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I've done it!!
Better_Off_1983
Posts: 385 Forumite
I have my final payout from LTSB Credit Card! I was only expecting about £40.00 as my LTSB credit card balance was £90.00 I would have used the £40.00 to pay off the balance and pay the rest of the shortfall.
Today, I had a payments of £1257.00 for PPI on the credit card!
So I have just cleared that credit card, paid off a catalogue bill of £49.50 and just cleared my final credit card with the balance of £1183.25!
I still have £3000 to date sitting in an ISA account as well!
I have done it, I was in as much as £30k worth of debt, the PPI I had was up to £7k - I used £4k of that to clear the outstanding debt I had!
I predicted to be debt free by February 2013- But I am debt free before Christmas 2012! This is the best pre-Christmas present I could ask for!
I have instructed the companies to close the credit cards as well.
Today, I had a payments of £1257.00 for PPI on the credit card!
So I have just cleared that credit card, paid off a catalogue bill of £49.50 and just cleared my final credit card with the balance of £1183.25!
I still have £3000 to date sitting in an ISA account as well!
I have done it, I was in as much as £30k worth of debt, the PPI I had was up to £7k - I used £4k of that to clear the outstanding debt I had!
I predicted to be debt free by February 2013- But I am debt free before Christmas 2012! This is the best pre-Christmas present I could ask for!
I have instructed the companies to close the credit cards as well.
DEBTFREE AND PROUD!!
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Comments
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Well done :T:T:TLBM 11/2009 Total Debts 11/2009 £44624 with DFD 2015
Debt Free Date: 14/11/2012 :j:j:j0 -
I'll have a drink for you tonight
You must feel absolutely amazing right now. Well done, you're an inspiration.0 -
Well done you is right!!!
Congratulations
Hope you have a lovely Xmas this year.
JCG
xx:smileyheaMarried on 20/07/2012! :smileyhea
:DBought my new car 11/08/12:D:cool: Save £12k In 2013 Num 009! £5502/£5000 :cool:
Save £12k in 2014 Num 22! £2131/£3000
Emergency Fund £00 -
That's great well done you :T
FaeLBM 29/10/2013 £14,218.00 As of 13/04/2014 £6477.00
Paid 54%
3 months to go 13 weeks
DFD 28th August 20140 -
You'll be having one (or more!) of these :beer:
Well done and enjoy your money now!! :TWealth is what you're left with when all your money runs out0 -
Wow. Amazing.:dance:0
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Thanks guys!
It can be done, it just requires alot of cutting back, budgeting, discipline and will power.
I think it helps if you work in finance as well (which I do!) I work in credit card collections!! :ODEBTFREE AND PROUD!!0 -
That is fantastic news!!!!! Well done you!! What an amazing start to your Christmas. Get that tree up, and get celebrating!!!
A black belt only covers 2 inches of your a$$ - You have to cover the rest yourself - Royce Gracie0 -
I'm so jealous.
I'm a bit behind you, but I'll (hopefully) be DF by the middle of 2013.0 -
great news! Just goes to show what you can do!Debtfree!0
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