We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Pay ALL your debt off by Xmas 2018

11819212324203

Comments

  • Managed to chip away a bit at it today - some off my store card before the credit plan starts applying interest. So....
    #105 £460/£3520 (13%)
    Onwards and upwards with the occasional kick up the butt required! ;)
    Mortgage '09 = £103k Feb '17 =£79.9k, Aug 17 = £69k Mar 19 = £61k
    Aiming for 10% OP in 2019 - £1320.95/£6100 £3420/£3520 credit card at 0%
  • Hi, I'm new and have just stumbled across this challenge, please could I join? I have a loan I would like to pay off, its not all my debt but it's the only one I am paying interest on so really want it gone. The balance currently stands at £13,916.91 - Also I apologise if this has been covered elsewhere but do I just share the amount that has come off my total (minus the interest paid) thanks everyone, excited to get started! x
    VERY 54.87/1124.88
    CC1 0/5698.96
    CC2 0/4000(TBC)
    LOAN 0/14240.00
  • A_Random_Man
    A_Random_Man Posts: 1,167 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Hi i made a payment of £18 and £8 towards my credit so:
    #52 £334.56/11100 3.01% Paid Off

    Mortgage Amount Outstanding £116,682.20
    2025 Mortgage-Free Wannabes #49 £1401.29/£1,250 (104.74%/100.00%)
  • IrishRose12
    IrishRose12 Posts: 1,794 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Just rounded my bank account down so have just paid another £7.32 to my Credit card so I'm currently at
    #57
    £32.32/£3000
    Pay all debt off by Christmas 2025 £815.45/£3,000£1 a day challenge 2025 - £180/£730 Declutter a bag a week in 2025 11/52Lose 25lb - 10/25lbs Read 1 book per week - 5/52Pay off credit card debt 18%/100%
  • #29 Paid £56.60 / £12,500

    £50 dd payment today has cleared CC1. :j Now to focus on clearing CC2.
    LBM Aug 2017.
    Debt at LBM - £30,055
    Debt at highest - £43,148.59
    Current debt - £18,880.00
    EF - £1,000.00

    Challenges
    PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.
  • Morning all
    DD came out for b'card this morning so checking in with my balance of £150/£9547
    Many thanks
    Dreaming
    Jan 2025 £26561.43/£0. I want to clear £9000 this year (2025)
  • Made a payment today of. £30. #93 £30/£8,000
    paydbx2025 #26 £890/£5000 . Mortgage start £148k June 23 - now £138k.
    2025 savings challenge £0/£2000
    EF £140. Savings 2 £30.00. 17
  • arc2014
    arc2014 Posts: 194 Forumite
    100 Posts Third Anniversary Combo Breaker I've been Money Tipped!
    #014 - £538.37/10,000

    Another £15 payment made today!
  • sunshine81
    sunshine81 Posts: 1,485 Forumite
    Seventh Anniversary 1,000 Posts Combo Breaker
    Another payment - transferred my savings out of Chip, I already have an emergency fund so need to pay debt off! £93.31 paid today:

    #145 £1551.64 / £19261 (8.06%)
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    Happy new year :hello:

    Sent £2.34 towards the Halifax

    Brings my total to £2.34 / £6000
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.8K Spending & Discounts
  • 246.1K Work, Benefits & Business
  • 602.2K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 260K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.