay back £999.99 of it on time, they'll charge you interest on the whole £1,000.00.
I had an MBNA 0% card. I maxed out the 0% side of the card and wanted to spend £30 on some food or something. I paid the minimum payment + £30. They charged interest on the full £30 less a marginal amount. I did say that the first half was 0% and the payment should clear the highest interest paying stuff firstly - but apparently they calculate that on a pro-rata basis. So x% of the 0% and x% of the £30 --- rather than 100% of the interest applicable stuff and anything else chips the 0%.
It basically means if you get a 0% card with them and you max out the 0% portion, the card is of no further use.
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Soldato
I only found out about it when i fell foul with Amex. Although in hindsight they may have waived it for me, as i got a refund after the statement date that i was expecting and so factored that into my payment.
Didn't know that actually about the 9%, i always thought it applied against the high interest stuff first too. Maybe just MBNA being rubbish?
In other news, i got my Amex cashback last week, was excited at it being £450, until my brain then clicked how much i must have had to spend to "earn" that much
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I know, I was so sure I was right! Perhaps if it were Amex they would have been more sympathetic. In anyway, since it's a cashback card I'll earn enough to cover the interest so I haven't technically lost anything, just not made anything.
It was an interesting error of assumption in my spreadsheet rather than a calculation error, that any payments go to the highest interest element of a balance which is by law. However it doesn't apply to purchases made after the statement date and any overpayment will go a different balance, the 0% element in my case. In my spreadsheet any overpayment stayed with the purchases incorrectly which led to calculating the minimum incorrectly. The purchase I missed compounded the error.
Was that before the law changed? They must pay apply any payment to the highest interest element first at the time of the statement date. If they were to say take 60% of your payment towards purchases and 40% towards the 0% balance, they wouldn't get away with that nowadays. Perhaps you mean they charge you interest at different rates per element if the payment doesn't cover the minimum?
Using some arbitrary numbers for clarity, imagine there is a 0% element of the account of £5,000. You make purchases of £125 which makes the total balance of the account £5,125 at the statement date. The minimum payment (3%) is £123.75 which is less than the purchases you made by £1.25 so they charge you interest on the full £125.
If you would have paid £200 (minimum payment + £76.25) then the £75 (payment - purchases) part will go to the 0% element of the account and not any purchases made after the statement date.
The statement date is critical as the balance on that day must be used to calculate how much to pay to avoid interest.
Taking the above example, the balance on the statement date is £5,125, the minimum payment is £123.75 and purchases of £125. You only need to pay an additional £1.25 to clear the purchases to avoid interest. I've made a payment of 10p to clear the balance before!
It was resolved over the phone so I do not have a transcript - but here is the example:
It was resolved over the phone so I do not have a transcript - but here is the example:
That's very confusing, not being in order. I presume the 15th December is your statement date as that's when they applied interest, yet they took the direct debit out on the 10th December. Amex are guilty of this but worse, they take the direct debit out more than 2 weeks before it's actually due. Gotta earn that interest!
Soldato
Was walking through Newcastle town centre when two women, mid to late 20s, walked out of a shop and started walking a few metres behind me. I stopped to look in a shop window and as they passed one nudged me and said quite loudly, "Nice arse". This didn't bother me in the slightest, quite chuffed to be honest, so I will not be running to the papers screaming and wetting my pants about #MeToo. But it did get me thinking, if this was reversed, i.e., two lads saying the same thing to a woman, then the entire exchange could have ended rather differently.
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Caporegime
It’s all the walking paying off.
Soldato
Tell me about it, not only have my legs got more muscular and toned but the old 'arris got a lot firmer and I've also dropped from a 38" waist to a 35-36" in the space of three months.
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Soldato
- Joined
- 25 Sep 2012
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- 3,200
I bet you were a little moist though?
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