The big challenge - pay off £20k by Christmas 2010

InaPickle

£113.51 down, mere thousands to go! :rolleyes: :eek:

juicygirl

Paid another £100 towards Egg Loan, can't resist these overpayments now I know it can be done

Earthstrong

£281.58 to MBNA again & Santander ( I have been meaning to sign up for online payments with Santander so I can make more regular payments). Money received from mystery shopping and not going to christmas gifts.

chops22

Paid MBNA £69.12 this morning so thats 2.01% paid

Lemon_Tree

felt sad that i haven't been able to update this thread so i've scraped together another £50 to put into my 'offset the loan' savings account.
this brings my total to £1171

InaPickle

I've also paid off £15.80, including a £12.50 win on online bingo. :j

chops22

Pais £50 off my Tesco CC so thats 2.27%

Brokeattheminute

Paying £40 off my Santander card this morning which will bring the bal under £500.Should get a cheque this wk for £69 which will start my savings fund off.Hope everybodys keeping o.k and looking forward 2 christmas.We had a few cms of the whiite stuff yesterday!

mel19632

I love that loads of people are posting % paid off - I think its really motivating and you can see how quickly everyone is paying off their targets! Nothing to report from me unfortunately - I'm waiting for the end of the month and then will make a bumper payment. I'm hoping to do around £1,000 but will see how well OH's month has gone (he gets commission).

Is everyone ready for xmas? I have got and nearly wrapped all presents, but not sorted food yet! eek!!

InaPickle

mel19632 wrote: »

I love that loads of people are posting % paid off - I think its really motivating and you can see how quickly everyone is paying off their targets! Nothing to report from me unfortunately - I'm waiting for the end of the month and then will make a bumper payment. I'm hoping to do around £1,000 but will see how well OH's month has gone (he gets commission).

Do it whichever way works best for you, Mel. Normally I pay off a lump sum at the end of the month when I'm paid, but I'm playing it differently this month cos it's Christmas and I don't want to leave myself too short cos I can practically guarantee that there will be hidden expenses etc. so I'm not making a bulk payment yet, just putting any extra bits that come my way (online bingo wins etc.) off the debt for now. I will try very hard not to go mad on what's in my account and pay off a lump sum at the end. (I also have to consider that the length of time between being paid is longer than usual as I was paid early.) The troubles with finance! :rolleyes:

BTW paid £31.03 off CC last night thanks to another online bingo win. :j