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Very gone :)

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Well after a couple of not so good DFW months, for reasons beyond my control (household items packing up, kids school trips etc...) I've finally paid the last £100 off my Very Account :)

I had until the middle of March to pay off interest free and was getting genuinely concerned about making the payment.

I started a new full time job at the beginning of Feb (only temporary maternity cover) and today I got the first pay £600 more a mth than I was on! I've created a new spreadsheet to show how to use the extra payments on the highest interest debts. First thing this morning I went to online banking and paid those immediately, it was rather depressing seeing my balance decrease so quickly but at least I owe less :)
LBM 18/06/15 - [STRIKE]£20,276.64[/STRIKE] :eek:
01/07/15 - £19,897.02

Comments

  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    Well done. :)
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • Congratulations!:T Paying off a debt in full feels SO GREAT. Well done you!
  • Well Done!!
    Just bumbling along, trying to save some money
    Couldn't do it without coming here every day ;)
    :T:T:T
    £2 Savers Club
    Sealed Pot Challenge - ~1693
  • Thats great - keep going!
    Saving for our next step up the property ladder
  • Thats great news.
    Best wishes
    Ally x
    Official DMP Mutual Support Club Member No 30
  • Woo hoo well done you!!!

    I've been chipping away at my very balance for months & months & months & months you get the picture LOL

    Anyway I am down to £679.00 now - The online payment things not been working today so at my lunch I'm gonna call them & pay £194.00 off.

    I have a BNPL ending in April then another one ending in July so really need to make sure its gone cos no way am I paying them 40% interest eeeeeeeeeeeeeek!!

    I cannot wait to get mines cleared I can imagine how chuffed you are!

    Dxxx
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