Pay off as much as you can in 2012 challenge!

jacci45

No 36 reporting...PAD 5.00 now owe 15044/31943....paid in 2012 1536/10000.14,000's here I come!!

Happy Wednesday all....

seasideDreamer

Samjangi wrote: »

Hello All
I am so excited! I got an almost unexpected windfall of £1400 from a PPI reclaim! I only had a 2 minute conversation with Halifax on the phone ( was actually trying to reduce interest rate!!) and 5 weeks later got a letter and next day a check. so I paid it towards debt before could get too tempted to find other uses for it!! LOL
So that is £1400 for no 96 please!

Great news! I had a far smaller one at just under £300 from car gap insurance when they sent me a garbled letter, called them to see what they were wanting, they asked me 3 questions then gave me my money plus 8% interest back, result.

sarahs999

Samjangi wrote: »

Hello All
I am so excited! I got an almost unexpected windfall of £1400 from a PPI reclaim! I only had a 2 minute conversation with Halifax on the phone ( was actually trying to reduce interest rate!!) and 5 weeks later got a letter and next day a check. so I paid it towards debt before could get too tempted to find other uses for it!! LOL
So that is £1400 for no 96 please!

amazing! good for you

jacci45

No 36 reporting PAD 10.00...now owe 15034/31943 and paid in 2012....1546/10000

Happy Thursday all!!

runninglea

no 47 - paid normal £256 off car, £122 off loan (only 2 more payments to go - I hope) and £225 off c/card.

total 3539/20285 so just £603 paid this month

jwil

snailmail wrote: »

just out of interest...are others taking into account their monthly DDs as well as any overpayments into their total? I've only been counting the extras, but I'm not sure if this is right....

Hi snailmail - this year I'm counting everything I pay towards my debts so I can see how much money I'm wasting . Last year though, I only counted how much I reduced my debts by.

People do both on here, it's whatever works best for you. There's no right or wrong way

lynnsey30 wrote: »

Morning all no payment to report today BUT I finally have worked out my debt free date ok so its April 2017 but for the 1st time I actually have one lol have amended a standing order so could I change my target for the year please to £3000???? Not sure if thats allowed so just let me know please thankyou.
:T feeling very happy now:j

Well done on working out your DFD, you can now work on reducing it No problem to change your target, I'll do it now

jwil

Samjangi wrote: »

Hello All
I am so excited! I got an almost unexpected windfall of £1400 from a PPI reclaim! I only had a 2 minute conversation with Halifax on the phone ( was actually trying to reduce interest rate!!) and 5 weeks later got a letter and next day a check. so I paid it towards debt before could get too tempted to find other uses for it!! LOL
So that is £1400 for no 96 please!

Wow, that's a great amount, and well done for paying it straight to a debt :T

jwil

Thanks for the updates everyone

DedicatedDFW

Hi everyone

Just popping in about the 'working out your debt free date' - its actually something i've never done :o:o

i've just looked at my debts and gone right this is what i owe this is how i'm going to raise the money i'm wondering if it would be good for me to look at the properly calculated way - or if it would scare me too much by saying extremely futuristic year when i'm thinking august this year Alot of my target does rely on me earning extra in order to achieve it and as i'm no longer working p/t as well as f/t i have lost a chunk of income

lynnsey30

Thanks for that jwil I'm feeling so much more in control of everything since I found this site and started this challenge