Help! The £29407.81 debt challenge...

jonnyboy80

Hi all,
Am feeling pretty pleased with myself today!! Managed to pay an extra £50 off my HSBC mastercard this afternoon and got extra days supply teaching for next week which is a massive bonus for me as wasnt expecting it!! Thanks for everyones support and encouragement so far...
jon

ani*fan

Hi there :hello: Just wanted to say welcome and well done on reducing your debts as much as you have.

You sound addicted to MSE already...it's good eh?

Best of luck

jonnyboy80

Hi all-haven't updated my diary for ages but just to say thanks for the support so far!! Have updated my sig and I feel that I'm making headway at last in clearing these debts!!

candyblue

Glad to see you are doing really well, keep going!

bathgatebuyer

Well done- your signature has some really positive movement in it! I had £34K of debt just over 2 years ago and it's now down at £3.5K!!! It is possible, but I'd be lying if I said it was a barrel of laughs along the way, it isn't, but every pay day just feels such a positive step in the right direction.

Do you have any credit card charges or anything you could reclaim which would help you reduce that debt a bit more?

lunar

Hi jonny, im just a year older than you and have about the same debt as you. well done on your progress so far. its a great feeling to see it coming down every month. you will get loads of support on here.

MissShoes

hi hi- I'm in a similar position and also a teacher! Will help if I can:j

jonnyboy80

So....here are my debts:

HSBC loan £14,683.76 £564.76 per month
Egg Card £2600.37 0% til September 2007
AMEX £312.66 15.9%
HSBC Card £1748.00 0% til November 2007
Capital One £10063.02 0% til March 2008

TOTAL: £29407.81



Have just updated my sig and thought I would also update my original thread which i started ages ago! Been a tough few months debt busting-wise as was hoping to have cleared a bit more than I have, but the bottom line is that the figure is coming down!! My current debts stand at:

HSBC Loan £4517.08
Egg Card £5392.13 (at full rate of 17.9% as 0% rate just finished d'oh!)
AMEX £215.77 (at 15.9%)
Capital One £636.86 (at 0% til Feb 09)
Citi Card £3327.55 (at 5.8% for life of balance)
MBNA £7376.56 (at 0% til March 09)
Post Office £4015.28

TOTAL: £25,481.23

clearmydebts

Hey JB80,

Just wanted to say you are doing really well. I also want my debt to come down quicker than it is and originally thought it would be at 18K by Xmas but had some other debts I had forgotten about. Will be lucky to make 18k by next July.

The main thing, as you say though, is that the debt is coming down and every payday is a step closer to being debt free!

littlegem174

well done hun for getting your debts down by the amount you have! should be proud of what you have done