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Pay ALL your debt off by Xmas 2017

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Comments

  • #63 checking in with a payment of £250.00 today
    Current debt - £6072.98
    MFW 1% Challenge 2020 - £0/£1472
  • #128

    Paid £1428 so far in March.

    Creditors 18 / 21

    Total creditors paid off: 3

    MONTHLY TOTALS
    Jan paid off: £1550 - 9.69% - 1 creditor cleared.
    Feb paid off: £965 - 6.68% - 1 creditor cleared.
    March paid off: £1428 - 9.44% - 1 creditor cleared.

    YEARLY TOTAL
    Total paid off this year: £3943 / £16,000 - 24.64%

    Creditors unable to comply with s77 request 1 / 2.
  • fire-wannabe
    fire-wannabe Posts: 105 Forumite
    Seventh Anniversary 100 Posts
    #46 with £5 please Muppets
  • greent
    greent Posts: 11,038 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well a new month means more payments going out - and I've also bitten the bullet and paid off the Sainz loan in full :T:T They were unable to give me an exact figure so I will also get a rebate later this month :j:j

    So..total paid for Apr is £2425 - meaning YTD total is £8983/ £10k for Number 15 :D
    Running update:

    (OH) VW 13166 - repay min 3612/ Apr paid 302/ YTD Paid 1208 (33%)
    (me) Sains 5852 - repay min 3564/ Apr Paid 1973/ YTD paid 5852 (164%) :j
    (OH) Next 973 - repay all 973/ Apr Paid 0/ YTD Paid 973 (100%) :j
    (OH) PO CC 350 - repay all 350/ Apr Paid 0/ YTD paid £350 (100%) :j
    (Jt) Tax Cr 1444 - repay all 1444/ Apr Paid 150/ YTD paid £600 (41%)
    Totals: 21711 - (2017 repay 9943 - round up to £10k target)/ YTD paid 8983 (89.8%)


    Tax cr payment not due out until later in month, but it's a DD, so is a given.

    2/3 of Sainz loan payments now being saved towards OH's car debt, along with extra monies received (eg: ebay). Keeping 1/3 of it for the next couple of months re: DS1's 17th bday (driving lessons) and paying deposit for DD's uni accom for next academic year.
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NIL
    Net sales 2024: £20

    2026 Declutter campaign awards 2x star
  • kirtsypoos
    kirtsypoos Posts: 3,826 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Morning all! Happy April!

    #006 checking in with £3083.18/£10000 please muppets :)
    Let’s just pretend I have not been alternately drowning in debt or only eating toast to try and pay it off for the last 20 years 😭
  • kirtsypoos
    kirtsypoos Posts: 3,826 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Greent those figures are amazing! Well done you!
    Let’s just pretend I have not been alternately drowning in debt or only eating toast to try and pay it off for the last 20 years 😭
  • crunch_time
    crunch_time Posts: 1,353 Forumite
    Morning all,

    Here is my end of March state of play....

    PAYDBX 2017 - #85 £12,675/£4547 64% Paid!!

    Hoping to make lots of payments in April and get rid of the loan by the end of the month. It currently stands at £1350 and by the 1st of May I'm determined that it will be GONE GONE GONE!!!

    Wish me luck!

    Crunchy xx
    19/8/19 vs now Current Total debt £14,188 Savings £2757
    Overdraft £1600 vs £1050
    HSBC1 £1900 vs £3868
    HSBC2 £4100 vs £3730
    Virgin 1 £3050 vs £2800
    House stuff and improvements £4460 Virgin 2 £2740
  • greent
    greent Posts: 11,038 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kirtsypoos wrote: »
    Greent those figures are amazing! Well done you!

    Thanks Kirsty - must admit, when I actually added up all the debt back in Dec I was concerned as to how on earth we were going to manage the 10k this year - and we're almost there already - signing up to a challenge always makes me more focussed and determined to achieve it (hopefully smash it) and get on with all that selling on ebay/ facebook etc which I am so good at procrastinating about if I don't have something to aim for!:p Will be glad to be rid of it (debt) all sometime next year :)
    x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NIL
    Net sales 2024: £20

    2026 Declutter campaign awards 2x star
  • tallied up my payments for march and they total £664.94 bringing me to

    #94 £1415.95/£5000
    DEBT
    31/12/2018 = £21,740.10 - 31/12/2019 = £18,581.29 (14.53% PD)
    31/01/2020 - £18,685.22 (14.05% PD)
  • Bumblebear
    Bumblebear Posts: 105 Forumite
    Wedding Day Wonder Debt-free and Proud!
    Well done to Greent and JWPopps :j
    Debt free as of 28/03/2017 (just don't ask about the mortgage :rotfl:)
    Lover of sewing and biscuits, hater of traffic jams and credit cards
    3-6 Month Emergency Fund Challenge #78 £0/£5,670
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