Olympic Countdown aka clear those debts by July 2012!

The_Dragon

Thank you learn2cope, ships-cat, runmichellerun, madmich666, dentonemma and spethmeister for your updates

:beer::beer::beer: to ships-cat on getting a job!

The person at the front of the pack at the moment for both monies paid AND percentage paid is (drum roll please!)

62. bloodofareptile - £22,713.49 paid £2,551.63 (11.23%)

Others are creeping up behind though and the current overall stats are as follows


Total to pay at start - £1,396,549.65
Total paid to date - £26,432.77
Percentage paid = 1.89%

stacy

Thanks for the updates dragon......keeping me motivated!! well done on the payments everyone and well done ships-cat on the job :j hope i get a well paid permanent job soon, it feels like its been forever already!

emsikins

I'd like to join please!... I'm still working out my total debt (think it's around the £10,000 mark) so will re-post with my target to clear by 2012!

Good luck all

**Upsy_Daisy**

Thanks for the updates Dragon

I haven't really paid off much in the last few days. I think I have another £200 is to chuck on the fire out of this months pay (15th of each month). I just need to get the DD's due on 1st out of the way and make sure there are no nasty surprises lurking afterwards so I will probably hold of any major payments until the end of the 1st week in Feb.

UD

**Upsy_Daisy**

learn2cope wrote: »

It's really scary when you add it up. Most of it is just the minimum payments, although I have overpaid slightly as per my snowball but just think about all that interest I'm paying :mad: what a waste of money!

It's the interest isn't it. At the start of this month I was paying over £50 per day - £12 on debts and £38 on the mortgage.
That's £1500 per month on average:eek::eek:


I'm getting the daily interest on the debts down via BT's (and repayments of course) but I'm stuck with the mortgage for now - that's going to be my 2020 challenge;););)

10 years from now I will be interest free:D

UD

purple_angel_3

Thank you for the updates Dragon.
Another £47.23 paid.
Everyone is doing so well.
purple_angel.

purple_angel_3

Need to find another £6.72 and I will have paid off £500.00. :j
purple_angel

Hollypolly

This is the first time ever I have worked out how much I have paid off my debts and it feels great:j:j

£393.44

Thank you
Polly

runmichellerun

£6.87 for me today

Thank you!

Swinstie73

Hi all,

Not sure how much have paid this month (cos added a wee bit), but my new total is now £7,484! Under £7.5K at long last, so £964 paid since started this challenge, I surprise myself!