Payment A Day Chapter 15

xx_Jo_xx

Hey all, :hello:


I have decided to bite the bullet and round up all of my debts which were NOT 0% and consolidate them with another loan. It felt wrong to be applying for additional credit, especially when I am so keen to be free of it! However I know its the most sensible thing to do, and can overpay or repay the new loan without penalty if I save enough!


So I have cleared off
Barclaycard (28.9% :eek: )
Car Finance (20.89% :eek: )
OVerdraft reduced by £1000!
And some of Nat West CC


The other CCs are 0% and will be cleared off by the SO payments before the end of the 0% period so I saw no point in paying them off.


So total paid off, is technically £8253


But I now owe a total of £8593 on the loan... So my total debts are roughly the same but the amount of interest I can save is worth it, and its easier having one debt to PAD now instead of 5... :j


Hope you are all good xx

unethical

£1 to santander today

daisystar

Just £1 for me today please

sashanut

Hi all :j
Popping in to PAD £20.00 payment to LTSB cc plz Milky- tkyou

Time_to_face_the_music

Good morning fellow PADders

Today's PAD is £1 to MBNA please milky :T

mobo1980

Good morning padders

Todays pad is £1to my little emergency fund , hope I can make it through rest of month without dipping into it with it being a 5 weeker i've got £98 to last me til the 28th of may this includes petrol , tram fare,food and my pads :eek: oh yes and i'm meeting my mate thurs night for tea oh had said he would give me some money for it if he gets a good wage

xx-jo-xx I don't blame you for consolidating (sp) it can be very overwhelming having lots of debts on the go ,good luck on kicking it to the kerb !

Mobo xx

milky1991

Morning all

My PAD today is £64.62 mostly to one of my CC's and a couple of quid to my pennies jar

I'm off today and it's sunny :j

milky1991

xx_Jo_xx wrote: »

Hey all, :hello:


I have decided to bite the bullet and round up all of my debts which were NOT 0% and consolidate them with another loan. It felt wrong to be applying for additional credit, especially when I am so keen to be free of it! However I know its the most sensible thing to do, and can overpay or repay the new loan without penalty if I save enough!


So I have cleared off
Barclaycard (28.9% :eek: )
Car Finance (20.89% :eek: )
OVerdraft reduced by £1000!
And some of Nat West CC


The other CCs are 0% and will be cleared off by the SO payments before the end of the 0% period so I saw no point in paying them off.


So total paid off, is technically £8253


But I now owe a total of £8593 on the loan... So my total debts are roughly the same but the amount of interest I can save is worth it, and its easier having one debt to PAD now instead of 5... :j


Hope you are all good xx

Jo can you clarify the figure of £8253 I take it that it's not a PAD I haven't included it in the totals but if it should be included let me know ............ Ta

milky1991

Total for 5th May

Is a very splendid

£67.70

:dance::dance::dance::dance::dance::dance::dance:

Running total £3313.41

xx_Jo_xx

milky1991 wrote: »

Jo can you clarify the figure of £8253 I take it that it's not a PAD I haven't included it in the totals but if it should be included let me know ............ Ta

Milky, Im not sure to be honest!


Technically its debt which has been paid off, so I gave you the total. But I have new debt in its place, so am not sure if you would include this or not? I don't mind either way...


So kicking off todays PADs, I am chipping away at the Natw3$t CC £34.86 DD and £15.00 SO


= £49.86

Happy PADding everyone