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One down, one to go

A great big thank you to Martin as I have had the great satisfaction of today writing out a cheque which is the last payment on one of my credit card debts. :j :j :j :j :j

I transferred my debt last year onto two different credit cards, both 0% interest for balance transfers of course! As soon as I received the cards I cut them up to prevent me using them for any purchases and it is a fab feeling to realise I managed to have a card for 9 months and not use it after the initial balance transfer.

Another 7 months to go and I am hoping to be completely debt free. :money:
MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳
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Comments

  • Congratulations, you did it!
    I'm an American living in Oxford using the exchange rate to my advantage. (As of 4 Oct 2006: 1USD=1.88GBP)

    Debts at highest November 2004: $29,464.51 _pale_

    26 June 2006: Down to $17,701.27
    Private Student Loan: $3,073.61 (7.83%)
    US Federal Student Loan: $14,627.66 (5.3%)

    4 October 2006: Down to $11,622.66
    Private Student Loan: PAID IN FULL!
    US Federal Student Loan: $11,622.66 (5.38%)

    Debt Free Date: 27 September 2007, my 25th birthday!
    :dance:_party_:dance:
  • Fantastic! :j Great work!

    :T :T :T :T :T :T :T :T :T :T
    Official DFW Nerd Club - Member no. 002 :rotfl:
  • Annie_Fanny
    Annie_Fanny Posts: 1,167 Forumite
    Well done! Gives us all a little boost to hear these great stories!

    Annie
    "Debt makes plans for you" - A quote from my friend Catherine. How true!
  • great stuff. fantastic feeling when you make a final payment isnt it :)
    Debt at highest £16k+
    Debt at lightbulb moment £14,800
    Current debt £6336
    Cleared £4206 in November 05 How ? Bye Bye PPI :)
  • phil999_2
    phil999_2 Posts: 228 Forumite
    well done its gret motovation for people who have a long way way to go...
    I have finally acknowledged my debt.....
  • lottie26_2
    lottie26_2 Posts: 246 Forumite
    Congratulations :j :j :j :j can't wait till its me I changed onto 0% in november but only just started to really pay it off now hope to pay off cc by june/july time coming on here helps a lot because you get lots of inspiration Thankyou :j :j
    cc debt ( end dec 05) 6485 :eek:
    Currently:4475.73

    Shopping for March
    Week 1: £46.74
    Week 2:
    Week 3:
    Week 4:
    A+L loan but as I have already paid the intrest no point in paying it off early(dont get one) so going to save, save, save when cc paid off

    The £2.00 savers club:£24.00
  • Petal_3
    Petal_3 Posts: 779 Forumite
    Well done. My dfd is a little way off yet (certainly more than 7 months :( )

    Good Luck!
    Owned by [STRIKE]4[/STRIKE] 4 cats: 2 x Maine coon cross males, 1 x Pixie Bob male and[STRIKE] 2[/STRIKE] 1 x Norwegian Forest male....cute!

    R.I.P Darling Jackson 11/7/09 - 15/1/10 :(
    Miss u sweetie... :heart:
  • tattooed_lady
    tattooed_lady Posts: 1,591 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Nice one Roxie!!
    Mortgage-free wannabe!
  • roversbabe
    roversbabe Posts: 1,008 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    Well done Roxie

    Feels good doesn't it - I've just done the same with a finance agreement.

    Nice one

    :j
    Official DFW Nerd Club - Member no. 027

    Debt free: 6th April 06 :T Proud to have dealt with my debts
  • highguyuk
    highguyuk Posts: 2,763 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Well done, keep it up though!
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