2007 time to make a dent

kevin_M

Ok its about time i made a big dent in my sig. the 2 main items i want to hit are the 2800ish left owed to lloyds tsb and the 800 left to the HP co.

Atm the snowball calc says both debts will finish in sept 2008 thats 22 more payments from now.

both debts are about the same apr so makes no diffrence. the only diffrence is that on the lloydstsb i can make overpayments on the other i can only settle it off with full and final payment (was thinking about moving it onto a creditcard to make overpayments) what you think ?. as i have no temptation to use my current creditcard. its only used to put petrol in then cleared at end of month in full. can get 13 months 0% bal transfer card.

Anyway guys hope everyone had a good 2006 and hope everyone has a even better 2007. or atlest get closer to that DFD

moozie_2

Hello kevin_M

Seems like you have thought about this and know what you want to achieve :T

If the CC will give you a lower APR, then by all means go for it if you now feel you are better with handling credit. Without knowing the fulkl details it's hard to know what the right thing to do is though

If both debts are the same APR, I would personally save and pay off the smaller one to get rid of it as that would give me a boost.

Up to you really how you do but best of luck!

kevin_M

Eather way im going to be hitting the targets at work hard this year for extra bonus and do as much overtime as i can get.

What i really want is to have both these paid off and money saved for a holiday. So if i dont pay these off i aint going on holiday

these 2 debts take up around £200 of my wage a month and i want it back this year

and being sub £9000 would be nice