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

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Comments

  • VicPlum
    VicPlum Posts: 3 Newbie
    I'm proud to say that I've started my debt challenge today! :jIt's so motivating seeing what other people are paying off too!:j

    Wish me luck, I'm gonna need it!!!
  • Happytogetdebtfree
    Happytogetdebtfree Posts: 6,798 Forumite
    hi vic plum welcome to the boards good luck on your journey xxx
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAK:pMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 08£77240.69 Current outstanding total £36083.01 Paid so far = £41157.68
  • poohbear59
    poohbear59 Posts: 4,866 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Hi vicplum Best of luck on paying off your debts!

    I had to add the car insurance premium to my credit card yesterday. I will have to concentrate on paying it off first to avoid paying interest. It will, inevitably, slow down my other repayments.
    business mortgage £0))''(+ Barclay's business kitchen loan £0=Total paid off was £96105 PPI claimed and received £13527
    'I had a black dog, his name was depression".
  • Moneytroubles_2
    Moneytroubles_2 Posts: 938 Forumite
    Hiya everyone, Ive made my final payment of the month to VERY today of £8, taking the balance down to £480!! I need rid of this ASAP - its annoying me now lol 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:
  • Happytogetdebtfree
    Happytogetdebtfree Posts: 6,798 Forumite
    Yay I can't believe the intrest! They were in a magazine advertising holly and peaches ranges they clearly don't promote the intrest pfft. It's a shame the whole world can't strike on paying credit card intrests they wouldn't be able to afford to take the whole population to court! Ponders the idea of a global strike avaunt credit cards and high catalogue charges :@
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAK:pMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 08£77240.69 Current outstanding total £36083.01 Paid so far = £41157.68
  • parsniphead
    parsniphead Posts: 2,897 Forumite
    Part of the Furniture 1,000 Posts
    Morning everyone.

    At last the first of my march updates, I hope there are going to be a lot more. The first payment this month is for £343.12.

    I am desperately trying to find an extra £750 this month which will pay off one of my debts in full but seem to be struggling. It would be such a boost to do this after a very carp month. Thank goodness March is here.:)
    1 debt v's 100 days chapter 34: T3sco bank CC £250/£525.24 47.59%

    [STRIKE]MBNA - [/STRIKE]GONE, [STRIKE]CAP ONE[/STRIKE] GONE, [STRIKE]YORKS BANK [/STRIKE]GONE, [STRIKE]VANQUIS[/STRIKE] GONE [STRIKE] TESCO - [/STRIKE], GONE
    TSB CARD, TSB LOAN, LLOYDS. FIVE DOWN, THREE TO GO.
  • Moneytroubles_2
    Moneytroubles_2 Posts: 938 Forumite
    Happy to get debt free - A worldwide strike would be amazing lol Ive made a small payment of £2 today to VERY, just trying to chip little bits off before payday on Friday!! 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:
  • chops22
    chops22 Posts: 650 Forumite
    Moneytroubles wrote: »
    Hiya everyone, Ive made my final payment of the month to VERY today of £8, taking the balance down to £480!! I need rid of this ASAP - its annoying me now lol xxx


    I have all my stuff on intrest free and it runs out in April...I am now very determind to get it paid off by then!!

    Thanks for the heads up MT
    LBM Total: £33356 15/11/09 :eek: £6085.63 paid
    Pay off 10% by March 2010 (3336) yes!!!:j
    Pay 19k by Dec 2010 19000/5732.39 30.12%
    DFW Long haulers #198.
    23/40lbs
  • Moneytroubles_2
    Moneytroubles_2 Posts: 938 Forumite
    Ah chops - good luck in getting it paid, they're crafty !!!!!!s arent they, dont tell us about the horendous APR - will pay more tommorow! xx
    :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:
  • Happytogetdebtfree
    Happytogetdebtfree Posts: 6,798 Forumite
    Keep up the good work guys xx
    I AM A MONEY MAGNET, THEY ARE MAKING MORE MONEY FOR ME AS WE SPEAK:pMIKES MOB, DFW NERD 1071, DFW LHS 132!MIRACLES HAPPEN I'VE SEEN IT WITH MY OWN EYES. LBM 08£77240.69 Current outstanding total £36083.01 Paid so far = £41157.68
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