Onwards and downwards...

abba1772

How long do you need to wait to see how much money you will get with the ppi claim xx

jwil

Todays pads:

£1.31 to Mortgage
£5.00 to debt savings
£1.15 to joint od

11 parcels posted.

jwil

abba1772 wrote: »

How long do you need to wait to see how much money you will get with the ppi claim xx

They said 28 days, so I guess early December. I don't think it's going to be much - according to them I only had it 2 years. The balance on the account wouldn't have been much so I'm guessing it's only at best a couple of quid a month. I'll look forward to my £50 refund But, it's still better than nothing, so I'm not complaining!

jwil

I've decided I need a new challenge! I'm letting things coast a bit.

I'm going to let my debts tick over on token payments and hope that I get some F&F offers. Thanks to my refund I now have a decent emergency fund.

So now, I'm going to have some debt savings! I've got my other savings account which I wanted to get £19,320 into. This is my new target and I'm going to pad towards it. Once I've got there, I'll hopefully clear my debt with it. So I'm going to treat it as a debt and try and 'clear' it as soon as I can.

I need some of abba's motivation!

Debt savings - [STRIKE]£19,320[/STRIKE]/£18,775 - £545 paid :T

retiredandskint

jwil wrote: »

I've decided I need a new challenge! I'm letting things coast a bit.

I'm going to let my debts tick over on token payments and hope that I get some F&F offers. Thanks to my refund I now have a decent emergency fund.

So now, I'm going to have some debt savings! I've got my other savings account which I wanted to get £19,320 into. This is my new target and I'm going to pad towards it. Once I've got there, I'll hopefully clear my debt with it. So I'm going to treat it as a debt and try and 'clear' it as soon as I can.

I need some of abba's motivation!

Debt savings - [STRIKE]£19,320[/STRIKE]/£18,775 - £545 paid :T

Love your thinking:T

abba1772

I love the payment a day method, I feel guilty when I can't make a payment, I normally just do it Monday to Friday but I'm finding myself making payments at the weekends as well........it all counts xx

jwil

retiredandskint wrote: »

Love your thinking:T

Thank you retired. How are you?

abba1772 wrote: »

I love the payment a day method, I feel guilty when I can't make a payment, I normally just do it Monday to Friday but I'm finding myself making payments at the weekends as well........it all counts xx

I love it too, I've been padding, but not with much focus, so now I can really concentrate on it. I see how well you do and it inspires me

retiredandskint

Have sent you a pm.

HairyHandofDartmoor

That's great news about the PPI even if it only £50 :beer: and I love it when your credit report shows a debt has been wiped :j.

Your new strategy of saving up for F & F offers sounds good. DH and I knocked 50% off our debts that way .

jwil

HairyHandofDartmoor wrote: »

That's great news about the PPI even if it only £50 :beer: and I love it when your credit report shows a debt has been wiped :j.

Your new strategy of saving up for F & F offers sounds good. DH and I knocked 50% off our debts that way .

Thank you. It would be amazing if I could get 50% knocked off :j

I read something yesterday that a creditor can apply any redress to the account even if it has been partially settled, so I'm not going to count my chickens until I receive a cheque or something and it will just be a nice bonus if I do get something!