The Debt Free Birthday Club Challenge!

Hopeful1

shrimpy_80 wrote: »

Still pottering on at a respectable rate though. Plus have some very good news to tentatively report, but am going to whisper it as I don't want to jinx it until I get the cold hard cash in my grubby paws!

HSBC have agreed to refund my PPI claim - yippee!!!

Quiet congratulations from me on the PPI refund :T

roxiepie_2

Hi everyone, just like to say I made it!

Had a target of paying off £1500 between my LBM (end of March) and last wednesday (Birthday, of course!) and I made the last payment a few days before the momentous date itself!

Off to start the 1 payment Vs 100 days challenge now!

Hope everyone else is doing well

laura2481

Well done you! :j:D:j:D:j

Our first DFB club success. :j

I've got 18 months to go Hopefully I'll make it...

Hopeful1

:j Well done roxiepie that's great to hear. It's real motivation for the rest of us! Hope you did lots of celebrating

mooomin

roxiepie wrote: »

Hi everyone, just like to say I made it!

Had a target of paying off £1500 between my LBM (end of March) and last wednesday (Birthday, of course!) and I made the last payment a few days before the momentous date itself!

Off to start the 1 payment Vs 100 days challenge now!

Hope everyone else is doing well

:bdaycake: Happy Birthday!!


Well done for reaching your target, it's very inspiring for those of us who still have some way to go :T

*edit* I've crossed you off the list now so people can see who has achieved their goal. Well done again!!

shrimpy_80

Congratulations and happy birthday Roxiepie! You still need to pop in and see us every so often though

And thankyou Hopeful - had a confirmation letter from the Ombudsman saying it may take HSBC "several weeks" but they are working to refund me as quick as possible. I can imagine that I am top of their priority list :rolleyes: Not complaining though, chuffed to bits!

laura2481

shrimpy_80 wrote: »

Congratulations and happy birthday Roxiepie! You still need to pop in and see us every so often though

And thankyou Hopeful - had a confirmation letter from the Ombudsman saying it may take HSBC "several weeks" but they are working to refund me as quick as possible. I can imagine that I am top of their priority list :rolleyes: Not complaining though, chuffed to bits!

How much are you expecting from HSBC? How exciting- hope it turns up quickly!

mooomin

Morning all!

It's payday tomorrow so it's time for another update from me....

Starting debt = £6,993.88
Current loan balance = £6,187.12
Amount in Instant Access savings = £61.10
Amount in No Access savings = £1000

So, I now owe £5,126.02





I'm pleased that I've paid over 25% off. It's not moved as much as I would have liked, but this month I have also bought a laptop (£400) and only have £75 left to pay on that. I have also started working on my overdraft which for various reasons wasn't included in this challenge. I have brought that down from £400 to £185ish.

Lots of good work being done, just none for the challenge :rotfl:

How is everyone else doing?

Bells&Whistles

Just gto paid from the evening job so another £148.70 off my RBS cc - once that card is gone I can start chucking money in a savings account to get some lump sums together! hoping to ditch the RBS cc by the end of November...

panambi

Due to several issues I am really having trouble calculating our total debt - cc is being used but then paid off again and waiting for OH student loan to come in as they haven't dealt with in time even though we applied in May :mad:

Anyway - will not be able to pay off all of our debts by my original DFB of Nov 2010 anyway so I will change my pledge to pay off our loans by then, total as of today £11,590. Have already some money I will use to make an overpayment but not taking that off yet until I have paid it. Just seen my monthly repayment of £250 went out a few days ago and the total loan amount has gone down by just over £100 :eek: the rest went on interest :mad::mad::mad: Shame I took it out (consolidation) just before my LBM:rolleyes:

This is probably not the best way to do things as per snowball but for us at the moment is the only way to actually seeing debts go down...:rolleyes: