Olympic Countdown aka clear those debts by July 2012!

Hope78

Hey

It's good to see percentages going up up up! And lots of CCs disppearing - one of mine will be on mid month - yay!

My new total paid is £3542.64, and I'm number 22.

Cheers

jdwmfc

Any chance i can join?
I have £20,000 to pay off and eyes on a new house for OH and ikle baby.
Let me know.

The_Dragon

jdwmfc wrote: »

Any chance i can join?
I have £20,000 to pay off and eyes on a new house for OH and ikle baby.
Let me know.

Of course you can join in!! Your Vest number is 142 and I look forward to seeing your payments

jdwmfc

I am going to start on the 1st of April.
Give me chance to get the budget sorted out and to work out exactly how much debt I have.
Thank god OH is semi understanding (well some of it is hers)
See you all soon.

The_Dragon

jdwmfc wrote: »

I am going to start on the 1st of April.
Give me chance to get the budget sorted out and to work out exactly how much debt I have.
Thank god OH is semi understanding (well some of it is hers)
See you all soon.

I put you down at 20k to pay, if you need/want to change that just let me know:p

TooMany4Legs

Hi Dragon and all Olympic Debt Busters!

Number 140 here, could I please report £336.11 paid off (and interest of £44.76 added - why on earth did I not notice til now how much interest I pay on these blasted loans!! - not sure how that works with totals?)

Happy debt busting all :beer:

TooMany4Legs xx

The_Dragon

TooMany4Legs wrote: »

Hi Dragon and all Olympic Debt Busters!

Number 140 here, could I please report £336.11 paid off (and interest of £44.76 added - why on earth did I not notice til now how much interest I pay on these blasted loans!! - not sure how that works with totals?)

Happy debt busting all :beer:

TooMany4Legs xx

Some people will let me know the net figure or you do what you have done and let me know everything you paid and then let me know how much interest so I can do it net.

TooMany4Legs

Thanks Dragon - glad I didn't get it wrong!!!!

jdwmfc

Ok here is the new total.
£31,168.64
How did I get it soo wrong I hear you ask?
Well...
Decided to add OH debt to mine, seems pointless just paying off mine.

Here is the plan.
Currently mostly on 0% cards apart from:-
£1768 on a HSBC loan
£3800 on just finished 0%

Will be paying off loan on 1st April. (get paid)
That gives me an extra £200 a month to play with.
Wipes off one debt and gets me started on the Virgin card.
When that’s empty transfer from NatWest card (£9000) as its interest free is running out.
Then consolidate 2 cards with £4,500 on each to Virgin. (Interest free) Its limit is just over £9,000 so should be ok.
Other card is long term 0% so we are ok there.
I calculate at the moment that we can pay about £500 extra off a card a month. (Min) Come May that will improve to at least £1000.
16 months to go (I think) that’s about £2,000 a month. HAHAHAHHA

Looks for second job.
Sells entire contents of house.
Pulls an insurance scam (ONLY JOKING)

I think by the Olympics I can pay off £16,000 easily (ish) so I am going to aim for the full amount.

Swinstie73

*Swinstie runs slowly into second place* Vest # 37

Just made my extra payment of to BC CC, so once my minimum payment comes out and have paid my last CC, that's me, woo hoo!!!

Still eagerly awaiting last payments coming out, so currently at £486.39 to pay, so new amount paid is £7,962.07.