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The Edcawber Principle
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£84.96 paid off CCs (two regular payments) - I think I can get below £15k before Easter
At that point I will need to think about BTs and while I am still nervous about the reduced pool of offers out there, I am optimistic that my low utilisation and relatively low total debt will stand me in good stead. Worst case scenario and I'd consider a low interest loan, although would rather pay the debt off in tranches as opposed to a (paid for) consolidation.0 -
You could go for a 27 month Santander 0% fee job now - the pace at which you are paying it down you would not need another oneSave £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the Grow your own thread
My new diary is here0 -
Suffolk_lass wrote: »You could go for a 27 month Santander 0% fee job now - the pace at which you are paying it down you would not need another one
Sounds like a plan?I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Suffolk_lass wrote: »You could go for a 27 month Santander 0% fee job now - the pace at which you are paying it down you would not need another one
It's a good idea and I bank with the Spanish bank, but I doubt they'd lend me £15k!
£33.60 paid off a CC - cashback pestered from my current mobile phone provider (e2save). I wouldn't use them again, they will be getting ditched in August as they haven't once held up their end of the bargain re. cashback etc.0 -
In that case, you should act now to move some to a Barclaycard 0% with £20 cash back as per this week's deal. It ends Monday so don't delay check these out - sorry, I sound like your Mum...Save £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the Grow your own thread
My new diary is here0 -
Cheers Mum! Barclaycard offered me £15,500 off the bat! :j
That will cover all but £1,000 of my current cards, so will need roughly £1,200 from another lender to transfer. Ooft... Minimum repayments of £368... :eek:
Hoping Santander offer me a card as well, would prefer 27 months0 -
£368 for how many months?
Good news on BC I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
£368 for how many months?
Good news on BC
Say I can BT £15,400 total onto it. That's £385 minimum payment month one (2.25% minimum I believe). Each subsequent month would be smaller, but that's what it starts at. Psychologically a large amount, but I've averaged almost double that over the last year+0 -
edinburgher wrote: »Say I can BT £15,400 total onto it. That's £385 minimum payment month one (2.25% minimum I believe). Each subsequent month would be smaller, but that's what it starts at. Psychologically a large amount, but I've averaged almost double that over the last year+
Well if you can continue to pay what you have been that wont take too long to be paid off. No interest either apart from the initial fee.
Sounds good
to me :j :jI am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
No initial fee either :j0
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