August Clear a Debt Challenge!!

ehallett

Hi everyone

I thought it was time for a new challenge. This is a short one, just a month.

I am plodding on with my debt clearing but I crave a £0 balance!! I want to be able to call a company and tell them to shove their card/loan where the sun doesn't shine!!

Therefore my challenge is to clear my pesky little Barclaycard by the 31st August. It's not a massive amount, it currently stands at £370.

Does anyone want to join me with a debt of their own?

The only rules are that you can only count money towards this challenge when you have physically paid off some money from the card. If you are clearing a loan then you can save up the money towards it to pay it off in one lump sum but you can only count the money when you have physically got it in an account/cash in hand. That way you can be sure that at the end of August, you can just clear the debt straight out without having to wait for cashback, ebay payments etc.

So anyone up for the challenge? Sign up by the 1st August if you are

Emily x

hypno06

Good luck Emily!!

my balances are all sadly too big to do in a month, but I have every confidence that you will get that nil balance you want.

Good luck x

skintas_2

yeah ill try and clear my catalogue off with you £400 so then i have them off my back....... me i signed up

ehallett

skintas wrote: »

yeah ill try and clear my catalogue off with you £400 so then i have them off my back....... me i signed up

Welcome - we kick-off on Wednesday :j .

Good luck.

meme_3

Hi there! Can't join in.

Just wanted to wish you best of luck

torianut

Haven't done this before but would like to join in please - have a small credit card with a £390 balance - will try and do that. We go away on 1st September so that would be great timing!

tooties

hi
sadly mine are way to big to do in a month but best of luck to all who join in.

tooties

ehallett

torianut wrote: »

Haven't done this before but would like to join in please - have a small credit card with a £390 balance - will try and do that. We go away on 1st September so that would be great timing!

Welcome aboard - it's great that we've all got such similar balances so far.

penguin83

Hi can I join. We snowballed our debts just a few weeks ago as we have 18 creditors between us. So I will go with the first one that the snowball suggests which is my MotherCare Store Card with a balance of £210.67 (and an interest rate of pretty much 30%) Its got to go x

ehallett

penguin83 wrote: »

Hi can I join. We snowballed our debts just a few weeks ago as we have 18 creditors between us. So I will go with the first one that the snowball suggests which is my MotherCare Store Card with a balance of £210.67 (and an interest rate of pretty much 30%) Its got to go x

Welcome - good luck (30% :eek: )

millionaire_in_training

ok I want to join in with this one. I have an M&S card with £261.35 owed. Not sure if it's doable but will have a damned good shot at it. I have transferred £80 from paypal as I had a good sale week last week and I wont get it until after the 1st sio that can go towards it. I have stuff looked out for a car boot sale and loads more for e-bay. Need to get my butt in gear now and realy go for it. Thanks OP