A Payment A Day - Part 10!

Little_bit_dizzy

Allie_Ballie_Bee wrote: »

Can I ask some advice?
Am I best to save the little amounts over a period of say a week and then pay a bill, or should I pay the little amounts immediately to a bill. It would be great to hear your thoughts. :beer:

Like Silaqui said, it depends on the debt in question and your own own preferences. Personally, I quite like to pay my Cap it Alone credit card, in little payments on their website using my debit card.

It's just part of my odd sense of humour, as I guess they'll probably be paying a flat fee per transaction. (My business gets charged about 20p flat fee for each debit card transaction) so I figure if I pay £1 or £2 at a time it costs them more :T

Lets call it pay-back for all the times they charged me overdue fees, over limit fees etc when times were really tough...

buddiebabe

Hey

PAD £4.92 (£3.02 to Santander to bring it under £300 so it now stands at £299.98 £1.00 to RBS CC1 and 90p to RBS CC2 figure i should concentrate on these two as they are the highest interest... althought i'll probably change my mind 2moro)

Buddiebabe x

twiglet98

First PADs yesterday :j

Finished work early for a hospital appt meaning I was (unusually) near a branch of Barclays in the afternoon.

Barclaycard, normal payment day, I paid the usual £200 by direct debit...
PLUS £40.00 from pound coins saved in my jar which I paid to B/Card at the Barclays branch.

When I got home, still on a roll, I then made mid-month payments of £32.16 to CapitalOne and £15.00 to Egg, to round the balances down.

Yesterday's total PAD £87.16

Will save coins and overtime all week and make extra payments again next Friday. Or doesn't that count... PAW rather than PAD?

twiglet98

Little_bit_dizzy wrote: »

Like Silaqui said, it depends on the debt in question and your own own preferences. Personally, I quite like to pay my Cap it Alone credit card, in little payments on their website using my debit card.

It's just part of my odd sense of humour, as I guess they'll probably be paying a flat fee per transaction. (My business gets charged about 20p flat fee for each debit card transaction) so I figure if I pay £1 or £2 at a time it costs them more :T

Lets call it pay-back for all the times they charged me overdue fees, over limit fees etc when times were really tough...

I was thinking about this and must check the T&C - with Egg and CapOne I'm paying off at 16.9% and both cards have been suspended, simply because I rejected their proposed hike in interest rates early in 2009. I'm wondering now if there's any penalty for paying more than the minimum, especially in frequent little amounts?

It suits me better to aim for PAW (payment a week) but could do PAD with a little organisation!

sophia-abigail-mummy

Morning everyone been up most night with daughter being sick everywhere:(. I have been doing the PAW thing already as I dont have time to pay of every day so I put in saving jar until friday and pay them off then it works for me. I am still doing a PAD but not banking until friday.
HTH
My PAD for today is £1.05 to savings jar. Hope i dont go down with what daughter has. :eek:

Erme

Morning all...bad day yesterday...really down in the dumps so went out, bought and duly smoked 1/2oz of tobacco..However today back on track with a PAD of£5.26 from click sites on OD (which has already been eaten up :eek:

And also had to dip into rainy day fund to pay for e-cig batteries I urgently need though officially they're coming out of next week's budget.

Anyhow....if it don't rain it pours LOL

E

lewis70

Morning been having a small cash flow issue so today is my first PAD of the week but did a weeks worth in one and paid £6.50 ,slowly does it . I am not a wake yet just dropped OH at is fishing match .

nickynoo08

Morning all

Hope your daughter gets well soon sophia-abigale-mummy, it's awful when there poorly like that. My little boys not been very well for the last few days and yup i've now got it:(

Pad today is another £1 to my tesco stamps please

sunshineyday

morning all

PAD of £4 for me today Flyin, (1 to cc & 3 to savings)

whoever it was that said this was addictive is spot on!

have a great day folks, xx

boysma

Morning all

5.00 pad to cap one please FF.

Hugs to all the sick padders and their kids:A

Allie - I pay cap one every day with small amounts - the smallest they allow is one pound and have never been charged any extra. Mind you they are charging me 24% interest as it is:mad: I am on target (thanks to padding) to totally clear this by October, if not before. For the past 10 years i have only been paying min payments and normally maxing it out when i needed to so i can't thank this thread enough that i have even got it below 2k - hth:)