A Payment A Day - Part 11!

never_too_old

Good morning all
my name is lmh and im a member of padders Anonymous(but not so Anonymous):T:T

my pad is £20

squeeeek

a huge 42p for me today please gap!

nickynoo08

Morning all,


£53.65 for me today to various pots please

Smart_Guy

£10 for me today. Thanks

mooomin

£2 for me please

Eager_Elephant

Hi

I have a slight problem and thought I would ask the collective wisdom of this thread.

How can I make the snowball calc work for me when one of my debts has 2 different interest rates?

I know from the minimum calc on here that my Barclaycard will take 35 years and 10 months to pay back and I will pay £13,575 in interest if I only pay minimum payments. :eek:

But my Halifax is still on the old rate of calculating minimum payment so I have to cover the interest and charges plus £5 every month so my debt literally reduces at £5 every month and according to my calculations it will take about 37 years to pay back :eek: but I am not sure what the total interest will be.

I have about £850 being paid back at 6.95% and £1371.78 being paid back at 17.95% so although the interest is lower it will take longer to pay back so should I make my PAD's to Halifax or Barclaycard?

saorsie

£12.35 from me today please GAP

-s-

JayJay14

Hi everyong, hop you are all having a good weekend.

My pad for today is £3.51 to the change jars.

Thanks Gap.

itsapuzzle

Afternoon All

Just signing on for todays pad, now i did a little pad before work and now I am back I have completely forgot what it was, nothing bit just a few odd pence so my totals gonna be all out until I have the accounts updated....

So my 1st pad was afew odd pence and my second one of the day is £8.25 to the a/c, 5.75 to mom, and £3.50 to the cc. Total for today £16.50
Not sure if ill be padding tomorrow as I have done 2 today but we shall see
Thanks

Puzzle

Allie_Ballie_Bee

£8.00 for me today please GAP