Olympic Countdown aka clear those debts by July 2012!

planning_ahead_2

£10 for me today please Dragon:j

£1,137 off the debts so far:beer:

onlypaddy

Paid £108 to OD and £130 to CC this week, so with interest that brings my totals down to:

OD - £1180
CC - £2768.74

MrGreen

A very big thank you to the Dragon, this thread is really helping me focus on my credit card debt, my debt free date was Dec 2012, I've now worked out how much I need to pay to bring it forward to July or maybe earlier.

I have a spreadsheet where I'm recording my balances for each month, so I can now say that my total balance has reduced by £294.09 this month, as it's also payday today, I've sorted out my payments for this month and will wait for my statements to come in February to get next months figures will be much more than this month.

Thanks to everyone in the challenge and GOOD LUCK, it's great hearing about your payments and seeing the amount paid off going down.

The_Dragon

Oooh more payments made! Thank you planning_ahead, onlypaddy and MrGreen - with your payments we now stand at

Total paid to date - £19,347.53
Percentage paid = 1.39%

runmichellerun

Hi Dragon

£34.58 payment made to my loan today

Thank you

Kiwisaver_2

The steroids kicked in today and gave me a bit of a boost - with the new training facility up and running sooner than expected.

I have paid today £1,047.98 :T


Total Paid to date £1,268.41 (4.85%)
New balance: £24,891.59

Not sure when the next update will be, depending on what day they charge the interest, I will update once a month from then on.

planning_ahead_2

Morning everyone

Another £113 off my total this morning please.

As I said on my own diary it was more than that but that pesky interest thing kicked in again. The actual amount cleared by the DD was £112.68 after the interest but I made a manual transfer of 32p to round it up.....my bank and CC must be getting fed up of little transfers of a few pence dropping onto the account but it makes me feel better:rotfl:

mijm0t77

Morning,

can i add my first payment please! £25.00 off

I was going to update monthly, but watching everyones updates makes me want to get my total off £0.00 paid.

Hope to up able to update again in early Feb.

keep up the good work everyone and thanks for your motivation!

:j

The_Dragon

Thanks for the payments so far today - it is nibbling away at the overall debt we all want to clear, more to the point some of you are really cracking on and clearing your own debts!

Total paid to date - £20,568.09
Percentage paid = 1.47%

clefairy_5

Happy days, it's Friday afternoon and almost the weekend! :-)

Can you please update by total, I've paid off £40.25. I was hoping to pay off much more this month, but I've had car problems. Whereas I would usually have put it on credit card, this time I used my debt repayment money.

This challenge is great, thanks Dragon!