A Payment a Day Part 3

angelicmary85

CLKG7 wrote: »

Good morning,

i was wondering if i could join this thread, i think its a great idea. i have been making a payment everyday but i'd like join in the fun on here too.

Charlie xx

Morning Charlie!!

You'll be made to feel really welcome here & hearing what everyone is up to and clearing cc's etc is really motivational!!

Hopeful1

CLKG7 wrote: »

Good morning,

i was wondering if i could join this thread, i think its a great idea. i have been making a payment everyday but i'd like join in the fun on here too.

Charlie xx

Charlie,! We would love to have you. If you've been following the thread, i won't need to tell you how fab everyone on here is. We'll look forward to hearing from you. One word of advice - avoid missing a day of post reading like i did yesterday. I've been on and off here all morning and still haven't got through today's posts!! :rolleyes:

CLKG7

awww thanks!!!

ok so today i only moved £1 - this is just to savings account but technically everything in there will be going towards the car maintenance for example MOT, insurance and Tax which is all due later this year.

Shall i put something in my signature?

Hope you all have a great day!!!
Charlie xx

angelicmary85

CLKG7 wrote: »

awww thanks!!!

ok so today i only moved £1 - this is just to savings account but technically everything in there will be going towards the car maintenance for example MOT, insurance and Tax which is all due later this year.

Shall i put something in my signature?

Hope you all have a great day!!!
Charlie xx

I don't have a signature but when I started on here I noticed that a couple of people update their monthly PaD's on theirs so I'm going to wait until the 13th May before I put anything down on my signature!

CLKG7

ok i think i'll do that too. x

angelicmary85

Will look forward to seeing your total, I'm only a couple of days ahead of you so the race is on!! xx

Radarjet

Welcome to all the newcomers.

This PADing has been the most successful way I've found to tackle debt.
It allows me to chip away daily what I can afford, rather than committing a bigger sum once a month and underestimating 'just in case'.

Many many thanks to all the participants of the thread for inspiration and example setting


£20.00 for me today


May I ask how you've all found PADing with a virgin card. My tesco cc 0% is coming to an end so I need to balance transfer elsewhere and Virgin are doing the best current 0% deal but some of the reviews for managing your account are dire.

Can you PAD online every day ? small amounts ?

I read they only have a 14 day window to pay your monthly amount. Does this mean PADing is impossible.

I would appreciate all comments regarding using a 0% Virgin card for PADing

Many thanks

Greenbynature

Morning all :hello: and hello to any newbies :hello:
Thanks everyone for the good wishes about my cousin
Danko have to agree with you about dyson i love mine even tho its a bit old and knackered now it's still better than any of the others out there, I also have a dyson washing machine and it's brill :j
Pad today is a small £2 to cap1 cc as mortgage is due tomorrow and have just paid monthly dd's on gas and electric :rolleyes: so am rather skint already and its payday :mad: I so need to win the euro tomorrow night
Piggin hope your OH's nerves calm down soon bless him.
Thanks hopeful for daily total :T erm interesting and weird fact today :rotfl:

£2

Paulgonnabedebtfree

angelicmary85 wrote: »

Mornin guys!!

Quick question before I confimr my pad...

I normally pay £30 to barclaycard every month when bill comes in. Paid £37 today, does that mean my pad is £7 or the difference between the min payment (£22.82) and £37 which would mean my pad is £14.18?? I'm just wondering so I keep a running total and I don't want to cheat!

There are no hard and fast rules about this. Some people don't count the minimum payments, some do. Some don't count debts owed to the Inland Revenue, some do.
The only rule I set myself is that I won't count money twice i.e. I won't put money into a pot and count it - then count it again when I actually pay a debt with it. I do choose to count the whole of a CC payment and all loan DDs.

angelicmary85

Paulgonnabedebtfree wrote: »

There are no hard and fast rules about this. Some people don't count the minimum payments, some do. Some don't count debts owed to the Inland Revenue, some do.
The only rule I set myself is that I won't count money twice i.e. I won't put money into a pot and count it - then count it again when I actually pay a debt with it. I do choose to count the whole of a CC payment and all loan DDs.

Thank you for that, I had decided to only count the £7 as I would normally pay £30 every month so I thought the best thing to do was call the £7 my pad! x