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Repaying loan today.. feel sick!

2

Comments

  • nillhouse
    nillhouse Posts: 217 Forumite
    Part of the Furniture Combo Breaker
    Go Girl, Go Girl, Go Girl!!!!
    Tescos latest enemy.........
  • dinkylou
    dinkylou Posts: 727 Forumite
    Post it, walk away and try not to worry about what may/may not be.

    I completely understand how you are feeling as I did the same recently. I was backed into having to make a choice about one of my loans which I had planned to leave paying off for another 2 years.

    Like you, I preferred the feeling of having a big cushion should something happen.

    And for a few days you will wonder if you have done the right thing.

    And you have. You cant change what will be later on but you have done good now.
    x
  • craigo_2
    craigo_2 Posts: 53 Forumite
    When I was on JSA, they only wanted to know if you have any savings at the time... IIRC, If you have anything over £6k(?), then you wont get income based support.

    If you've spent all your money on beer and women (and wasted the rest :rolleyes: ), then theyre happy to give you JSA. But if you've been clever enough to save anything for such a situation, then you get diddly squat!

    Stop worrying and get it done! :beer:
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    emmzi Where Are You!!!!!
    put That Fishing Rod Down At Once - You Can't Fish It Back Out Of The Post Box, It's Illegal!!!!!!!!!
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    lol!! .. posted and..guess what???

    letter waiting at home saying I was getting a bonus! Totally unexpected!

    So the unemployment contingency fund gets a (small!) boost!

    It's all karma....

    Right... one flexible loan to go...

    I'm UNDER 10K!!!
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
  • jessicamb
    jessicamb Posts: 10,446 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Well Done Emmzi

    If you've finished with the Karma can I have some - I could do with a nice cheque landing on the doorstep!
    The early bird gets the worm but the second mouse gets the cheese :cool:
  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    sammy115 wrote:
    Well done - have you kept up your benefits challenge.

    Sammy,

    b/f and I have spent afternoon building futon that was threatening to blow the budget...it is SOOO much nicer than anything I could have bought for £50..or even a few hundred, it's wood, solid, classic! (and needs waxing etc..)

    rewarded myself with shoes(£5).. and some groceries. Some of his shopping too so will need to divide reciept.. update thread later, think I have £25 or so left until next Friday!
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
  • Sea78
    Sea78 Posts: 6,185 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    yay!!! Under 10k - yipeee! Well done hon - and yes, it's complete karma there!

    Sea xx
    CCCS DMP:Feb 07
    Total:£37,016.47 now £0 DEBT FREE FEB 14

    2022 Decluttering Campaign 49/1011
  • In_Search_Of_Me
    In_Search_Of_Me Posts: 10,634 Forumite
    That is fab!! Just think of the interest you've saved (go on how much did you save by paying it off now!) and if you havent already post the cheque, dance round the sitting room and jump about a bit - being under £10,000 is utterly fabulous! I'm dead jealous! Well done you. As for job sit I think op are right - you get penalised for having savings so much better to pay a debt off now than have to deal with unemployment AND debt!...younever know what will happen - if they've just given you a bonus sounds like they would be wanting to keep you?!
    Nerd no 109 Long haulers supporters DFW #1! Even in the darkest moments, love and hope are always possible.

  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    jessicamb wrote:
    Well Done Emmzi

    If you've finished with the Karma can I have some - I could do with a nice cheque landing on the doorstep!

    Can I keep it until after my interview on Wednesday?Then it's all yours!!
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
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