Pay off as much as you can in 2013 challenge

smcshane

I know it's not officially April yet but as I got paid a little earlier this month have already made my payments so they clear as quickly as possible as its all about paying as little interest as possible

I also only have one more payment to Cabot :T and then my only defaulted account is paid.......YAY. Have also managed to get myself a 0% Capital One card only until Oct but with the shocking credit rating I have things must be improving. This is at least 6mnths of no interest on a portion of the outstanding which I would have had to pay, so all good really.

I will update my signature which takes into account interest when all my statements arrive.

Anyway scores on the doors,

Member 121 reporting
[COLOR="rgb(255, 0, 255)"]£368 paid so far for April so it now stands at £1115/£4000[/COLOR]
:T:T 25% of my target reached.

millionaire_in_training

£87.50 today so now at £1,983.82/ £6,000

seasideDreamer

Another £14 paid off the PO card so that's
£312.40/£2125

Lilith1980

Hi, I know I have come in a bit late but I have £7,142.13 to pay off on my credit card. I'm not sure if I will be able to pay it all off this year but am going to aim for as much as possible

I finish paying for a uni course in June so from then on I should be able to start making some larger payments off the card

Can I just ask though - my card is at 0% currently but will go back to its standard rate in August. Do we still count what we have paid off on the card, because if interest is being added then not all of what I pay off will be coming off the balance, if that makes sense?

Good luck everyone

Tiglath

I've gone for payments made towards my goal rather than the net effect of what is paid off - it was easier to figure out as I can't be sure my interest calculations are exact. It's up to you really - people on here seem to do either, as they choose. Some people report each payment made; I normally just give a monthly update. Good luck

Lilith1980

Thanks Tiglath

BritAbroad

No. 75 here, made another payment today, so a good start to April. Up to £5,349.59/£10,000. Now £4,650.41 to my target.

millionaire_in_training

£42.25 today so now @ £2026.07/ £6,000

kobrakai

Not updated in a while, but have paid £50 off my overdraft, £25 off my Barclaycard and £75 off my Capital One card.

Total is now £551.64/£2165.47

Princess_nola1

No. 129

Can't remember my last update so heres the totals: £1149.22/£5774.42 = 19.9%