Pay off as much as you can in 2011 Challenge!

jwil

I've paid a hefty £15 today which takes me to £5500 paid off, woo hoo!

I've also emailed MBNA and asked them to close my card as it is clear and it was closed anyway, I was just paying off the balance. I've also asked a catalogue to reduce my credit limit, as although I will still use it for clothes, I don't need a huge credit limit.

affordmylife

well done jwil.

ive paid £350 today as i just got my wages for the month.

my total is now £2,350/£3,500

i am delighted but its so slow and painful. yet another month of scrimping and trying to make ends meet. oh well onwards and upwards.

xx

nickynoo08

Have just made an overpayment to our loan of £41.

Running total - £2129.85/£6000

sarahs999

jwil wrote: »

I've paid a hefty £15 today which takes me to £5500 paid off, woo hoo!

I've also emailed MBNA and asked them to close my card as it is clear and it was closed anyway, I was just paying off the balance. I've also asked a catalogue to reduce my credit limit, as although I will still use it for clothes, I don't need a huge credit limit.

Well done jwil, your debt's really going down.

Going to do some shuffling this weekend. Need to pick the best offer (I think I have three 0% offers at the moment but some of them have really high transfer fees). Then I think I'm going to transfer not only the Clubcard (which is suddenly costing me interest) but also a chunk of the First Direct card too. I Know I can't pay the whole thing off by August, when the 0% its on runs out, but I can probably manage a grand by then. So will transfer £1000 to the new card, leaving £1000 to pay by August. Costs less in transfer fees that way.

I always hope, when I do a balance transfer, that this might be the last one... but this time I really do think it might be. That leaves me the barclaycard to pay off by Feb 2012, and then this new card (prob Santander) to pay off by May 2012.

Already dreaming about holiday next year - to be saved up for when I no longer have debts! Want to take the family to Cambodia/Thailand, which is where I lived for a long time in the late 1990s. Took my DH there on honeymoon and he loved it, but really want to introduce my DS to it now. Flights are v expensive but once you get there it's pretty reasonable, plus I have tonnes of friends out there still so would save on hotels... Planning planning!

suzie_wong

A payment of £24 made to Amazon CC today, so the running total is £6172.04/£10K paid so far. Looking forward to working full time in September- well, not the working bit, but the fact that I will have lots more money to throw at my debts :T
(The working more hours bit isn't so good! )

seasideDreamer

No extra payments yet but hoping there will be extra come payday...just trying to make sure i dont over debt pay. No sign of anything olympic tickets coming off the Barclaycard yet on the house front BF has accepted an offer and moving end of June well if we can fine anywhere eek. So i have about 5500 on credit cards to go then need to keep out my overdraft. Added incentive to pay as much before i move as poss as ill now have a mortgage to pay:eek:

skaps

Me too I kept checking everyday and have had no luck so far - just want 1 ticket to one of the events.

Up to £1668.21 paid off so far.

[Deleted User]

Hi All
Me and OH get paid on 25 & 26 of May. I am hoping to pay off one of my loans outright once we have been paid:j. Question - should I wait until the usual monthly payment comes off on DD for the loan and then pay or pay before this comes off? Not sure if it makes much difference.

PiggyBankShaker

Hello all,

Today we paid off £500of my £7424 credit card balance.

A few more like them would do nicely!

Impulse1976

Well done PiggyBankShaker..

Number 93 paying £350 to the dreaded Egg today

Total £7,868.62 / £8,500 - 92% there - i am very pleased with my little old self.

I have still got more to go though once my target is done so might add another target once this one has been hit.