11 years a slave - end of my journey from £103,500 in debt

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Comments

  • Robots
    Robots Posts: 76 Forumite
    First Anniversary Combo Breaker Rampant Recycler Wedding Day Wonder
    What a FABULOUS story. Gives me hope that I will feel like this one day :D
    Veteran gamer and clean freak :kiss:
  • shomic5
    shomic5 Posts: 1 Newbie
    A very very painful 4yrs and 2 months but finally it is gone....

    Top Tips for Lloyds Bank Customers:

    • DO check your PPI - Lloyds one paid of my overdraft debt
    • DO check if you have ever had an account you have to pay a monthly charge on - mine was refunding (Lloyds again) and that paid off credit card debt with Lloyds (ironic karma!!)
    • DO ask Lloyds to stop charging interest on your debt - they were audited recently and agreed they should have stopped and consequently paid £3.5k back me, allowing me to settle my DMP debt 8 months early
    • DO NOT go with a DMP company which charges you for handling your debt, I used StepChange a wonderful, wonderful government run charity - absolutely no fees!!!

    DO hang in there and keep smiling ...

    MS (Proud to be "Debt Free")
  • Iamzee
    Iamzee Posts: 62 Forumite
    Story with lots of hope.. I've read it twice and it just feels so inspiring.
  • jony1618
    jony1618 Posts: 12 Forumite
    congratulations for being debt free. one question, how did you get that sort of credit? ddi you have lot of earning or what did you do to get big credit?
    regards
  • System
    System Posts: 178,089 Community Admin
    Photogenic Name Dropper First Post
    This is amazing, well done !!!
  • debtfool
    debtfool Posts: 1 Newbie
    This has just made me cry, hope i can do the same xx
  • MrsLWW
    MrsLWW Posts: 86 Forumite
    The biggest congratulations - what a journey! And what a feeling you must have!!! Xx
    Debt peak approx £30,000 :eek: now debt free!!! :j
    My parents always said "If you can't afford it cash, you can't afford it!" so true!.... mind you, turns out we can't afford much lol :rotfl:
  • Teatea
    Teatea Posts: 1 Newbie
    Well done. Definitely inspiring me to get out of debt
  • chocolate_teapot_2
    chocolate_teapot_2 Posts: 6 Forumite
    Thank you for sharing your inspirational story and good advice.

    Well done you.
  • armouredbeast
    armouredbeast Posts: 20 Forumite
    Combo Breaker First Anniversary
    WOW CONGRATULATIONS!

    My debt is only £6900, but I am determined and motivated to repay back every single penny! Thank you :)
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