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

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  • signiture update shows i will be nearld a 1/4 to target im just short by 142.19, and i may make that up at the end of the month so i can have a nice 25% in the window signiture yay x
    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
  • taxi73
    taxi73 Posts: 20,815 Forumite
    That sounds great Happytogetdebtfree x
  • poohbear59
    poohbear59 Posts: 4,866 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    taxi73 wrote: »
    I'd be trying to pay the Co op CC first as that has interest on it.Then work through the 0% cards but 6 weeks before the 0% I would be looking to cards to transfer them to.

    I am looking into transferring the debt to 0% card, thanks. Also considering a business loan to separate business and personal borrowing. The main problem being that the interest on a business loan is more than the 0% credit cards.
    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".
  • taxi73
    taxi73 Posts: 20,815 Forumite
    I do all my business borrowings on personal CCs and loans as it's cheaper.
  • Tthanks guys! Yes pleased with debt stuff not so pleased that at 5 am builders were taking delivery for a flaming jcb an they are still making noise now! Luckily I'm up for work but come on surely it's illegal to startbwork at the side of peoples homes before a reasonable hour!!
    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
  • Hiya! things are really slow for me now, reduced my PADS to VERY to £1 a day for the time being, so thats £3 since Saturday and then £35 to the horrible Lloyds - grrrr

    Balance on the very account is now £377

    Well done to everyone else, and good luck happy to get debt free on hitting 25% 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:
  • thanks money troubles x
    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
  • Just £1 today for me off VERY, as OH's loan is due out on Thursday so dont wannna fall short, its frustrating after paying at least a tenner a day off - but then i think well im doing loads more than i were this time last year! 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
    I know it's frustrating but every pound off is a pound less they can charge interest on.
    I'm frustrated now as I need to leave money in the bank now for all loans due out and then for all the 1st month bills so no over payments for me at the minute.
  • look at all the stuff you have paid off wow i wish i was paying stuff off like that, will have to see how things are after 2pm 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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