Small Steps Out Of Massive Debt!

another_casualty

Great stuff Georgina . Every little helps

Homegrown0

Nice to see that you only have 5 repayments left on the student loan and 8 on the loan - once those two are gone, i think the list will look a lot more manageable or 'compact'. I think getting rid of a couple of debts will be nice and motivational

GeorgianaCavendish

another_casualty wrote: »

Great stuff Georgina . Every little helps

Thanks AC!

Homegrown0 wrote: »

Nice to see that you only have 5 repayments left on the student loan and 8 on the loan - once those two are gone, i think the list will look a lot more manageable or 'compact'. I think getting rid of a couple of debts will be nice and motivational

I am so excited to be done with the loans, especially the student loan! It will be great to a more compact debt list and to be able to really snowball big sums.

GeorgianaCavendish

Super-quick check in! Having a bit of success with focus groups and surveys recently, I've been able to make an extra £150 in the last couple of weeks from particularly lucrative ones. I'll put some of this towards MBNA.

Following the annoying delays with the MBNA and Lloyds statements last month, I'm going to wait until a the second week of the month before updating my debt figures. My fingers are itching to update with some of the wins (like another chunk off the loans!) but I'll restrain myself until then.

Hope everyone is enjoying the sunshine!

PositiveBalance

Things are going well, m'lady and by the looks of getting rid of the student loan, exciting!


Long may they stay that way!

GeorgianaCavendish

PositiveBalance wrote: »

Things are going well, m'lady and by the looks of getting rid of the student loan, exciting!


Long may they stay that way!

Thank you! Just 4 payments to go on the student loan now :T

GeorgianaCavendish

June 2019 Debt Total £24,690.15

STUDENT LOAN
£1491.06 (4 repayments left) Interest has been calculated to 30 June 2019 and appears to be adding about £3 a month ... I've got 1.5 months until I'm under £1000 on this debt - probably too soon to celebrate that, right?

PERSONAL LOAN
£2,651.182 (7 repayments left) Into the 2000s at last!

MBNA £2,100 I did a balance transfer to a Tesco 0% deal
£2,100.00 ~ 6.9% (expiring 2 Dec 2019 regular rate 23.9%)
Statement dates seem to be back to normal now

PAYPAL £1,290.00
£1,290.00 ~ 17.9%

BARCLAYCARD £5,958.17
£5,958.17 ~ 6.9% Into the 5000s!

LLOYDS £3,460.00
£936.50 ~ 0% (expiring 16 Nov 2019 / regular rate 28.2%)
£1,493.50 ~ 0% (expiring 27 Dec 2019 / regular rate 28.2%)
£1,030.00 ~ 0% (expiring 29 Dec 2019 / regular rate 28.2%)

TESCO £3,573.68
£750.00 ~ 0% (expiring March 2020 / regular rate 34.9%)
£2,823.68 ~ 0% (expiring Sept 2020 / regular rate 34.9%)

HSBC £4,166.06
£1,902.26 ~ 0% (expiring 31 Apr 2021 / regular rate 22.9%)
£2,263.80 ~ 0% (expiring 29 Sep 2021 / regular rate 22.9%)

[Deleted User]

Awesome progress!!

another_casualty

Great progress Georgina .
How have you been handling the hot weather ? Is the fan doing its
job? ..

GeorgianaCavendish

Moguline wrote: »

Awesome progress!!

Thank you!

another_casualty wrote: »

Great progress Georgina .
How have you been handling the hot weather ? Is the fan doing its
job? ..

Thank you AC! The air con uni is AMAZING! I've had no trouble sleeping since we got it all set up and on the hottest days (like Saturday) it has been great to have the option to put it on for a couple of hours and escape somewhere cool. I'm keeping a watchful eye on the energy bills though! How are you doing with the heat?