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Olympic Countdown aka clear those debts by July 2012!

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  • Purpleroses
    Purpleroses Posts: 4,125 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    ok, that was a bit scary. I now owe £2666.39.
  • Pete*G_4
    Pete*G_4 Posts: 552 Forumite
    if you want to add my amounts, the total being paid back under my IVA was £14k in Nov 2007. It's now at £11900 or thereabouts.
    GREENS M'SHIP OFFER NOW CLOSED SO PLEASE DON'T ASK ME!
    Olympic Debt-free Challenge £2150/£11900 = 18.0%
    NOW INVESTIGATING AN ALTERNATIVE TO MY IVA - I WOULDN'T RECOMMEND ONE ANY MORE!
  • The_Dragon
    The_Dragon Posts: 9,749 Forumite
    Welcome aboard clodagh trubble (love the name :D)

    So far we want to clear just over £44k in 2.5 years! :eek: I reckon we can do it though and then maybe another challenge to SAVE that amount in the 4 years to the next Olympics :rotfl:
    Do not meddle in the affairs of Dragons, for thou art crunchy and good with catsup :D
    NSD 15/20, OS WL 21-6 (4) :(C.R.A.P R.O.L.L.Z #44 Twisted Firestarter, VSP #57 - £39.43
    :p Every Penny's a Prisoner :p
  • stacy
    stacy Posts: 660 Forumite
    I would like to join too please, i have worked out my debt to be £19,821.51 which works out i will be debt free in 3 years.
    So to be debt free by the olympics would be an excellent challenge. :D
    Due to budget cuts the light at the end of the tunnel will be switched off.
    Debt free Olympic challenger No.11
    Paid off so far: £3274.75
  • The_Dragon
    The_Dragon Posts: 9,749 Forumite
    Good to see you stacy :D Your amount has been added to the total to pay (30 months and counting!)
    Do not meddle in the affairs of Dragons, for thou art crunchy and good with catsup :D
    NSD 15/20, OS WL 21-6 (4) :(C.R.A.P R.O.L.L.Z #44 Twisted Firestarter, VSP #57 - £39.43
    :p Every Penny's a Prisoner :p
  • me too please :) my target is a slightly lower £4140. so although July 2012 is probably more time than I'll need, it will feel good to have a target in mind!
    Debts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;
    Debts as of May 28th 2011:
    Santander CC: £0.00
    Lloyds OD : £0.00
    DFW Nerd #1247 - Proudly dealt with my Debts :D Olympic 2012 Challenge #12
  • Can I join in please? :j

    Although my current debt free date is March 2012, it keeps extending as I'm not willing to completely give up my quality of life while paying off debts.

    So my current debt total is £8,080.52, but I'm being paid tomorrow so that will go down a bit.

    Many thanks!

    x
    LBM February 2008. DFD March 2013 19 August 2011
    Debt at LBM £14,395.48. Debt Now £0
  • gardis
    gardis Posts: 75 Forumite
    Please can you add my target as £23585.48?

    Whoop.
    Sealed pot challenge member #806 9.98/100
    PAD 52.40/500
    I'm working towards February 2012
    Total at 20/12/2009 [STRIKE]£23585.48[/STRIKE] 1/1/10 21645.98
    :rudolf:
  • wickesy
    wickesy Posts: 18 Forumite
    Tenth Anniversary Combo Breaker
    edited 20 December 2009 at 11:04PM
    I realistically won't be debt-free by 2012 but what the heck, put me down for £10,000 to be paid off between now and then - that will get me a third of the way there.
    Total debt at LBM: £32,340.84
    Total debt now: £0
  • Having spent the last few hours trying to make my target look not quite so bad (I'll count this, I won't count that, I'll count the settlement figure I've been offered but can't actually afford!), I've given in and decided that if I'm going to do this, I'm actually going to do this IYSWIM, and am therefore admitting to my total debt as it stands as of now.

    Just stopped for a minute for another [STRIKE]glug[/STRIKE] sip of brandy.

    At the moment I officially owe £43,967.06, so that has to be my target :eek:

    Most of my accounts are with debt collectors who have already made settlement offers, so hopefully I won't have to pay that full amount - just have to get the money together to say yes next time.

    Well, that's bumped the collective total up a bit! Just going to have another drop of brandy and press submit before I change my mind.

    Well done :T:T:T

    It can only get better from here on in.
    LBM February 2008. DFD March 2013 19 August 2011
    Debt at LBM £14,395.48. Debt Now £0
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