We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Reeling from the Reality Check
Options
Comments
-
Thanks, Eager. I'm really pleased with how the finances are going.Feb 2014 to now
Unsecured debt at highest £56,511/now £9,328 83% paid.
Mortgage £85,342/now £28,846 66% paid
2018 overpayment total - £5,500
Mortgage and debt free by August 20200 -
So, I came home today to a letter from PRA offering me a 50% discount on the amount owing if I pay up by a certain date. I was actually considering sending them a CCA request, so now am in a quandary as to whether just to pay the amount and be done with it rather than pushing my luck with the CCA.
I'm tempted because then ALL the debts would be gone and I could just concentrate on the mortgage.
I might give them a ring and offer a lower amount and see what they say. I'll sleep on it.Feb 2014 to now
Unsecured debt at highest £56,511/now £9,328 83% paid.
Mortgage £85,342/now £28,846 66% paid
2018 overpayment total - £5,500
Mortgage and debt free by August 20200 -
Hi HB
I would give them a call and see if they would accept a lower amount, if they don't then pay the 50%.0 -
Thanks, Sweetpea. That's what I'm going to do.Feb 2014 to now
Unsecured debt at highest £56,511/now £9,328 83% paid.
Mortgage £85,342/now £28,846 66% paid
2018 overpayment total - £5,500
Mortgage and debt free by August 20200 -
So, didn't take the PRA offer, but I'm hoping they will reoffer soon. Things going OK with mortgage reduction. Will be below £40,000 owing by the end of January 2018.Feb 2014 to now
Unsecured debt at highest £56,511/now £9,328 83% paid.
Mortgage £85,342/now £28,846 66% paid
2018 overpayment total - £5,500
Mortgage and debt free by August 20200 -
Great to see your post HB
You are doing very well.
Keep on going !!!0 -
Hello Historybuff. It’s very good to see you posting again. You have made a tremendous dent in your debt and you must feel like you are finally seeing the light at the end of the tunnel. Mortgage is also going gang busters as well. :j
Well done!Finally Debt Free! - July 2016 🌟
Finished Emergency Fund- £10,000 April 2017
🌟
RETIRED: MAY 2021!!!!😀🎆
My diary: “Seasidegal's Scrimpy Retirement Diary!”0 -
Feeling I have got a bit complacent on the direct debits and packages I’m paying monthly for, so it’s time for a money makeover again. Started with the Virgin package. Just got that down to £44.50 from £67 for the tv, phone and broadband bundle with upgrade of two new boxes and hub. Now going to attack the insurance payments.
January savings have started well.Feb 2014 to now
Unsecured debt at highest £56,511/now £9,328 83% paid.
Mortgage £85,342/now £28,846 66% paid
2018 overpayment total - £5,500
Mortgage and debt free by August 20200 -
New rule from now on: Any money that goes into savings stays there until 2022. No more bailing anyone out at my expense.Feb 2014 to now
Unsecured debt at highest £56,511/now £9,328 83% paid.
Mortgage £85,342/now £28,846 66% paid
2018 overpayment total - £5,500
Mortgage and debt free by August 20200 -
HB have spent all afternoon reading your diary. You have really done a great debt busting job.
I will be retiring in 2022 or at least going part time , I do 4 days now but would like to go to 3 if I can’t or don’t want to retire at 60.
Keep going not long to go.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards