Pay One Debt 2012!

freebyfifty

sandhawk2701 wrote: »

Paid off my barclaycard.....balance now stands at 0.00!!

now to tackle nationwide one....£2,826.96!!! This is on 0% but not sure how many months left on it. I am due a £22.20 Quidco payout so will throw that at it when its in the bank.

Well done :T on the barclaycard and good luck with the nationwide one

freebyfifty

Well, another PAD to the card this morning - £1.57 . I am really looking forward to getting my statement now, which is a first!!!!!!

#8 freebyfifty ~ Capital One £21.03/£1399.37
£1378.34 left to pay :eek::eek:

Have a great Wednesday x x

mandz1

£24 payment today which means so far i have paid £300 off since starting this challenge.

Makes me now #30 £1896/£2196

freebyfifty

For the first time in nearly two weeks I haven't been able to PAD anything on to my debt My bank account was nice and tidy this morning so there was nothing to PAD

I am feeling a bit deflated, PADing is definitely addictive


#8 freebyfifty ~ Capital One £20.46/£1399.37
£1378.91 left to pay :eek::eek:


Never mind, a direct debit is due out tomorrow so I'll be able to tidy up then

DebtFree2012

Morning all

I haven't been on for a few days as waiting for pay day however suring those few days I paid £11.96 bringing my "copper jar" total to 62.91 for January. These are from tidying up my account every day to round to nearest £10. I won't be able to make such big tidy ups each month but it's better than nothing.

So today I paid £200 extra to my loan on top of the above PLUS my monthly direct debit of £167.63. Therefore I declare January's total to be 430.54 paid however interest is then applied so balance shows:

#65 361.78/3486.86

I am SO pleased with that! It read c£11 not that long ago!

During Feb I will keep updating my copper jar totals until the bigger payments at month end. It keeps me going!

BTW - months are 25th - 24th

brighty247

Hello,

Number 59 - now £69 paid off Tesco card with £476 left to go!

Thanks,

Brighty

freebyfifty

A little PAD to my debt this morning of £1.00, it all counts and today was the last day for payments before the statement and interest gets added on. :eek: Fingers crossed it's less than I worked out.


#8 freebyfifty ~ Capital One £22.03/£1399.37
£1377.34 left to pay :eek::eek:



Have a great Friday x x

DebtFree2012

Let us know how you get on re interest - I too am in the same boat however mine is with my loan. It used to be a fixed amount that you could pay however they've since changed this so you can overpay - I don't know what that will do to interest so an't wait to find out.

xx

freebyfifty

I will let you know how I get on with the interest. I'll either be yelling through frustration or singing from the roof tops :rotfl:

No PADing to be done today because everything stands still in the bank account over the weekend but I will be back to it on Monday to put it all to February's credit card payment

Have a happy Saturday x x

abundant1972

Ok. Have been reading through the Forums and have changed the debt I am paying... changed to my Capital One Card with a balance of £450.00 (it charges a ridiculously high interest rate). Used all my savings (after reading a forum article on paying debts before saving as i would make less by saving than the credit card interest would amount to) and have ploughed £120.79 off this debt today! Yay!!! I do have the security that if things get *really* bad - this card will be my emergency fund... BUT - only to be used in dire emergencies!!!