Pay ALL your debt off by Xmas 2014!

amr547

unexpected DD this morning (well it was expected but i forgot about it haha) so that makes my total:

#011: £1,006 / £6,000

woohoo into the 4 figures!!!

HeartBunny

Just found something interesting on the Online Halifax service. I was checking my credit card statement and decided to increase my direct debit payments.

There is an option on there to pay a percentage of the balance rather than a fixed sum each month. Also if this percentage works out less than the minimum balance they will take the minimum balance instead.

I thought this was a good idea. I'v calculated how much I need to pay off per month to clear this by christmas (with interest obv) and set that as the percentage I will be paying.

I wish all card companies offered this as a repayment option!

Thrifty_Fashionista

32b3in2013 wrote: »

I am going in June Minicooper. I am staying at the Venetian. I sooooooo can't wait Coming back via 3 nights in NYC

How exciting! I stayed at the Bellagio, but visited the Venetian to go on a gondola ride.

TF x

Thrifty_Fashionista

Two loan payments made, which means two less in the longrun!

#128 £2257 / £5000

TF x

trying_hard

:j:j:j:j:j:j:j:j:j:j:j

Finally after 8 long years we have paid off our debts totalling £52,500. :eek: Received mail from Stepchange confirming that we are debt free. Can't stop crying at the moment and so relieved

For everyone that is still going through it, you will pay it off, every little bit that you can pay helps get nearer your goal. Without this thread and another very important thread that I joined 4 or more years ago and made lifelong friends from, we couldn't have done it.

Through it all, I haven't had a job that pays regularly and I am so looking forward, now DD is nearly mobile with her car, to getting a full time job and saving. Yes saving, us that have never been able to save for the past 20 years! Looking forward to having a few days holiday for the first time in 6 years.

Good luck everyone in your journey xxxx

027 paid £2,500

Toomuchdebt

Well done trying hard!!That's amazing!

Betsie2010

Congratulation tryinghard - enjoy your mini break

RaspberryRuffle

Trying hard that's absolutely fantastic! Very well done!!!!

Can anyone tell me the answer to this please? We got our monthly statements through from both of our credit cards. We pay minimum payments by direct debit. They were both due today but last week we paid them both off with a consolidation loan.

When the balances updated one credit card changed the payment due information to say "no payment due" but the other still has that the minimum payment is due today. Neither have been taken. Will the second one be due?

I'd have thought we would still have been due them as it covers the month that just passed?

The current account overdraft fees haven't come out either (we cleared this too).

I'm hoping they won't be taking the payments due to us clearing all the balances. Would save us a few hundred pounds!

KoalaTea84

May I join too please?

I'm Irish but have been living in the UK for nearly four years. I moved here debt-free with a few grand in savings, but due to rent deposits, not having a job for a while when I first moved, and living the London life I amassed a bit of credit card debt, which I've since been chipping away at. Last year it went up a bit again because I had three weddings to go to, two of which I was a bridesmaid, so there was a lot of extra expense, many flights home (and one to Turkey for one of the weddings!).

This year I want to get that CC balance down to zero and start saving again. My current debt is €1,936.71 (about £1,595)

I've been reading back a few pages and it's nice to see the encouragement everyone gives each other, so I think it'll help me too!

DragonsnDaffs

Hiyas can I join in with your challenge please I owe small amounts on 2 cards and a store card but all are growing monthly due to interest so something has to be done NOW!!

I owe£3240 and would love to get this lot cleared off before the end of the year, Christmas is covered by Park hampers plus commission I will have back so got nothing else to make excuses for apart from normal costs of 7 Year olds clothes and shoes etc, hubby and I can make do!!