We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

A Payment a Day Part 3

Options
11011131516532

Comments

  • Double_Trouble
    Double_Trouble Posts: 4,375 Forumite
    KayCee10 wrote: »
    Quick question - what do you do with your PADs? I.e. yesterday I made a payment online to pay some of my credit card. But today if I only have a pound - if I put that in my savings jar towards something thats classed as a PAD right?
    Another question - would you pay a pound off your credit card online or build it up until its a bigger sum to pay off?
    Just getting my head around this PAD-ing marlarky - looks like putting the fun in paying debts off!
    Cheers! K xx

    You can do whatever suits you. Sometimes a £1 is the minimum you are allowed to pay you will soon know because it wont accept less when you try to do it but others will accept pennies someone on here is paying MBNA in pennies because they moaned about small payments but as it is computerised you don't have to worry about complaints unless you phone them up. Personally I would pay it off as soon as I get the money as it is less interest each day and it is great to see the long list of payments on your statement.

    If you decide to put it in your savings jar it still counts as PAD.

    Hope that helps.

    DTxx

    Cross posted with helnag and paulgonnabedebt free I am a slow typer.
  • Happy Friday everyone

    Welcome to any new joiners, im sure youll be at home here, just leave your marbles at the door please :D

    Can I just remind everyone, totals in bold large orcolour so theyre easier to read when totalling, thanks :) (hope that doesnt sound like im nagging, im not honest :o

    Pad today is 3.00 to Vanquis

    Terri: I only rent at the minute so I didnt want to spend much on a house im *hopefully* not staying in too long ;) so were just having a tile effect kitchen laminate laid, the floor boards under it are horrific and rotten but the landlord wont do anything about it so linoleum is useless. I really dont want carpet in there with the mess 4 kids make so we dont have much choice.Plus its cheap :D

    Danko: im not the brightest and your hubbys job has me stumped :(
    Does he work on a rig? *visions of armageddon movie*

    Is noone else guessing?
    I best go, gotta go bnq for some more [STRIKE]overpriced crap[/STRIKE] bits and pieces :rolleyes:

    Mumof4
    03/12/2010 [STRIKE]£9,736.56[/STRIKE] :(
    15/2/2011 9878.75

  • kitty66
    kitty66 Posts: 100 Forumite
    welcome newbies and hello old timers :D

    my pad payment today is £2.00

    enjoy the rest of your day weekend just round the corner :j

    kitty66
  • £2.60 for me today. Counting the days until pay day and to debt-freedom!

    It's a lovely looking day outside...
    Don't worry about typing out my username - Call me COMP
    (Unless you know my real name - in which case, feel free to use that just to confuse people!)
  • Hopeful1
    Hopeful1 Posts: 2,076 Forumite
    Hapy POETS day all!

    £2.50 EPDL - this is now under another £100 marker
    £4 Capital One- this is now at PaD status and not to be used willy nilly! I've put it in a drawer to avoid frivolous temptation :p
    £2.50 Vanquis a lot to go to clear this month's balance.

    TOTAL PaD £9

    I am gradually catching up with things i was behind with. By the end of the week i should be on top. Got a wedding tomorrow. They're people OH knows through work. I've never met them and am gutted that i'll have to spend money! I can't believe how bah humbug i feel about it, i just wanna pay things off :o
    One step at a time ;)
  • Hi Everyone,

    £0.75p pad for me today. Can't wait for pay day.

    Hope everyone is doing well. Its Friday and the weekend is almost here.

    Good luck with your pads.
    xxx
    TOBEDEBTFREE BY DEC 2012
    CC1:[STRIKE]14012[/STRIKE] 13784/
    TOTAL DEBT is £75119.36. As at Mar09-- :eek: Now is £68433
    £2 SAVERS No.125 & 4 sealed tins No.633 to clear OD:dance: PAD to clear cc & loan debt. :dance:
    PAD's from-26 Feb & Mar/£226.01-Apr/58.84-May/65.73-Jun/111.97/Jul-2.59
  • sashybo
    sashybo Posts: 4,595 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Hi all, only 50p for me today. Waiting on YouGov to send me my cheque *stamps foot*
    Success is not final, failure is not fatal: it is the courage to continue that counts. Car loan 1 £11,174, Car loan 2 £5,532, CC 0% BT £780. Debt Free Diary to try & keep spending in check.
  • poppyjoe
    poppyjoe Posts: 174 Forumite
    Morning all!

    Hope everyone is well and enjoying the sunshine.

    PAD for me today is £11.47

    Enjoy the day and the weekend!
  • lemma1968
    lemma1968 Posts: 1,379 Forumite
    Hello everyone:j

    Spring has very nearly sprung:j

    And i received a statement from the tax man yesterday. :eek: The outstanding amount was still akin to the national debt of a small country but my daily payments to them have appeared and look quite impressive. They are certainly making a difference. That is thanks to you crazy lot for getting me onto the PaD habit.

    So, no surprises here, i have my PaD of £100 to the dreaded.....

    Have a happy day xxx:A
    2013 TARGET £30k
    2012 £26500 paid off.
    2011 £22750 paid off
    2010 £19800 paid off
    2009 MBNA Cleared 25.09.09 £34391.33 PAID OFF
    DFW Nerd 612 Proud to be dealing with my debts
  • LondonAndy
    LondonAndy Posts: 1,326 Forumite
    Hello all.

    Thanks for the kind words. Welcome to our newbies :hello: - I know you are going to love the madness of the PAD thread....it works but lots of fun at the same time!

    Yesterday we cleared or saved.....

    £1,367.48
    WELL DONE ALL

    :j :j :j :j
    Debt Free 25th August 2010 with PAD !!
    TARGETS : :D:D
    Save 12k in 2013: #068 : £7,305/£12,000
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.