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January2015

Ellieseleven wrote: »

Chink, chink January! It's great to see those debts tumble:beer:

Ellie xx

Thank you Ellie. It really is great to see the debts tumble. In all my years, I have only ever paid off one loan without consolidating to sort the mess out (and it was a 7 year loan at that!). Seeing those debts go down and knowing we are actually clearing them rather than moving (and building) the problems is such an amazing feeling.

Who cares about credit ratings - I never want credit again in my life. Credit ratings are over rated

Ellieseleven

January2015 wrote: »

Thank you Ellie. It really is great to see the debts tumble. In all my years, I have only ever paid off one loan without consolidating to sort the mess out (and it was a 7 year loan at that!). Seeing those debts go down and knowing we are actually clearing them rather than moving (and building) the problems is such an amazing feeling.

Who cares about credit ratings - I never want credit again in my life. Credit ratings are over rated

My thoughts exactly January. I clung on to my credit rating and my credit cards for much longer than I should have done before going onto my DMP:eek: Like you I continually consolidated debts which just grew and grew until we were backed into a corner with no way out:(

I'm still pinching myself that our debts are now under 10k and That elusive debt-free date is coming into view:cool:

Take care and I wish you all the very best for 2016:)

Ellie xx

submarine76

My credit card balance is now back below where I started off over a year ago ha! It's not as bad as it sounds, I made cash transfer at 0% for 12 months to pay off my Santander loan which had just over 2k remaining on it at a rate of 20% which was definitely a good move, and also my £1000 overdraft that was costing me £25 a month. The card is also at 0% for another year. I have already snowballed the payment I would have made to the loan straight to the card, aim to have it cleared by then end of 2016.

Bobarella

Well done Submarine

Ellieseleven

Morning All and a Happy New Year,


Just dropping by to update on a couple of my milestones:


My debt is now under 9K and I have paid back 81.05%;)


Black coffee for me this morning after a couple of weeks of over-indulgence:o


I hope 2016 is kind to us all.


Ellie x

submarine76

That's the final payment come out of my Tesco loan this morning, another debt busted and another £200 to snowball next month. Total debt now below 14k, think a glass of fizz is on the cards :O)

twiggy86

Entering the New Year with debt under the £2k mark! I think I'll just have an orange juice as trying to be good! :rotfl:

Gladioli

As of today, we have paid off £10,154.80, in 12 payments I have paid off over 10k, it has been really tough at times (and for some reason at the moment seems tougher than ever) however we will get there and hopefully be debt free this year.

£6096.53 left to go......

mine would normally be a G & T but am doing dry January ... squash it is please!

lincs1205

Hi First time poster on here, thanks to kirstypoos for recommending it. My debt has dropped from £12925 in September last year to £11765.85.

kirtsypoos

Lincs, I think dropping under a thousand is a massive boost, it just looks so much better to see an 11 when you've spent so long looking at your debt starting with a 12! :T