A payment a day............

stacy

Hello,
im a bit confused ive been making extra payments on my hsbc cc all before my next payment date i payed.....£59.93 extra but my interest charged was still exactly the same!? how does that work, i thought it would be less.

Herewegoagain

Hiya guys,
everyone is doing so well, congrats to you all:T :T

I've put £1.00 into bag, £1.00 into sealed jar
£50.00 into DGS's savings account,( that child will be richer than me at this rate lol, but hopefully wont have to go through this eh guys:j )

And have been lucky enough to now have £200.00 saved so paid off mortgage account, I will get there I will

HWGA xx

Herewegoagain

stacy wrote: »

Hello,
im a bit confused ive been making extra payments on my hsbc cc all before my next payment date i payed.....£59.93 extra but my interest charged was still exactly the same!? how does that work, i thought it would be less.

That is so upsetting when things don't work out as you expect (((hugs)))
I think the interrest is worked out the month before and the extra you've paid will make a difference on next months interest but not sure, why not ring them and ask x

HWGA xx

Lelc

Morning everyone:hello: . It's really nice to see more people joining in. There's a real positive vibe in this thread.

Anyway, despite thinking that I wouldn't be able to transfer anything this week as I had no money, I have actually managed to transfer £5 yesterday and £8 today because I received the final ever payment for child benefit. Unfortunately we no longer qualify as my daughter is too old now. I also have about £40 sitting in paypal for ebay sales.:j

If you remember me mentioning the bank charges in the joint account, well I contacted the bank (Smile Bank) and they initally refused to refund any of the charges and then offered a measly £30 (the charges that I have worked out from the available online statements was £285 but I think there maybe more). :mad: So last night I set up a new account with Alliance & Leicester (£100 rewarded for moving the account to them and £50 through Quidco) and have now printed out the first letter to Smile to reclaim all of the bank charges plus interest.

Sad really, if Smile had offered me £100 as a goodwill gesture I'd have happily stayed with them There loss!

Mappygirl

Hi everyone,

I was wondering if I could join in this challenge to? You've all done so well and I feel very inspired!!

I've got £608 on a credit card and £700 on an argos card (0% until December) that I really want to clear, I do have online banking but I think a lot of my payments will be cash so will add it up at the end of the month.

I started yesterday and paid £20 into my piggy bank and today I paid £20 off my credit card!

So a good start YAY!!

havekidsamskint

Hi,

I've not posted for a bit, I'm really forgetful, however I have been putting my £1 a day into my sealed tin, must have about £30 in in now because any money I find lying about goes in!!

I am soo glad of this thread, it keeps you really focussed :beer:

gilly

moneymuddler

£4 added to savings and £5.63 put on my next account today roll on tomorrow :beer:

jtr2803

Hi All!! Newbie here I decided to get in on this and do what I can, this may be my only payment until next week but I figure something is better than nothing! Today I paid £3.22 into my ISA which is going towards a lump sum payment to my DMP...... :T

[Deleted User]

Welcome to the newbies! Great to see more people coming here to join in and become completely obsessed with little payments and debt-clearing!!! x

lornz23

Hi,

Please may I join? I have been reading all the posts and it has given me the jump start i needed. I have paid 20p today to my HSBC credit card which is @ £410 !! x