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Pinching myself!
f0nz
Posts: 198 Forumite
Oh my goodness! After an approximate 8 year uphill struggle my husband and I are finally debt free :j :j .
Our bankruptcy will fall off our files early next year and today I have paid off an amigo loan a year early which was our last remaining debt. Credit files are looking nice and green with the exception of the defaults which will drop off early 2016.
Have managed to get a phone contract and credit card (which gets paid off in full every month) for rebuilding good credit history with the hopes of getting a mortgage in a few years. Plan is now to hopefully save £500 per month for a house deposit.
It's been a pretty rubbish year so far as I gave up my job to help look after my dad Who we unfortunately lost not long ago, which has been very hard. Seeing my mum struggle with the debts he left has been a real eye opener and made me more determined to work my butt off and get everything paid so, I got a new job and have taken overtime whenever possible. I'm so glad that the hard work has paid off (literally
).
Good luck to everyone still debt busting. It feels like the end will never come, but it does and it feels great :beer:
Our bankruptcy will fall off our files early next year and today I have paid off an amigo loan a year early which was our last remaining debt. Credit files are looking nice and green with the exception of the defaults which will drop off early 2016.
Have managed to get a phone contract and credit card (which gets paid off in full every month) for rebuilding good credit history with the hopes of getting a mortgage in a few years. Plan is now to hopefully save £500 per month for a house deposit.
It's been a pretty rubbish year so far as I gave up my job to help look after my dad Who we unfortunately lost not long ago, which has been very hard. Seeing my mum struggle with the debts he left has been a real eye opener and made me more determined to work my butt off and get everything paid so, I got a new job and have taken overtime whenever possible. I'm so glad that the hard work has paid off (literally
).Good luck to everyone still debt busting. It feels like the end will never come, but it does and it feels great :beer:
Amigo (49.9%) 24/01: [STRIKE]£2446.21 £2320.17 £1799.01 £1117.12 £775.30 £559.66 £435.21 [/STRIKE] £0
HMRC (0%) 24/01: [STRIKE]£741 £641 £524 £424 £324 £124 [/STRIKE] £0
Emergency Savings: £1000
:eek: debt free 04/08/2015 after a long 8 year battle :j
HMRC (0%) 24/01: [STRIKE]£741 £641 £524 £424 £324 £124 [/STRIKE] £0
Emergency Savings: £1000
:eek: debt free 04/08/2015 after a long 8 year battle :j
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Comments
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That is fabulous news.£1000 Emergency fund No90 £1000/1000
LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
!0 -
What a lovely thing to read. Thanks for sharing.
Cheers to you and your family.0 -
Well done! That's amazing news.0
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Congratulations to you!" Your vibe attracts your tribe":D
Debt neutral
27/03/17 from £40k:eek: in the hole 2012.
Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
RYSAW17 £1900 2016 £2,535.16 2015 £1027.200 -
Congratulations for clearing your debt, it's no easy feat!Former Debt free wannabe. Now trying to save for a rainy day!0
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Congratulations on all your hard work, what a wonderful start you will have to the New Year :beer:"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety". - Benjamin Franklin0
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Well done, that's a brilliant achievement. :O)LBM 11 Nov 14 Total Debt £25,013.98 DFD 5 Sep 17 Total Debt £0
Emergency Fund £800.00
Mortgage £73,000 BTL Mortgage £38,0000 -
Fab news! Well done!!Grateful to finally be debt free!0
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Congratulations! :jDebt as at 5 June 2023 - £15,600.89
Current debt - £5,435.00
Total paid off - £10,165.89 (65% paid off)0 -
You must be so proud
Congratulations! It is inspiring to read success stories like this Rainy day fund — 210/1000 Emergency fund — 1019/1500
Loan — 424/19,224 = 2.2% Fun fund: 1/100 Credit card balance — 00
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