Pay ALL your debt off by Xmas 2015!

Aphidgirl

Well done on the payments everyone.

This morning I've called two of the credit card companies who I still have open accounts with, despite not having used the cards in ages. Both are paid off completely now. Both banks told me I wouldn't be allowed another card as those accounts had previously been in arrears, so both accounts have been closed today!

I'm feeling like this is progress but there's still a nagging part of my brain wondering if I should get a new credit card for 'emergencies' or to build my credit rating back up. I think I know the answer to my own question - no don't do it, I can't be trusted! So I'll focus on building an emergency fund. I won't be applying for a mortgage for many years anyway as I have a flat I can rent from my parents....so finances are gradually improving

Have a nice day all

Mat_Lock

Congratulations all on reaching £2 million paid off. We're better at paying our debts back than the government haha

I finally had confirmation today the gas/elec has been switched over from SSE to ScottishPower. I really wish I hadn't bothered as it was 2.5 months since I first moved in and asked to switch. Been paying standard rate to SSE for gas/elec

engineer_amy

That's an amazing total!


Number 180 checking in with a £500 payment for august. Total paid now £932


Having a little grrrr moment at MBNA. As I made a manual payment on 30/07, and my direct debit was due to come out on 09/08, they are now not taking my DD this month. I'm going to pay the minimum payment manually on the date was due (9th) anyway as I already have the amount factored into my budget, and I have to find out what affects the DD in terms of payment dates.

jwil

jwil wrote: »

End of month update from me :


DFBXmas2015 #048 £2136.00/£9,348.00

Hi pablo, my totals don't seem to have been updated for a while.

Paid a bit more since payday so now is:


DFBXmas2015 #048 £2245.00/£9348.00

Thank you for doing the lists

abba1772

Got my wages yesterday so after paying the money into my bank ive put £55 towards my credit card

Brings my total to £5018.32 / £6000

Passed the £5k mark :T:j:T:j:T:j:T

Won't be debt free by XMAS but I'm giving it my best shot xx

blubella

#101 £263 paid to all CC's this month, bringing total to £1632/2000.

Dizzy_Imp

OK Pablosammy - I'm being brave and adding in my remaining debt, so can I change my total to £45,868.02 please? It drops my percentage paid down, but it gives me a true picture of where I am _pale_

Payments totalling £591.08 made today, so I'm updating:
#85 £19,797.25/£45,868.02 = 43.1%

And breathe....

Pablosammy

jwil wrote: »

Hi pablo, my totals don't seem to have been updated for a while.

Paid a bit more since payday so now is:


DFBXmas2015 #048 £2245.00/£9348.00

Thank you for doing the lists

I've probably updated my spreadsheet, but not got around to uploading it! Cheers for the prompt, I'll try and get it done tonight.

Dizzy_Imp wrote: »

OK Pablosammy - I'm being brave and adding in my remaining debt, so can I change my total to £45,868.02 please? It drops my percentage paid down, but it gives me a true picture of where I am _pale_

Payments totalling £591.08 made today, so I'm updating:
#85 £19,797.25/£45,868.02 = 43.1%

And breathe....

We work in pounds, not percentages Well done... it's a BIG step forward, as it mean that you've whittled it away to the point you can psychologically face up to the whole lot. I'd call that progress.

Pablosammy

Zoewatson94 wrote: »

Hi everyone, i'm joining kind of late but hope to still pay as much as I can off over the next few months!

Aiming to pay £1,200 off from credit cards & £300 overdraft before Christmas! Totaling £1,500

Thankyou

Hi Zoe, welcome aboard. I'll get you a number assigned on my next spreadsheet update... in the meantime, don't wait for me! Good luck.

abba1772

Direct debit for credit card came out today so :hello: £35.14 brings my total to £5053.46 / £6000

No more debt repayments til Wednesday now xx