Olympic Countdown aka clear those debts by July 2012!

ILoveTwins

Hi everyone,

Congratulations for reducing your debts. Some really big inroads being made

Unfortunately another month for me with zero movement. The amount owed is going down on most of my debts but my Halifax bill is going up due to relocation costs etc. Maybe next month

chrisfreelander54

Hi Dragon plz could you add me to ur challenge? My target is £29,596.71 (excluding Mortgage) by July 2012. Regards Chris.

missylaney

I haven't posted for ages, but am pleased to report that I have now paid off £1,594 of my original £10677 cc debt

chrisfreelander54

Well done Missy. Keep up the hard work. :T

onlypaddy

Only £120.19 paid off this month...

Total is now £2744.35

chrisfreelander54

Just contacted finance company who we have our caravan with to see wot the balance is since buying the caravan last year. to my amazment we have taken £596.67 off the balance. Our debt is finally coming down, well under The £30,000 mark now. Feels gud....

misswissy

Lots of lovely payments being made. Well done everyone. :j

After a couple of months off I think I am gingerly worming my way back to joining you.

I have made a payment of £129.50. See my sig but this makes my total paid £5096.44 and my percentage at 28.8%.

We have plans afoot to start making some very big overpayments over the next few months (instead of overpaying our mortgage). This could potentially make me debt free by June ish next year! We'll see.

Hoping you're ok Dragon. Come back when you can. xx

natsing

Hi All

My paid off total is now at £5300, so my total is below £10,000 it may be less now, but I havemn't worked out my loan balance yet, but it is definitely below this barrier, I am on my way to being debt free by June 2011!

misswissy

natsing wrote: »

I am on my way to being debt free by June 2011!

You and me both hopefully! :beer:

lel3636

Hi people

I haven't been around for ages and only just got back to reading the thread in the past week.

I've had a few unexpected expenses and then a holiday (which was very needed and really enjoyable).

Managed to move some CC debts around onto 0% deals. Finally realised that what I've been trying to do for so long is make big payments (well big for me anyway) off my CCs and then I don't have enough cash in my current account to pay for things during the month. Hence I then have to put something on a CC!!!

So... I've decided to reduce my CC payments for a few months so I can try and get a bit of cashflow going again. Seems like a good idea to me. What do you think?

Anyway, total debt is now £3,479.75 so I've gone backwards a bit since my last post. But total is still lower than when I joined

Signature updated.