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Woohoo another £1000 bites the dust

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just feeling good payed the months bills debts, etc and now im under £14k

running out of ideas now for making extra cash apart from overtime, quidco etc

was just looking at my SOA its amazing how much spare cash i have now each month considering i used to have problems at one time

the only problem is soon i cannot overpay my debts because the bank willnot let me.. so my only option is to take out another loan (less APR) to pay off bank loan so i can make over payments to loan.

Who thought paying off debt would be so much hard work. they scream for money when ya skint. When you have a few quid spair they dont want it..

Comments

  • Storm
    Storm Posts: 1,749 Forumite
    Debt-free and Proud!
    kevin_M wrote:

    the only problem is soon i cannot overpay my debts because the bank willnot let me.. so my only option is to take out another loan (less APR) to pay off bank loan so i can make over payments to loan.

    Wouldn't you be better off putting what would have been the overpayments into a high interest savings account?

    Well done on being below £14K, I'm only just starting out as a DFW, and hearing about people like you who've made huge dents in their debts is really inspirational :T
    Total Debt 13th Sept 2006 (exc student loan): £6240.06 :eek:
    O/D 1 [strike]£1250 [/strike]O/D 2 [strike]£100[/strike] Next a/c [strike]£313.55[/strike]@ 26.49% Mum [strike]£130[/strike] HSBC [strike]£4446.51[/strike]@15.75%[STRIKE]M&S £580.15@ 4.9%[/STRIKE]
    Total Debt 30th April 2008: £0 100% paid off!

    PROUD TO [STRIKE]BE DEALING [/STRIKE] HAVE DEALT WITH MY DEBT ;)
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