Payment a Day Chapter 17

LittleMissDetermined

Morning!

Bank round down again of £1.01 whooshing through cyber space to the credit card... Blooming love technology!

Have a fab day!

LMD xx

kirtsypoos

Dizzy_Imp wrote: »

Did you get charged interest because you made an additional payment Kirsty?

Yes Dizzy Everytime I make an additional payment they charge 56 days interest on the additional amount paid...it has almost 3 years left to run so overpaying incurs much less than would pay in the long run but it does smart everytime I see the extra charges!

Normal DD of £345.12 to loan today but I have increased my number of debts...for good reason I hope! I've been accepted for a 20 month interest free money transfer card so have transferred £3000 to my bank and paid it straight off the loan (which is a shocking 21.9% interest rate!) so there is only just £3200 left to pay on the loan...it will incur another part payment interest charge but will save hundreds compared to the initial term of the loan and has knocked another month off of my debt free date even taking into account transfer costs :j

kirtsypoos

Our total for today is...

£681.92

Happy voting day everyone, hopefully whichever way you decide to vote you will make the effort to do so, every vote counts

Keedie

Hi All,

This is a really good thread. How do I join it properly?

Thanks,
x

rexelpink

Keedie wrote: »

Hi All,

This is a really good thread. How do I join it properly?

Thanks,
x

Welcome keedie

I've not been here long myself but all the rules are on the 1st post, I'm sure someone else can explain it better then me lol
The two types I remember are, make a payment everyday and once your in you can't leave :rotfl:

My pad for today is

&16.51

kirtsypoos

Welcome Keedie,

Basically you try and make and payment a day to eat into your debt - no matter how big or small each payment is an amount you don't have to pay interest on anymore so will make a massive difference in a small amount of time

This thread has really changed peoples debt free journeys, myself included!

Time_to_face_the_music

Good morning fellow PADders

My PAD today is £4 to moneybox please kirstypoos :T

Hi and welcome Keedie :hello:

Have a super day everyone

TTFTM x

kirtsypoos

Morning all,

My PAD for today is £20.00 to natwest loan

kirtsypoos

Todays total is:

£32.19

How is everyone feeling about the vote?

Dizzy_Imp

No PAD from me today as I'll be needing an emergency plumber this morning. My WM connecting pipe has burst, so yet more water to deal with...

The vote will bring about big changes, that's for sure - challenging times ahead for the UK. Was a very close thing with a high turnout, so I think it was important to lots of the population.

Oh, joy....more rain to add insult to injury...