Pay off as much as you can in 2011 Challenge!

belfast_girl

woo hoo another £1.73 - bringing total so far too £424.36 - hoping for at least another £100 at least before the end of the month. Lets hope i can stick to it, as away to Dublin for the night on Sat with OH!!

boysma

A small payment of 5.00 to my cap one cc today. Total now running at:

731.28/10,000

Amethyst68

Made payments this morning of £165.41,total so far is:

£446.16/£2500

Amethyst68

Hi jwil,
Please would you change my total payment for the year to £4865.16.
Thanks.
Ax

fedupandskint

Overpayment today to M+S of £30

New total £585/£5000

novagirl

£54.42 paid off today so my total to date is £250.86

Going to do a bit of reviewing and some surveys to try and boost that total. :j

dentonemma

Number 43 reporting in paid £135 towards my Egg Card today.
£804/£7500

Thanks

jwil

fizzypops wrote: »

just made an overpayment to hsbc cc for £2.00, i feel like im slacking as everyone is doing so well.

You're not slacking fizzypops, you're overpaying and that is the main thing!

dougyd wrote: »

Glad to join in this challenge.

My target for 2011 is £10,100.

I've made a positive start to the year by selling my car and negotiating a reduced F & F on a loan through this i've managed to settle £2900 of debt with a reduction of £900 on the original balance.

I've also bought a car that although cheaper will bring me much more happiness. So win/win.

Well done with your success so far dougyd, that's a great result!

Yoyosam wrote: »

I have had a bit of a hiccup this month. My good intentions have been thwarted :mad:

My pay date is the last Friday of the month but my wages always land in my account early so it could be Tues, Wed or Thursday. So Decembers pay day would have been Friday 31st December. In the past years I have been lucky to get my wages just before Christmas which is as broad as its long - if you get it before it is easy to be tempted and spend on the last minute must have things for Christmas. If you get it after - you haven't wasted it on those last minute must have things.......

Anyway I didn't get my wages before Christmas and was concerned about paying my CC which was due on the Thursday 30th December. I rang the CC up on the Wednesday saying my wages are due but with the Christmas holidays & bank holidays (Mon & Tues) I was worried that it wouldn't come through in time to pay cc, could I cancel the direct debit? They said no it was too late (even though not due till the next day)
I said I was worried about being charged - they said I wouldn't be charged (on reflection I think they were referring to the 1,000’s of delayed statements due to the bad weather but never the less that is what they said to me - I wouldn't be charged) However I did make a payment of £20 I guess I was trying to show willing

My wages finally showed up online on Thursday 30th. Over the next few days I kept checking with the bank to see if the cc payment had been paid as the CC told me it had - but I knew it had not been taken from my bank account. Eventually it turns out that it hadn't been paid so I have been charged by my CC £12 for late payment, £12 unable to collect payment £24 in total

On top of that my bank has charged me because they decided not to make the payment - I can't work out yet what they are going to charge me - might be £5

The root of the problem is that after my statement dated 5th Dec I decided that I would have all my DD coming out of one account. I contacted the CC to ask them to change the account of the DD and they said they would but it wouldn’t be for this statement period. I then got a letter dated 14th Dec confirming this and in bold it says to continue paying in the usual way.
However as I was anxiously waiting for the payment to be taken on the 30th I did notice that the CC DD instructions were now showing up on my 2nd account and this was the account that the CC were trying to take the money from and of course there wasn’t enough money in the account. I have rung them and told them they were in the wrong as they were the only ones to know that I was changing accounts and therefore they had organised too soon and that I shouldn’t be charged, although it is too late for the next statement and they have agreed. I now just have to sort out my bank as I don’t think I should be charged by them either. My wages didn’t show online till mid day on the Thursday but now I notice online it is showing my wages as being in my account on the Wednesday!

Sorry to ramble on but needed to get that off my chest. I have tried really hard to have a good start to the year by paying off £250.29 but feel my efforts have been marred by another blot on my copy book – they letter from the CC telling me I am overdrawn and they will not authorise any transactions – I know the letter has crossed over but it is just making me mad

I would get back on to your credit card yoyosam, if they were trying to take the dd out of the account they told you they wouldn't be able to then that seems like their fault, not yours, and in actual fact if your wages were in on 30th, then the dd wouldn't have bounced anyway had they taken it from the account they told you they would!

jwil

Startagain wrote: »

Hi - can I please join?

debt 5157 - paid off so far this year 550
so is that

550/5157 ?

thanks for your help.

Welcome Startagain, you've made a great start. Good luck with the debtbusting!

jwil

nextyeartina wrote: »

hi

not been on for a lil while but still here :j. get paid on friday so will update over the weekend when i've done my sums. call me thick but can i ask, what is an overpayment?? is it when you pay off more than the min payment??

t, x

Hi nextyeartina, yep an overpayment is anything above what you are asked for. It all helps getting rid of those pesky debts!

Amethyst68 wrote: »

Hi jwil,
Please would you change my total payment for the year to £4865.16.
Thanks.
Ax

No problem Amethyst, I'll do that now.