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Be kind and share :) What are our debt totals? How far do you all have to go?

2456

Comments

  • Puddylove
    Puddylove Posts: 507 Forumite
    Eighth Anniversary Combo Breaker
    I owe;

    CC1 - £8500
    CC2 - £900
    Student loan - £2700
    Halifax loan - £240

    Looks a lot but is less than a quarter of my income. I'm not in any rush as I'm saving for other things simultaneously.

    I'm paying CC1 off slowly at £250 a month (it's on 0%) so in 34 months.
    The CC2 one will be gone by autumn.
    Halifax loan - last payment this week.
    Student Loan - no idea. They take between £200 and £300 a month, but don't seem to keep a tally so will keep taking it after it's paid. Grrrr!

    Good luck to my fellow debtors! X
  • Sazzie23
    Sazzie23 Posts: 2,634 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker Post of the Month
    about £22,500 left to pay on a DMP (started at £33K)
    £31,500 on a (consolidaton loan)
    £26,500 on the mortgage

    Grand total around £80,500. Hoping to be all paid off by 2018 at current paying off rates.

    Although I have had a student loan statement saying I still owe them although they made me a repayment - so what is that all about ...aaargh
    Debt -it's a fight that I'm winning, dealing with debt one day at a time.
    Estimated DFD August 2018 - 2031 - now 2027 :T

    Guide dog Tess, missing Scotland 2 years

    DMP support no438.
  • pickle_me
    pickle_me Posts: 203 Forumite
    Mine's in my signature. We'll make our last payment in June 2015 :j
  • FireWyrm
    FireWyrm Posts: 6,557 Forumite
    Part of the Furniture Combo Breaker Debt-free and Proud!
    As of today, it is £9534.65
    Debt Free! Long road, but we did it
    Meet my best friend : YNAB (you need a budget)
    My other best friend is a filofax.
    Do or do not, there is no try....Yoda.

    [/COLOR]
  • AngryDog
    AngryDog Posts: 445 Forumite
    Approx £29770 :(.

    I've just made a F&F Settlement offer for a CC Debt of £1600 for £9422. I know it wont be accepted, as they turned down my £950 offer recently, but I am hoping now that they see I can negotiate, hopefully they will and we can come to an arrangement. I'd like to be debt free by April next year.

    I am selling pretty much everything I own making a lot of sacrifices, as I want to be back on the property ladder in 3 years.
    As at End of June 2014
    Credit Cards - HSBC - £9422
    Loans - NRAM £7500 & £12848
  • StressedSteph
    StressedSteph Posts: 2,834 Forumite
    Part of the Furniture Combo Breaker
    Hi


    Good idea for a thread, always helps to see we are not alone on this journey.


    I started in January 2014 owing £20,519.


    I now owe £14,867.


    My signature lists my debts, I hope to have paid off Next, Co-op cc & Littlewoods by the end of the year and just be left with my three biggies to kill off during 2015.


    My target was Debt Free by 40, which is next July. Looking more like next October but haven't given up hope yet.
  • SailorSam
    SailorSam Posts: 22,754 Forumite
    10,000 Posts Combo Breaker
    It's a big fat zero, owe nothing.
    Liverpool is one of the wonders of Britain,
    What it may grow to in time, I know not what.

    Daniel Defoe: 1725.
  • On_my_way
    On_my_way Posts: 405 Forumite
    Fifth Anniversary 100 Posts
    Growurown wrote: »
    Started the DMP with a debt of around £48,000 three years ago. Just under £18,000 left to pay and hope to be debt free by the end of next year.


    Wow, you've been able to really nail your DMP!!
  • indesisiv
    indesisiv Posts: 6,359 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Erm, not including the mortgage

    MBNA (0%) - £1696
    Opus (4.1% for life) - £472
    Barclaycard (4.1% For life) - £9623
    Student Loan - £2400
    Overdraft £1300

    Total - £15491

    Aiming to have everything paid off in about 4yrs hopefully and be mortgage free in 10yrs.
    “Time is intended to be spent, not saved” - Alfred Wainwright
  • Carrot007
    Carrot007 Posts: 4,534 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Was around 70000 at xmas 2009. (joint debst with SO, not just mine!)

    Wanted to be debt free at 40, which is this October.

    Currently owe about 3900, and am looking to make final payment in December so fairly close!
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