I just need to say . . .

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That on Friday will be my last payment to Welcome Finance.

My last payment....

After five and a half years long hard slog I am finally nearly there. I feel like I have run a marathon with a huge anchor on my shoulders... can feel it slowly slipping off my shoulders and it's about to slide right off into the sea this Friday...

I aim to never ever take out another loan, especially one that somewhere in the small print they states 'our policy states we may increase or decrease the payments or percentage as when we deem necessary' ... I mean why did I sign that! Talk about giving a company a blank cheque! Of course they only increased the payments, never decreased....

Last year when I became a bit more affluent, I even increased my loan monthly repayment to try and pay it off more quickly however due to their 'policy' above it still took an extra 3 months!

I was grateful to receive the money, it allowed me to have a very fancy holiday in Vegas where I blew it all Red 32 :eek:.... kidding... but I was grateful, it allowed me to pay much higher debts and live from month without losing my house.

I just wanted to say to everyone who is currently on the loan hamster wheel of death... keep at it, there is an ending, there is light at the end of the tunnel and it's not a whistling locomotive....

I thought I would never see the end of this loan, I can hardly believe there is one payment left. I'll now have an extra £335 a month in hand. wow, haven't had that since I can't remember when.

Keep at it folks, you'll get there.
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Sorry for the drivel... you're probably asleep and not reading this anymore...:rotfl:

suzyp1982

well done! what you going to do with the extra cash each month? red32?

toothfairybuttkicker

well done great acheivement. I love stories loike this it helps me see the light at the end of the tunnel

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Thanks suzyp1982, think I'll be sensible and try Black this time... ;-)

going into holiday fund for the end of the year. .

thanks toothfairybuttkicker (funny name!) I needed a huge amount of kickupthebutt myself over the years, you will ge there!

Hovel_lady

That's great news :T

I am really pleased for you, thanks for sharing x

MrsTinks

If you've got used to not having that money set up a standing order for it to go into a savings account - you won't even notice! If you don't then I can promise you that before you know it that extra £300+ will just get eaten up into day to day living and you won't know where it's gone
Well done for getting to the end!!!

McKneff

Good for you:T:T

So it's all uphill for you now then.

enjoy...............

ceecee31

Fantastic. Well done you for slogging it out and winning. Can't wait to be there too, although I'll be old and very very grey by that time!

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Thanks all - I totally agree MrsTine - already set up! Cheers all xx

Firewalker

Well done, GJ and keep on - putting an amount away every month (at the beginning of the month) is the way. It adds up very quickly.

FW

Magpie23

Thanx GJ,

It's stories like yours that keep me going!
When I hear that other people have made it (and survived ), it really gives me hope that I can make it one day too. Especially, when I have made little or no payments on that day.

You're an :A thanx for sharing.

-x-