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

kashton_2

2nd payment to cc for me today, sent the £38 i had hanging around in my savings, better off the interest on the card than the 2p they gave me last month for my savings!

Once i am back in credit i will start adding it up again, then i can make another nice extra payment!

Double_Trouble

Finally made a small start to this challenge. Also managed to get a 0% deal from HSBC so have cleared 2 credit cards with that so all cards are now 0% or LOB. Calculated monthly CC interest down from £838 :eek: to £150 and looking to reduce it further so that as much of my monthly payments go towards capital as possible.

DTxx

kashton_2

Another £30 off for me today, tv payment went out, managed to get another month knocked off my snowball as well, thats 2 this month!!
Things will slow down for me till next month now but i am SO looking forward to more payments,

Merry xmas everyone and keep up the good work

Puzzledbubbles

Hi All,

Not good news from here today, got our payslips and no Christmas bonus at all this year.

Im much happier to still have a job what with the current climate, but that bonus was going to go straight to my overdraft so im just going to have to work that bit harder from now on.

Have still got the telephone appointment with the bank on Fri to discuss changing the cc to a loan allowing me to get rid of the cc completely and then focus on putting any extra cash into my saver to start doing lump sum payments as soon as i can.

Well done to everyone for this month, i have even managed to pay more than i thought i would lol

xxxx

hypno06

drat on the lack of bonus, puzzledbubbles, but as you say, we have to be grateful that we get our salaries right now.

madmich666 and debtfreeme - sorry to read your redundancy news yesterday - I hope you can get things sorted pretty quickly.

debt_free_me

Hi all

Found out yesterday my job is safe, just waiting to hear the money side of things. Still not feeling stable in my job at the mo though as I don't trust the people who have bought us not to close us in a few months anyway (as one of the buyers has been known to do with another company before) but at the moment atleast I am not jobless.

I hope all goes ok with you madmich66

richestorags_2

Hi Hypno, can you please include me for 20k? I think I was missed tucked away on page 17! Thanks.

mel19632

Paid £150 towards dreading MBNA card today - still loads left on it though - drat!

sarahs999

Thought I was doing really well on my account this month - lowest overdraft (for this time of hte month) since Feb - but just realised I have to pay £99 for a remortgage applicationf ee. Bum. Still, the new mortgage is about to save me £200+ per month, so pleased about that. Will be puttin gthe extra towards debts of course...

sheepchick

im late ons eeing this challenge, but can i join please? I wantot pay off £20K by next xmas!

:beer: