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I've just paid off my....

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  • I've just paid off ............ the last of my loans.

    About 4.5 years ago, I was in debt to the tune of c £15,000.

    Now, I have nothing but everyday bills (Rent, CT, Utilities, car etc.) to pay.
  • Well done Bedsit:beer:
    Owing on CC £00.00 :j

    It's like shooting nerds in a barrel
  • I've had 3 catalogues paid up in the last month :) one more to go and I'm catalogue-free!!! :T can't wait and will never use one again! Also paid 2 small CC's off and potentially another just waiting to hear bk from them (We made f&f offers hence why so many have been paid at once) :) great thread!
    MORTGAGE BALANCE when we moved Aug 2024, £120,000. January 1st £118,267.06. May 1st, £116, 123, June 1st, £115,536, New mortgage added for extension- £165,000 July 1st!
    Mortgage Overpayments - September-December, £152.46. J- £103.27, F- £115, M- £91.50, A- £100, M- £200, J- £200. J- £200.
    Total- £1162.23
    Goal pay off 1% of current mortgage in 1 year. £1200. (96.83% there)

    EF- first goal £300
  • What a great post! :beer: have paid off my Next catalogue of £185 :jwill be a while before I can declare another one paid off though :(
    Savings target: £10,000 by December 2015!
    Total so far: £3470.00 = 34.7%
  • webitha
    webitha Posts: 4,799 Forumite
    well i have paid all council tax that i owed including the remainder of this years..and i have knocked off £400 off the overdraft
    less than £4k owed in total now

    even better i have started saving and have £180 in savings
    (in savings.....i love saying those words)
    If we can put a man on the moon...how come we cant put them all there?

  • I've just paid off my ........................... car insurance, in one lump sum.

    Not done that in a good few years.
  • locotoro
    locotoro Posts: 42 Forumite
    Bedsit_Bob wrote: »
    I've just paid off ............ the last of my loans.

    About 4.5 years ago, I was in debt to the tune of c £15,000.

    Now, I have nothing but everyday bills (Rent, CT, Utilities, car etc.) to pay.

    I bet you feel like this guy...

    old_spice_on_a_horse.jpg

    Debt Update: £4,617 :j:j:j

    Start of Mission to eradicate debt (July 2013): £13,600

    Target: Debt free by Dec 2014 (exc mortgage)
  • locotoro
    locotoro Posts: 42 Forumite
    webitha wrote: »
    well i have paid all council tax that i owed including the remainder of this years..and i have knocked off £400 off the overdraft
    less than £4k owed in total now

    even better i have started saving and have £180 in savings
    (in savings.....i love saying those words)


    Sorry webitha, you go too far!

    Paid off debt AND started saving - everybody...get ready...the love train is about to dock!! :beer: (not in a weird way:o)

    Debt Update: £4,617 :j:j:j

    Start of Mission to eradicate debt (July 2013): £13,600

    Target: Debt free by Dec 2014 (exc mortgage)
  • Okay.... after paying off my Next card, I said it would be ages before I paid off my next debt. However, I have some money in an ISA that was for a deposit for a house (could get a house with my debt, just didn't have the deposit last year), I decided it would make more sense to pay off some more debt and snowball my payments, then I could save quite quickly the money I would have spent. So thank you to this thread.... I have just paid off my highest debt of £2600. Now I have one loan and one credit card left (but no savings)....... I am so happy though! Off to update my signature!
    Savings target: £10,000 by December 2015!
    Total so far: £3470.00 = 34.7%
  • What a great thread!

    For several years debt has been my middle name and it feels awesome to finally payoff a £6500 loan last month that was stuck with me for 5+ years.

    Will not mention the crazy other ones i have left but will keep updates coming..
    Its unbelievable once one has been ticked off the list. I thought it would never end but for those in my position and also what has been mentioned, its all about the small steps and smashing one over at a time then then climbing into the next one and smashing it again!!

    Keep working hard at it.
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