The 18k Challenge

DontDoDebtKids

becsxxx wrote: »

You only get a statement from the Student Loan Co once a year, but think I'm justified in taking £600 off my total (the rest being to cover interest). Agreed?

Just a thought - I actually keep track of this since Imelda tipped me off that the SLC aren't the best at stopping taking money from your pay unless you check with them (in effect, tell them) that you've actually paid it all off. Obviously you won't be able to guage what the interest you are paying is exactly but you can track the payments made towards the loan.

It means that your debt total goes down 11 months out of 12!

DontDoDebtKids

becsxxx wrote: »

At least you're getting some interest! I've not had a single offer... :mad:

Sod it. I've accepted.

Now we wait (and wait and wait) for the paperwork etc.

DontDoDebtKids

becsxxx wrote: »

At least you're getting some interest! I've not had a single offer... :mad:

It looks like you are in the same boat I was a few weeks ago. Bear in mind that there is a bank holiday weekend coming up so there might be more buyers out there.

I had to lower the price to get some interest, quite a lot actually, and then the offers I got were 5% and then some under the reduced asking price.

I'm not sure if buyers are timid or whether the market isn't as rosy as some like to paint it!

At least I made a little bit of money. I'll be able to pay off my debts and save the rest. I've also got a load of furniture to ebay, probably this weekend!!!

Aaaaargh! :mad: Cooped up in a small flat with my camera taking pictures of everything and listing it is going to drive me mad!

DontDoDebtKids

Come on people, let's have some posting action!

PS I am stubborn so will keep this thread going myself if I need to...

becsxxx

Bad news from me I'm afraid.

My partner and I actually split up last week. Very sad, but also affects me seriously financially, as I actually own the flat we have been living in, but he has been contributing half of everything.

He has moved out now so I have to pay for everything myself, including £900 service charge bill which arrived today

Am going to have to struggle through to September (when I get HUGE payrise) and see what I can do then! Can't see my debt going down very much in the meantime.

Am VERY depressed

DontDoDebtKids

becsxxx wrote: »

Bad news from me I'm afraid.

My partner and I actually split up last week. Very sad, but also affects me seriously financially, as I actually own the flat we have been living in, but he has been contributing half of everything.

He has moved out now so I have to pay for everything myself, including £900 service charge bill which arrived today

Am going to have to struggle through to September (when I get HUGE payrise) and see what I can do then! Can't see my debt going down very much in the meantime.

Am VERY depressed

I'm very sorry to hear that Becs - it sounds like that's really going to stuff up your budgeting. Not really what you need, on top of the emotional stuff.

I can't think what to suggest I'm afraid - how's your SOA looking? Perhaps you might want to share it with us and we might be able to help...

DontDoDebtKids

OK people,

I'm down to £12,500...

DontDoDebtKids

Haven't heard from Mirtos for a while but her sig currently says:

Official Debt Free Wannabe Nerd Club member 095! Debt Now:
M&S £5000 £4140.84 - 3.9% |Cahoot Loan £8646.96 £7641.66 - 5.8%| Barclays OD £2250.00 £991.99 - 0%
Grand Total = £22,540 £12,774.49 Total paid off since 31st May '06 = £9634.58 Semi-DFD Dec'07?
Savings for temporary unemployment fund: £263.05 @ 8%, £0@ 4% Total savings: £263.05 Target: £2100 by 25/05/07

£18k Challenge £18934.21 £12,774.49 to go!
Proud to be dealing with my debt.

So she's down to £12,774.49 (and has £263.05 in savings) = £12,511.44 by my reckoning.

Shineyhappy

DontDoDebtKids wrote: »

OK people,

I'm down to £12,500...

:T

Well done! :j

You must be rather pleased, have a drink on me :beer:

DontDoDebtKids

DFW cup of water from the work machine i think..