A Payment A Day - Part 8!

Purpleroses

Mind if I join in?

I've been wanting to join this challenge but couldn't really until i was out of the overdraft which i finally now am
I'm down to the last CC so hoping to get rid of it by the end of the year.

mrsiwannabefree

Hi
Newbie here!
Just come across this post and would like to join please......am going to make a payment a day to my Capital One cc - just made an online payment of £1 - not much but every little helps!

LondonAndy

Hello folks

Expenses have come in today :beer: which is "my" cash as it was all Maestro / Cash spends not on credit card so I give unto the Barclaycard the entire refund of £226

Takes ages to get the expenses back but as I am using my own money, it's almost like having a savings fund in the bank to use when they arrive

I will come back later and put my "own" PAD in when I've done some spreadsheet surfing at home tonight.

L.A

LondonAndy

Eager_Elephant wrote: »

I asked the same question recently and decided for the motivation factor it was better to clear a smaller debt which is what I am doing.

For me clearing a £500 credit card is easier then clearing £7000+ :rotfl:

EE

Hello Minni me - I did the same as EE

Cleared my lowest balance first as a motivator - £2k even though it was 19% interest, then started attacking the £4.7k beast at 29% interest :eek: after that.

Whatever works for you I say! One bonus of clearing the smaller one and then closing the account (as long as you do close it) is that means less total available credit which I think would help your credit rating - correct me if I am talking rubbish PADDERS ?

Purpleroses

ok i've done my first PAD of £50.93

MinniMe_2

thanks for the advice guys. I think I will put it towards the lower interest card, I would like to see the back of it!

Jazzie99

Hi All,

Payday today so calling in to do my monthly PAD....here goes.....

Virgin (1) = £1,000
Virgin (2) = £25
Lloyds CC = £375
Mortgage = £50

Total: £1,450

LondonAndy

Purpleroses wrote: »

Mind if I join in?

I've been wanting to join this challenge but couldn't really until i was out of the overdraft which i finally now am
I'm down to the last CC so hoping to get rid of it by the end of the year.

Welcome, welcome !! Good luck with your PADS!

Thrifty_Pixie

Well, a sunny hello to all PADers! (even though the sun seems to have b**gered off today...*pokes the sky*)

Anyhoo, payDay today, but my larger PADs don't come out until Friday so today I have PADed 46p STC plus £5.11 to round down my account, so a compact and bijou £5.57 into online savings for me please

Sorry to hear about your dentist news, Euro, but as others have already said, at least you have the money to cover it this time round. I think the increased insurance sounds like a grand idea.

A maHOOsive welcome to all you newbies out there, and good luck on your debt-free path - if anything can help get you there, PADing can

Take care all!

*meep*

azkaban420

Afternoon PaDers, some wonderful PaDing going on after EE's much appreciated/needed booty up the backside

Regular PaD over two days of £20 from me please!