Pay ALL your debt off by Xmas 2014!

starnac

kirstydriver wrote: »

What calculator do you all use to work out the percentage, each time I use a different one it gives me a different answer....

Also can I join please? No rush for a number, enjoy your time away this weekend minicooper

To work out percentage take the amount you have paid off, divide by the amount of debt and times by 100. So for example if you have paid off £100 and your starting debt was £1000 you would do this

100 divided by 1000 x100= 10%

kirstydriver

starnac wrote: »

To work out percentage take the amount you have paid off, divide by the amount of debt and times by 100. So for example if you have paid off £100 and your starting debt was £1000 you would do this

100 divided by 1000 x100= 10%

fantastic thank you, the joy of being in the generation that has an online calculator to do everything for us!!

starnac

kirstydriver wrote: »

fantastic thank you, the joy of being in the generation that has an online calculator to do everything for us!!

Oh no! I feel ancient now I'm really not. Really :cool:

Moving on *ahem* monthly payment gone out for loan and I think I have it worked out how much will actually come off the balance and how much will be interest. Updating my total, using chalk and chalk board

#87 £1669.69/£9827.73 or 16.9%

kirstydriver

starnac wrote: »

Oh no! I feel ancient now I'm really not. Really :cool:

Moving on *ahem* monthly payment gone out for loan and I think I have it worked out how much will actually come off the balance and how much will be interest. Updating my total, using chalk and chalk board

#87 £1669.69/£9827.73 or 16.9%

oh crap! sorry
your post did make me giggle though!!! glad you've taught me how to calculate percentage!!

starnac

kirstydriver wrote: »

oh crap! sorry
your post did make me giggle though!!! glad you've taught me how to calculate percentage!!

No worries. At least you were paying attention unlike my DD, who this afternoon, spent the time I was supposed to be helping her with her maths homework, with one eye on Jungle Book :rotfl:

kirstydriver

starnac wrote: »

No worries. At least you were paying attention unlike my DD, who this afternoon, spent the time I was supposed to be helping her with her maths homework, with one eye on Jungle Book :rotfl:

Well.... it is Friday night......

rogueylawyer

Apologies but I have to be a complete pain in the proverbial again by amending both of my figures as follows:

544.07/9179

The total figure has gone up as I completed a 0% interest money transfer to clear off my overdraft. I was paying £15 interest per month, and the whole transfer only cost £40, so the overdraft is transferred. The total debt goes up but it now means everything (bar £300 on one credit card) is 0% for a minimum of another 9 months.

The first figure has changed as my direct debit for cc #1 went out in the sum of £30.41

As a result of the money transfer I went to my bank and asked to close down my overdraft. Apparently I need to have a £10 overdraft with the type of account I have, but I think that amount of debt I can handle :A It's a huge boost for me as this is the first time I have been out of my overdraft in more than a decade, and I have struck while the iron is hot and shut the overdraft and reserve limit facility off.

I also contacted N*twest, as I had a credit card with a ridiculously high credit limit and absolutely nothing on it. The money had been transferred off to credit cards #1 and #2, so asked to shut down the account. I now have all my debt on two 0% credit cards, and have a whopping £9,000 less available credit today than I did yesterday.

Now on with the paying off, roll on payday on Tuesday :j:j

bilko89

Cheers Mini :beer:

Payday not until next Thursday so will be quiet on the payments until then :cool:

[Deleted User]

March's payments so new totals are

#18 3740/7361

amr547

just got two new blurays free of charge! got to love the d*sney rewards thing if you have any Disney dvds, cds etc. then they have codes in, you can input them and get a free bluray or dvd when you have enough points