Pay off as much as you can in 2011 Challenge!

[Deleted User]

Hi All

OH got paid today so we have sent another £735 to the credit card and this pays it off totally. This takes my total for the month to
£920/£9000. I am really happy with the start I have made!:j

lou06

Morning

Just sent another small overpayment of £20 to EGG this morning after reading everyone's posts. We were going to go out for lunch today, and that would have been the £20 spent and would rather shrink the debt that increase my waistline!

No. 17 - Lou06 = £839.51/ £8,500.00

andyjsg

I like pay day, you get to see larger chunks disappear, another £400 off NRAM loan, so;

No 159. £1391.94/£14,949.81

Usual payments and hopefully more over payments on the 1st of the month.

goodgirl80

sarahs999 wrote: »

what's the amount outstanding? is £100 a good percentage of it?

I've done it! That's £632.65 paid off my total. And my total debt reduced by a further £95.73. :eek::eek::eek:

Don't know why but this has made me feel rather stressed!!

jwil

[Deleted User] wrote:

Hi All

OH got paid today so we have sent another £735 to the credit card and this pays it off totally. This takes my total for the month to
£920/£9000. I am really happy with the start I have made!:j

Well done on clearing the card allie! :T

jwil

andyjsg wrote: »

I like pay day, you get to see larger chunks disappear, another £400 off NRAM loan, so;

No 159. £1391.94/£14,949.81

Usual payments and hopefully more over payments on the 1st of the month.

Payday is always good

jwil

goodgirl80 wrote: »

I've done it! That's £632.65 paid off my total. And my total debt reduced by a further £95.73. :eek::eek::eek:

Don't know why but this has made me feel rather stressed!!

Well done on paying it off. Why are you stressed? Will it free up some extra cash on a monthly basis now? Getting rid of a debt can only be a good thing?

jwil

Thanks for all the updates everyone. Can't wait til payday next Thursday!

goodgirl80

jwil wrote: »

Well done on paying it off. Why are you stressed? Will it free up some extra cash on a monthly basis now? Getting rid of a debt can only be a good thing?

I think it's because I've had my plan in place for so long, that anything outside of that is scary, even if it's paying something off early! I'm obviously a loon. Won't give me any extra cash, just means that I can pay more to the remainder of the debt each month.

I'm now on over 36% though!

nickynoo08

Morning all,

Have paid my usual £25 overpayment to our loan this morning

Running total now - £1121.10/£6000