The "Pay ALL your debt off by Xmas 2012" challenge

Kerfuffle

Hi InsertWittyName,

That is fantastic news, I guess you're beaming like the Cheshire Cat - I would be, and doing a jig :dance::j. Well done you.:D

InsertWittyName

Thanks Kerfuffle (love the name!),

To be honest, it serves them right - they took over the debt, removed all of the flexibility of it then ramped up the interest rate on it!

They have handled the complaint well though, especially considering some of the horror stories I read regularly on the forums about Santander.

Kerfuffle

Hi InsertWittyName,

We have a fixed-rate loan with Santander because they took over from Alliance and Leicester. I have to say we haven't got any complaints with them (yet), but coincidently I was looking through the paperwork today, and it seems there is an early redemption fee if we wanted to pay the loan off early.:mad:

I haven't actually got the money to pay the loan off, but I could pay it off with a cheaper method of borrowing that we already have in place, I'm just not sure whether the redemption fee would offset the gain by doing that. One side of me wants to save possibly a tiny bit of interest, the other side of me says it's too much hassle for what it's worth. If Santander is as bad as everybody says I may just go for the quiet life :rotfl:

Anyway, I'm waffling out loud.

I'm really pleased you've finally had a good experience with them.:T

strawberryR

Ok up bright and early this morning even though my day off I have just gone through my debts and can you put me down for £5900.56 please Mf0u. It is not as bad as I thought and very doable. Going to start my day by going in to town and popping to a bank I still hold an old account with it has a small balance in there so going to see about withdrawing and putting towards paying this off!

Starting as I mean to go on,:j:j:j

kerri_dfw

Morning all, most dangerous day of the month for me today ... payday eep!
It's a fleabay free listing weekend this weekend so get your items listed and make some extra pennies
DFW thing I'm doing today... not going crazy and buying the world and it's cat

strawberryR

kerri_dfw wrote: »

Morning all, most dangerous day of the month for me today ... payday eep!
It's a fleabay free listing weekend this weekend so get your items listed and make some extra pennies
DFW thing I'm doing today... not going crazy and buying the world and it's cat

Thanks for that Kerri, was thinking of listing things this weekend now I have no excuse. :T

forgottendreams

strawberryr wrote: »

thanks for that kerri, was thinking of listing things this weekend now i have no excuse. :t

+1...!!

twirly09

Can I join in please?

I have just over £1000 worth of debt (will need to work out properly later!) but im a student, with little income so by xmas 2012 sounds like a good target

idristhedragon

Morning all! A bit fragile here this morning! Went to a Neals Yard Remedies party at a mates last night, and ended up at another mates drinking prosecco at quarter to one this morning. Oops. However all it cost me was £4.25 bottle of wine and I had a lovely facial but didn't buy owt
Today I need to be productive. My boss is coming to work to observe me Monday so I need to prepare like mad, which unfortunately involves sorting my entire back room where all my work stuff/ paperwork is. I have started by making a list on a diary page of the whole of Dec of what's going In And what's going out direct debit wise on what date . I'm going to carry this on on my laptop as I'm o. The iPad and can't type properly

loubie_lou

The day i've been waiting for for 28 days, so here goes nothing!!!

£77.28 into the VSP
£300 into the savings (for a lumpsum to payplan)

Drum Rolllllllllllllllllllllllllllllllllllllll

£450/£13903!!

:beer::beer::beer::beer::beer::T:T:T:T

OTT I know, but it's my first payment under this challenge and i'm so excited!