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1 debt in 100 days- official :)
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Hi and good morning all,
Just made my final payment for the challenge £1200 so that's it for me. Now paid off the Debenhams card and have written the letters to close 4 cards accounts and ready to send out to them later today.
In all I have managed to pay off 3 credit cards and one store card (and my tax bill). I can't wait for the next challenge as I have my eye on the Tesco CC and want that to be gone so badly. Two of my loan payments will end in July so I can't wait for that!!!!
Amara thanks for agreeing to run the next challenge - looking forward to it.
BBOriginal debt at LBM July 2008, £47, 654.34. Debt at January 2016, £21,443. Barclaycard [STRIKE]£9,000[/STRIKE]£8,756, Tesco cc [STRIKE]£3000[/STRIKE]£1,136. Debenhams storecard [STRIKE]£350[/STRIKE]£263, OD [STRIKE]£3,500[/STRIKE] £3,000, Corp Tax £3,036, Study loan £1,750, Smaller debts £2,000.
Since my LBM I have not been fully committed so now I have had a 2nd LBM.
Aiming to be debt free by December 2016:D0 -
well done BabyBetty although what on earth were you doing up at that time of the morning?????Goals for FebruaryDeclutter 2/50Money Made £0/£200Overpayments £0/£2000
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£10 paid today so £40 paid/ £414.89 remaining.
will be rolling this over to the next challenge and really want to get rid of my debt so will be looking for even more ways to raise some extra cash.PAD Maker0 -
Hi Starnac,
I'm a night owl and tend to get up in the middle of the night for a bit and then go back to bed. I was just itching to check to see if my very last weekly pay had come in so that I could pay off my Debenhams card. I am on holiday for 2 weeks and everything seems to go so slowly. Anyway since I can't pay anything more down until May, I will just have to occupy myself with finishing off my assignment.
Good luch everyone.
BBOriginal debt at LBM July 2008, £47, 654.34. Debt at January 2016, £21,443. Barclaycard [STRIKE]£9,000[/STRIKE]£8,756, Tesco cc [STRIKE]£3000[/STRIKE]£1,136. Debenhams storecard [STRIKE]£350[/STRIKE]£263, OD [STRIKE]£3,500[/STRIKE] £3,000, Corp Tax £3,036, Study loan £1,750, Smaller debts £2,000.
Since my LBM I have not been fully committed so now I have had a 2nd LBM.
Aiming to be debt free by December 2016:D0 -
Hi everyone,
Have not been on much as trying to rejig finances and transfer cards. Going to do the snowball later and see what is next to be paid of. I do owe £250 to a friend so am going to start paying it of now instead of my debs card and see if I can get it paid of early in the next challenge.
£30/£250
Well done everyone else. Cant believe the amounts some people have cleard of their debts. Thanks to amara for running this challenge and look forward to the next one.;)0 -
A minimum payment dd has gone today - a further £11.46.
So its now £843.12 paid, and £235.94 still to go.Debt free since December 2015. It can be done0 -
wow. I cant believe the amounts peopl ehave paid off of their debts during this challenge. Some payments have been more than my total income
. Anyway I am not going to manage this so unless I get a windfall so I will carry it over until next challenge along with another small debt. I will work it all out prior to the 24th. I am still really pleased with what I have managed to do. Well done again everyone.
5 Year plan. April 2020 to June 2025- CC and mortgage free by time I'm 60
Currently CC £23,674.36 /£14,895.41/£14315.42
Mortgage £28,214.65/ £26,254.71/ £25,746.43
By end 2020 I want CC at £ 19,000.00.
By end 2021 I want CC at £10,000.000 -
Very well done, Babybetty!! Another gal acheived0
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Another little payment today, taking me to £547.83/£500 paid :j
Looking forward to the next challengeSave £12k in 2021: Jan £1834.40, Feb £1692.810 -
Hello all, had day off to help my cousin yesterday and he insisted on giving me some money to make up for the holiday, so just payed another 100 off the monument card bring it down to 786.09 :-)DEBT FREE - MARCH 2012 - NOW JUST THE MORTGAGE!
MFW 2012 No.148:£1600 / £450.00
Mortgage - 102,57.160
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