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

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    AngryDog wrote: »

    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.

    F&F settlements on your record won't help your cause as far as a mortgage is concerned.
  • moohound
    moohound Posts: 1,209 Forumite
    Debt-free and Proud!
    debtclosure wrote: »
    I owed 68,000 in October 2009, I now owe 3,300. In 2 days I will be paying off 3k of this. So then it will be £300 to go.

    WOW! that is impressive, have you any special plans for when its all paid off?
    ISA £1675 :DMiniMoohound savings £3685.86 :T Plus £3800 CTF :)
    'MrMoneyMuststache' my new hero, Martin Lewis my long time hero
    Poacher turned Gamekeeper
    Roadkill rebel No 52 Aug £1.34p Sept 24p Oct 5p Nov 5p Sealed pot Challenge No 403 £176.66(2014) :staradmin NOV NST No 20
  • bambos
    bambos Posts: 284 Forumite
    Debt-free and Proud!
    Loan to my mum and dad who saved me from a crippling 35% interest currently stands at £880 but we are now paying £300 per month back so it's looking good and we should have paid that off by 1st September. Happy days. :T
    House renovation savings £25,000/£25,000
    Emergency fund £1000

    When you hit rock bottom the only way is up!

    If you believe in yourself you can climb mountains
  • Getting_There_Slowly_2
    Getting_There_Slowly_2 Posts: 28 Forumite
    Loan from Sainsbury's for £14,999 over 3 years, first payment was made in Feb this year. I would guess the settlement figure would be around £13k now.

    That is it, apart from the mortgage which I will focus on when the loan is done!!

    Keep going everybody, stick to your plan and the months fly by.
  • carrieuk
    carrieuk Posts: 70 Forumite
    Hey
    So my debts currently stand at

    Very -£92
    Natwest cc 1 - £700
    Natwest cc2 -£1700
    Loan -£7400
    Car loan -£12000
    Sofa loan - £970

    Everything except the loan and cc1 is on 0% well into the next few years :)
  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    £6,255.45 in total here. Should have it paid by next summer. £4,000 of it is on 39.9% apr though spread over 2 cards. ANNOYINGLY high. My own fault. All you can do is suck it up and get on with it :)

    Well done for everyone elses successes :)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • $"£!$&^*"$!&*(
    $"£!$&^*"$!&*( Posts: 193 Forumite
    I'm about to start a DMP, can't see any other way of living without going onto one. Outstanding debt is at around £13,500 - hoping to pay off within 3.5years! Payment to Stepchange is around £322 a month. Hoping to move to a cheaper place to free up maybe a few hundred £. Was thinking about getting a new job, only on £7 an hour but more pay is more tax and I quite enjoy my job so I'd rather stick with it.

    Was hoping to have bought a house by 26/27 but that is put back at least 5-10 years lol now!
  • cmcavon
    cmcavon Posts: 316 Forumite
    Mine (excluding mortgage) is in my signature. Impossible to set a deadline for paying it off as my income fluctuates but it's consistently going in the right direction!
    Making £1,000 plus every month from home :T
  • QuietOne
    QuietOne Posts: 145 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    2008 - Around £32,000 from a loan, car finance, various other finances and credit cards/store cards.

    Now - Metro Bank Credit Card = £900 at 13%

    Hoping to pay it off within 6 months.
    Littlewoods £0/£750
    Barclaycard £0/£1,000 @ 0% Nov '18

    Goal: To be debt free by Oct' 31st 2016.

    Now debt free!!!
  • $"£!$&^*"$!&*(
    $"£!$&^*"$!&*( Posts: 193 Forumite
    QuietOne wrote: »
    2008 - Around £32,000 from a loan, car finance, various other finances and credit cards/store cards.

    Now - Metro Bank Credit Card = £900 at 13%

    Hoping to pay it off within 6 months.

    This is brilliant well done. :T
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