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Olympic Countdown aka clear those debts by July 2012!

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  • Hiya,
    I'd like to take part in your challenge!

    Its January 2010 and I have £17589.73 of unwanted debts!

    I'm aiming to clear it by December 2011, but feel this challenge gives me a group of fella debt busters to help me through so all gone by July 2012 I hope!

    Cheers for having me

    Jim
    Debt Free By Olympics 2012
    Start Jan 2010 - £17589.73
    At 05/02/2010 - £640.99 paid (3.64% Paid!)
    £16948.74 to go! (96.36% to go!)


  • 17p for me today
  • planning_ahead_2
    planning_ahead_2 Posts: 449 Forumite
    edited 18 January 2010 at 1:27AM
    £427 for me today:j

    Dragon - silly question - would you rather I updated 'as and when' or once each month:confused: (just really worried about the amount of updating of the front thread that you must have to keep on top of):beer:
    NR [STRIKE]£5542[/STRIKE]£2771 BC [STRIKE]£7987[/STRIKE]£7700 BC [STRIKE]£3000[/STRIKE]£5100 Cat1 Pd Cat2 Pd Ulstr [STRIKE]£3400[/STRIKE]£3070 TSB [STRIKE]£4851[/STRIKE]£4400 MBNA [STRIKE]£7700[/STRIKE]£3887 NWst [STRIKE]£950[/STRIKE] £700 Hfx [STRIKE]£10097[/STRIKE]£10050 Asda [STRIKE]£398[/STRIKE] £315 HFX1 Pd Hfx2 [STRIKE]£3133[/STRIKE] £3000
    LBM 15/1/10 £47,728 now £40,993 14.11% pd
    Snowball at LBM [STRIKE]1050[/STRIKE] 871 days left (745 days to Olympics 2012)
    £365/365 - £388 (that's for DH & me!)
  • £427 for me today:j

    Dragon - silly question - would you rather I updated 'as and when' or once each month:confused: (just really worried about the amount of updating of the front thread that you must have to keep on top of):beer:

    Same question from me really too. I make some kind of payment to a debt most days (sometimes mere pennies). It would be easier for me to do it say, monthly, and I imagine it would be easier for Dragon too? In fact, I think I will do it that way anyway as it just seems easier.
    Today's payment is £43 to a credit card.
  • Morning all,

    Thank you to The Dragon for adding me to the list. Number 73!!!

    This week I need to get hubby to apply for the Balance Transfer CC's i have found. So long as they are ok and we get them will be able to transfer balances in Feb (just before the interest kicks in on the current cards).

    Will post payments once a month if that is ok, but will be checking in for motivation daily!
    Debts @ 20-04-14 = £10,987
  • The_Dragon
    The_Dragon Posts: 9,749 Forumite
    Good to see you Shoperholicnot and russabbott! (Shoperholicnot could you confirm how much you hope to pay off please :D)

    Thank you Paulgonnabedebtfree and skaps for your payments - you take us to 1.2% paid over all!
    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
  • Hi, Please, can I join in.
    There's no way that I can be debt free by then, but it would make a good dent and help me follow my plan.

    Can you put in down for £25,000.

    Thanks
    Pay £7,500 in 2011 paid £29,325 No 43 OP £21,825
    Olympic 78= £20,000 paid £35,708 over paid £15,708
    Mortgage over payment £1996/£1497 paid in 2011
    sealed pot 4 number 845
    Weight Loss 29lbs/13lbs
  • The_Dragon
    The_Dragon Posts: 9,749 Forumite
    Thanks Planning_ahead and PGBDF - the amount paid is creeping upwards!

    In answer to your queries - I have no objections at all to as and when payments - in fact I quite like them as they keep the total moving!

    Total to pay at start - £1,371,989.65
    Total paid to date - £16,877.43
    Percentage paid = 1.23%
    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
  • shanks77
    shanks77 Posts: 1,182 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Hi can you take off £103.57 please really chuffed cause i have managed to pay off a loan 18months early by making some overpayments last year and when i phoned today to find out how much i had left i was told that if i paid today i would get an interest rebate of over £200. Needless to say i jumped at the chance to save more money and clear off a debt.
  • The_Dragon
    The_Dragon Posts: 9,749 Forumite
    The 78th member is at the starting line and raring to go! welcome dentonemma :D

    Yay to shanks77 at having the first debt cleared off and 5.42% of the way to the whole lot being done! :T:T:T
    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
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