Pay off as much as you can in 2011 Challenge!

abba1772

another £100 towards Cap One CC bringing my total to £2412.48 / £3500 :j

kavics17

rachelww1 wrote: »

:j:j Well done :j:j

Last payment of month for me today. Overpayment to Barclaycard of £321.49. Bring my total to £10843.02/£21000

Thank you:). You're doing well too, I'm just so glad that we're getting closer to pay off this debt!!!

suzie_wong

I've just paid £3075.15 to Intelligent Finance, clearing my account and taking amount paid to £4962.47/£6000:j
A little annoyed though that the lady that I spoke to said that there will still be interest to pay before I can close my account as it is charged in arrears :mad: I thought that when you paid off a balance there was no interest to pay. However, have just read the small print on the back of the statement and she is right. I'm going to check my other statements now as I tend to pay just before the payment due date on everything. I'm probably not helping myself

Ahh... well I have learnt something today. I quote...
'Interest is charged on a daily basis, so interest payments will increase the longer you take to pay, even before the monthly payment date.' That means that the accounts that I pay by DD are accruing more interest because they always take the payment on the payment due date..... sneaky. I'm going to cancel my DDs and pay them all earlier in the month from now on. It doesn't really make any difference once my wages are in my account.
I can't quite believe that I didn't know this before :mad:

jwil

suzie_wong wrote: »

Paid £449.74 to Barclaycard today, taking me to £1887.32/£6000 paid

Also asked to close my account with them, and was told that I 'might' receive letters in the post offering me a reduced interest rate and 0% balance transfer offer in the next few days :j
They also credited my account with £20 to apologise for 'the frustration of my interest rate being too high'!!:T

How on earth did you manage to get £20 apology, that's great stuff!

jwil

xx_michelle_xx wrote: »

Hi, :wave:

Warning: not 100% thread related but i'm so excited i need to tell someone!!

So, i've just had a phone call . . . and i got offered the job!! YAY!! I'll get more details on monday and will possibly go in for training on tuesday!!

Hope you all have a lovely weekend

xx

Congratulations! That's great news! :T:T:j:j

jwil

pinkarsenalprincess wrote: »

Just realised I haven't updated on here for a while! hope everyone is doing well.

Paid bank of mum and dad £200 today and £33.60 to MBNA

Total now stands at £1127.60/£4000

Feels very good to have cleared a quarter of my target. Even more exciting to finally get my car insurance settlement letter today....£3500 to go towards my debts! Just need to work out where to throw it :j

Great news about the car insurance settlement,:j (well kind of, presumably you lost a car in the process...)

suzie_wong

jwil wrote: »

How on earth did you manage to get £20 apology, that's great stuff!

I don't quite know! :rotfl:

I just said that I was closing the account because the interest was too high!! :T Unless they come up with a fab balance transfer deal I will quickly spend the £20, and then close the account :rotfl:

jwil

sarahs999 wrote: »

102.24 to FD (yes, even logging in from the USA, I'm that dedicated!)

Hee hee, checking up on us??

Hope you are having a good break!

jwil

seasideDreamer wrote: »

Well done Michelle...I've got my first interview tomorrow since October:eek: Luckily I actually have a job but really want to leave.

Paid off £55 off the Post Office card and Barclaycards £20 May minimum payment so thats £1731.83/£6842.49. I have also finally got my cheque through for SAYE, so thats another £384 I'll be paying off once it clears:j

Good luck with the interview today seasideDreamer!

jwil

kavics17 wrote: »

£700 overpayment on Tesco's.

Total running:

2. kavics17 - £10418.09/£19,200 +

Above the magic £10k mark!!!

Well done! :j:T:j