Im i newbie - Debt Free Wannabe

smiler33

smiler33 wrote: »

Hi everyone

Ive been lurking for a while but have decided now is the time to face my demons and get my debt sorted. My amounts are not as huge as others but are still a frightening amount for me :eek: as I am self employed and have only been paying the minimums for far tooooo long :mad:

So here goes:-

Car Finance Outstanding = £3000
Credit Card 1 @ 29.9% :eek: = £900
Credit Card 2 @ 21.9% = £3000
Unsecured Loan = £4800

Plan is to get rid of car and lease - slightly higher in monthly payments but at least no more MOTs or servicing etc. Car is a necessity for job.

Im a council tax rebate - plan to attack CC1 first and then try to increase monthly payments.

Also hope to stop smoking . . . . .

Just a quick update on where I am :beer:
Car Finance Outstanding = £2300
Credit Card 1 = £700
Credit Card 2 = £2650
Unsecured Loan = £4600

Also have managed to not smoke for six weeks :T

littleangels3

Well done, sounds like your trying hard, keep up with the no smoking bet your saving a fortune.