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

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Comments

  • taxi73
    taxi73 Posts: 20,815 Forumite
    Thanks...I wish..wouldn't that be nice..lol
  • Hyp3rion
    Hyp3rion Posts: 52 Forumite
    Hi,

    Another £67 paid yesterday. One more direct debit to go this month then roll on Feb 1st for more DD payments.
  • hypno06
    hypno06 Posts: 32,296 Forumite
    10,000 Posts Combo Breaker
    £12.50 scratchcard winnings paid to the debt.....slowly slowly!!

    Have a good weekend everyone!
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
  • Hi all,

    I made a total boo boo with calculating payments made my signature was showing as paid off £18k..
    Now amended and reflecting the correct figure, £96.00 paid to MBNA.
    Mortgage £25,789.17/£24,918.14/£22,921.47
    Pay off £20k by Xmas 2010 - £16,360.00
  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    Well done everyone, especially taxi! Thats a fantastic amount!
    Work in progress...Update coming July 2012.
  • mel19632
    mel19632 Posts: 647 Forumite
    Wow taxi - you are on a roll!

    £88 to Abbey today - only one more DD to go before end of month.

    On last day of month will make a big overpayment. Very annoyingly, have a problem with insurance. Basically we had an accident (car went up back of us), but guy has not reported it to insurance company??? don't understand, and has meant that we have had to pay excess until the liability team decides fault.

    So basically missing £400 at the moment and on guarentee that we will get it back. AND means insurance goes up by £200 as its being renewed. I am FUMING!
    Paying down the mortgage:
    At 1 October 2011: £226,000
    Currently: £224,499
    Aim: 85% LTV (£212,500)
    Paid £1,500
    Target remaining: 88.89%
  • Hiya everyone,

    just paid 54.50 off hitachi capital, which now means that debt has been paid in full!!! its sooo exciting, myself and OH are so pleased, this challenege is really keeping us focussed! hope everyone else is doing well xxxx
    :j6 debts cleared since joining MSE:j
    :eek: Remaining debts... Very / Halifax Loan/ A&L / Virgin cc / Lloyds / Sister :eek:
    :smileyheaGetting Married 04.12.10 - The MSE way :smileyhea
    :dance: Making this house a home :dance:
  • Hi

    I've now managed to pay back a total of £2,726 - only £12,274 to go!!!

    Keep up the great work everyone!
  • well done debt diva thats amazing, im determined to get my very catalogue closed so paid off a whopping £1 lol every penny counts! xxx
    :j6 debts cleared since joining MSE:j
    :eek: Remaining debts... Very / Halifax Loan/ A&L / Virgin cc / Lloyds / Sister :eek:
    :smileyheaGetting Married 04.12.10 - The MSE way :smileyhea
    :dance: Making this house a home :dance:
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Well done everyone...Everyone is doing great seeing as christmas time and jan are hard months so paying anything off is great.
    It'll be amazing the amount we pay off as a total by the end of the challenge.
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