Pay off as much as you can in 2012 challenge!

fairyclicks

Payment of £50 made today making my total paid creep up to £1222.75/5000

jacci45

No 36 reporting.....PAD 10.00 so now owe 15484/31943 and paid 1096/10000...
Happy Friday all!!

166million

It supposed to be the 25th, but it's the closest working day

jwil

leictina wrote: »

Hi all, i have been lurking about for a while and would love to join you this year. At the start of the year i had a loan with £8206.20 outstanding (inc interest) and a credit card debt of £3501.18.

My target for this year is to clear my credit card and then save to request an early settlement for my loan (whilst still paying the monthly installments of course...), i am planning to include this savings pot as part of my "payments made" for this challenge if that is OK with everyone???

- so my overall target is £11707.38.

To the 29.02.12 i have "paid off" a total of £2478.68 of my target which is 21% - if i can keep this up i should be able to clear these debts this year.....

fingers crossed....

Welcome to the challenge leictina, good to have you on board Well done on the overpayments so far, and savings count here too

jwil

fairyclicks wrote: »

£60 paid off various CC's for me today

Total is now £1232.75/5000 # 88

vaguely wondering if i can reach £1500 by the end of the month will have to give it a go

fairyclicks wrote: »

Payment of £50 made today making my total paid creep up to £1222.75/5000

Hi fairyclicks, could you double check your total for me please? Should that £50 payment be added to the previous total or was that one an error?

Thank you

jwil

Thanks for the updates everyone, I've made a small pad of £5 today

Have a good weekend!

wannabehermit

Paid £15 to Very today, new total:

£756.55/£2000

sergeant_cookie

#109 checking in. Just paid another £50

cakelover_2

Hi All

£68 paid to CC so balance now:

£891.94/£3762.44 23% paid

Had an interesting letter regarding my bank loan yesterday. It said that my loan had reached maturity on 3rd March and they were charging me £36 extra for changing my payment date at the begging by about 5 days, shows how much interest they charge daily!!! :eek:
But, this means I had paid it off a month earlier than I thought and I only have the extra interest left to pay! :j:T So although I will actually end up paying a little more, in my mind I am paying less then I thought because it finished a month earlier. When it's all out of my bank and confirmed I will change my target amount, though this will probably go up with the extra cc I will probably add in, but yay to paying less than I thought! :j

cutestkids

A total of £226.29 paid off this week so my total is now at £2033.38 / £5000

:j