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

In_Search_Of_Me

If on ave people pay 10,000 that will mean 700,000 less for the banks next year! How cool is that eh...consumer revenge in a big way! Mine at zero and I suspect will be for a while as just paid so its 20 Dec that my figs will shift although may have some quidco money to contribute! Will check tonight!

Earthstrong

Ok everyone, I tried to start this challenge today but couldn't get into my online bank account - so wil have to wait untill Monday so I can make payments using the office PC. I have 2 cc one on 0% interest and the other just ending.
I was following the old thread and managed to pay off £17674.87. I still have remaining debt which I will transfer to this new challenge the rest will be paying overpayments on my mortgage.

gilly1964

Count me in too please - £18K

Gilly1964

brightpurple

I'm off and running. Have paid £200 to a friend and £65 to my mum. So £265 down only another £14,735 to go to reach target before Christmas 2009!!
Keeping a very close hold of the purse strings and am only buying absolute essentials. £20 this morning on petrol as fuel light on, (I have to have a car because I live in the middle of no where). £5 top-up on mobile phone. (Hardly use phone, just odd texts and emergencies but had no credit left!)
Will be doing Christmas on a tight budget this year, but hope that Christmas 2009 will be a little more prosperous for us all.

mel19632

Hi Hypno - i'm in for a big £20k x

hypno06

gilly, I have added you in! Mel, I have updated your target.

ISOM, that is a really good point - just think, this challenge thread alone could account for almost a million pounds LESS of debt this time next year. How fab would that be for everyone.

Forget Gordon Brown/Alisdair Darling with their pathetic 2.5% reduction in VAT........who needs them when you have a challenge on a DFW board :T

:money:

poorandindenial

I am just going to let this £20k one overlap with the other one as otherwise my brain will explode.

I will be making all my payments for December at sometime this week (probably after Tuesday) but am all impatient and want to do it now (anyone that is also on the paper hat challenge will have seen my impatient angst and ditherings) - payments for December should be about £1600 - hurrah!

I think am going to go make my £20k include both capital and interest just because it is simpler for my poor aching brain, it will still take me well below £10k though, maybe even below £5k.

Well done to everyone that has already made headway.

TheGiggsLady

Hi,

Can you put me down for £30000 as well, if we make this I will have cleared eveything and have a nice little stash! :T Here's hoping!!!

Thanks for the challenge

TheGiggsLady

hypno06

TheGiggsLady - I have added you to the challenge! Good luck :T

boredofbeingathome

hypno06 wrote: »

gilly, I have added you in! Mel, I have updated your target.

ISOM, that is a really good point - just think, this challenge thread alone could account for almost a million pounds LESS of debt this time next year. How fab would that be for everyone.

Forget Gordon Brown/Alisdair Darling with their pathetic 2.5% reduction in VAT........who needs them when you have a challenge on a DFW board :T

:money:

That is some thought isn't it...I think the govt should come on here:cool: