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

hypno06

£11 overpayment to Evil Egg today............baby steps!!

lemma1968

Another £100 off today. Sig updated.

You know what they say, take care of the pennies and the pounds will take care of themselves.

sarahs999

Finalllly, something to report! £365.07 off the flexiloan. Its not listed below but it's the only one of my debts that is costin gme interest at hte moment, so it seemed like a good thing to do. Only £163 left on that now, hope to clear it next month. :T

lemma1968

Another £190 off today. Sig updated. We WILL all get there :T

hypno06

Absolutely Lemma - we WILL get there!

Nothing for me to report today, but hopefully a little bit tomorrow.....

Sarahs, it will be good to see that flexiloan gone!

:T

Karmacat

I haven't updated on here for ages, I've been a bit lost with it all, actually. For ages, my sig has read that I've paid off £1640. After sitting down and working it through I have good news - its actually £3,660! This is:
661 - regular payments to Northern Rock loan
3 - I asked Nationwide to change the way they calculated my overpayments (ie stop taking them off my monthly payment) and this is the result so far. Baby steps indeed ...
2000 - off my euro mortgage in France. I'm a bit confused about this one. Monthly capital repaid for the first quarter of this year was around E285 each month. From April onwards, its more like E435 per month .... I mean, thats very nice and all that, but !!!!!!? I really hate that mortgage.
1000 - overpayment on the English mortgage.

Anyway, there we are. A *lot* better than a slap in the face with a wet fish!

I've decided not to use the overpayments on the mortgage (now standing at more or less the same as the Northern Rock loan) to repay the N Rock loan - I might need that amount of money in a hurry if something disastrous happens (like my precarious retaining wall collapsing) and if I had to borrow it again, it would be at a much higher rate of interest. And it wouldn't *save* me any interest to repay early, so they can s*dding well wait for their money! :cool::cool::cool:

I'm pleased with the debts going down. And as soon as Bones finishes on Sky One, I'll be stopping my Sky payment, and that can get lobbed at stuff as well.

hypno06

Things are heading in the right direction, KC!!

Another £25 off the debt for me today as my payment to virgin 0% card was made.......:T

Karmacat

Well done Hypno! My word, look how close you are to the £31000ssss. Tomorrow, do you reckon?

sarahs999

I was thinking - we're coming up to the halfway mark in June - would it be possible to update the front page with how everyone's doing? We could either put the amount we've paid off so far or the percentage, or something like that. A bit of an incentive to get on with it and reach our targets and see how everyone else is doing? I don't know if that would be horribly too much work Hypno, if it is, I'll get my coat....

greent

sarahs999 wrote: »

I was thinking - we're coming up to the halfway mark in June - would it be possible to update the front page with how everyone's doing? We could either put the amount we've paid off so far or the percentage, or something like that. A bit of an incentive to get on with it and reach our targets and see how everyone else is doing? I don't know if that would be horribly too much work Hypno, if it is, I'll get my coat....

Ooh I like that idea too!! (sorry, Hypno!)

Nothing due here fro me until month end time, when I shall update again

Well done, everyone!:T:T


greent