The Challenge - Debt free in two years!

Kepp

That's an excellent saving

Ceniza

Yeah it will really help. The Lloyds loan will be gone before 2011 is out

jtr2803

Top News! That's a huge amount of money saved

Kepp

Adam, do you you still know what the account number/sort code bits are for overpaying Lloyds loans?

Happy Friday!

Ceniza

beccie wrote: »

Adam, do you you still know what the account number/sort code bits are for overpaying Lloyds loans?

Happy Friday!

77-77-90 / 90000468

You put your loan reference number in the reference field

Kepp

Thanks Adam, it's next on the hit list once my loan from my brother clears my CC so going to get the payments set up ready

Ceniza

After the balance transfer my figures have gone up slightly, however, this is mainly due to the transfer fee added to the credit card total. This will even out and make my overall payments lower, as you can see from the graph below

I may have an £80 payment to MBNA to come out in the next couple of days, I'm not sure when my direct debut starts. I also have some money lying about so may make some more over payments in the next couple of weeks.

So here's July figures.

My updated debt diary
Last update: 04-July-2011


Capital One CC - £0 @ 30% (down from: £968.83)
Lloyds TBS overdraft - £0 @ 12.3% (down from: £2,000)
Loan from OH No.1 - £0 @ 0% (down from: £600)
Egg Banking CC - £0 @ 21.90% (down from: £943.30)
£200 to Loan from OH No.2 - £0 @ 0% (Down from: £2,000)
£7,600 to Lloyds Loan - £8,542.18 @ 14.5% (down from: £18,831.22)
£0 to MBNA - £7599.28 @ 0%

Total Debt: £16,141.46

---

Ceniza

beccie wrote: »

Thanks Adam, it's next on the hit list once my loan from my brother clears my CC so going to get the payments set up ready

It's really handy being able to make the overpayments online. Much easier than calling or going into the branch to do it

Kepp

It's a pain with the transfer fees isn't it, but with all that interest saved it will quickly shoot down

Determined_2b_Debt_Free

You really are a serious MSE now - look at those graphs!!! You'll be after Martin Lewis's job by the time you reach your DFD lol.

Not sure I'm going to ever restart my diary as the bubba takes up a lot of my time and I'm back at work 30 hrs per week but I like to drop in and see how you're all doing. I'm not quite as dedicated as I was as we're still getting back on our feet but I hope to join you all in overpayments and stuff in the near future if all goes to plan.

:beer: