NEW - pay off £20,000 (ish) by Christmas 2009

theskintfamily

£421 paid off my loan today, will be so happy once its gone but still have another 47 payments to go :eek:

Batfink

Hello everyone,
Hope you've not munched all your easter eggs yet!

I've just raided my savings and paid off my Cahoot loan - there was just over £1,000 left to pay so that not coming out of my account each month will pretty much off-set my pay cut which is handy.

So - I'm down to my last card - American Express. £2328.11 left on that, which must also be the amount left until I complete this challenge. Excellent.

x

lemma1968

Batfink wrote: »

Hello everyone,
Hope you've not munched all your easter eggs yet!

I've just raided my savings and paid off my Cahoot loan - there was just over £1,000 left to pay so that not coming out of my account each month will pretty much off-set my pay cut which is handy.

So - I'm down to my last card - American Express. £2328.11 left on that, which must also be the amount left until I complete this challenge. Excellent.

x

:T:jWell done Batfink:j:T

I have managed to pay off another £250 today. I have updated my sig.

Enjoy your day everyone xx

Batfink

lemma1968 wrote: »

I have managed to pay off another £250 today. I have updated my sig.

Enjoy your day everyone xx

Well done to you too! Looks like we're both on a roll today.

x

lemma1968

Batfink wrote: »

Well done to you too! Looks like we're both on a roll today.

x

I wish i was only a couple of grand away from my total for this challenge.:rolleyes:

Never mind - i'm sure my day will come. I can't wait to see the back of my MBNA card. Its costing me a vicious 24.9% pa in interest :eek:

The swines!:mad:

Its gotta go though.

Good luck on your Amex kiddo x

pania

Yay!!! in this world of no pay, and despite not receiving a weeks pay until tomorrow I have paid an extra £65 off my debt today, and have £54 saved in my tin. so a total of £119 off!!! yaa hooo. (shame it was just delayed contractual payments...) oops.

sarahs999

Well done everyone, you're keeping the pace up! Slow month as we were easter DIYing and the money I saved went on that instead (but how great did it feel paying for everything up front with mney we'd saved, and not having to scrimp around for cash cos we'd skinted ourselves!). More being saved as we speak; challenge has become a lot more doable since DH got on board nad diverted some of his gig money straight into a savings account I use to hoard overpayments money for the month.

The new challenge is to pay off the Cap 1 card before the 0% runs out at the end of Aug, and DH has just told me he'll have an extra 900 coming in in June, so it suddenly seems quite doable... starting to see a very small light at the end of the tunnel now!

lemma1968

Well done folks!:T

Even in these tougher times we are fighting back. It has to be done. The consumer has been at the receiving end for far too long. Have you ever heard of Montezuma's revenge? This website is Consumer's Revenge!!!!!:T:T:T

I have managed another £250 today off my debt and updated my sig.

I have cut right back on grocery shopping and we don't go out so all our money is being diverted to the debt!

It MUST be done.

Have a great Friday everyone xxx

angelicmary85

I'm not going to read the other 82 pages of this but I get the general idea. I just wanted to say that all of you are doing amazingly well, best of luck with the goals you have set yourselves! x

sarahs999

Thanks angelicmary - are you joining us??! Not too late...