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SS's 2007 Debt Free Challenge

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  • Gonna retire my debt diary and use this place as my sanctuary so no doubt it will turn into a big a farce as the last one! :p

    Suppose I should list what I owe as of today.

    Egg (Limit - £500) 16.9% - £0
    Capital One (Limit - £6,000) - £3,085.13
    Morgan Stanley (Limit - £2,300) 5.9% - £1,968.79
    American Express (Limit - £2,900) 4.9% - £2,496.65
    Barclaycard (Limit - £1,950) 4.9% - £1,654.84
    Tesco Loan 6.7% - £13,392.90

    Total: £22,576.31

    So here we go. Wish me luck. :)

    First what is your Capital One rate? Second are they LOB as you haven't stated when the promotions finish?
    Lighbulb moment Mar 06 :think: Total debt £26023.60 Apr 06 :eek: Total Debt Now £22714.87 Total Paid Off £3308.73(12.71%) Debt Free Date 2013_party_
  • Thanks very much all for you words of support. :)

    I'm gonna need it to pull this one off! :eek: :D
  • First what is your Capital One rate? Second are they LOB as you haven't stated when the promotions finish?

    Capital one has about £1,000 at 3.9% and stupidly the rest is 12.9% where I transfered after the intro period. :doh:

    All the others are life of balance cards. :)
  • Brassic
    Brassic Posts: 557 Forumite
    Good luck SS!!!
    Debts @ lightbulb moment (13/06/2006) - £59,842.23 :eek: All commercial debts now clear!!! :T Debts April - £20,000 to family (incl extra £10k borrowed for house deposit). DFD - Aug 2014
    Proud to be dealing with my debts
    Goal of the month - £500 on groceries for family of 5 - Apr 2011 - £620! :( May - £454.85 so far.
  • *zippy*
    *zippy* Posts: 2,979 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Good luck SS, I have about the same amount of debt so look forward to following your progress. Heres to 2007 the great debt busting year :beer:
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    you've messed with me head ..it's the first one for me at 23.46 and i'm drunk another new challenge between you and gp and os flylady man have i got a busy year...i know you will manage (that much i do know) but me i'm gonna struggle(drunk sp) ss what am i gonna do when you have made it (don't leave me) ..ok i'm drunk will probably have to fix this tomorrow...sorry inadvance...honest i really am sorry... hic
  • dawn2dusk
    dawn2dusk Posts: 529 Forumite
    Go SS go, its hell of a challenge, you can do it. Good luck. :T :T :T
    Amazon No:17

  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    just read wot i wrote ..sorry ..(still drunk though)
  • Seaxwyn
    Seaxwyn Posts: 4,896 Forumite
    Please can somebody tell me what it is with the car mats???
    Total debt: 1 January 2007 £[strike]49,387.79[/strike] 1 January 2012 £[STRIKE]19,312.85[/STRIKE] 1 August 2012 £11,517.62



  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    oh hunny ss will fill you in ..(ask about the spuds and the tooth comb too ...ss i totally luv him ..like a bro he is unique..no-one does spud like ss) still drunk...(god i'm gonna regret this tomorrow)
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