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Getting there now finally

After 3 years of overtime at work cutting out holidays and new clothes im finaly getting this debt mountain down

Oct 2015
Tesco Bank loan£14585
Nationwide loan£ 6800
Santander overdraft £1890
Barclayard £ 3800
Santander credit card £2580

September 2018
Tesco Bank Loan £4867
Nationwide Loan £780
Mbna £ 1570
Barclayard £1100

Keeping the overtime up cant wait to get this debt pile finally gone for good :T
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Comments

  • pidge04
    pidge04 Posts: 792 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    My goodness! That is brilliant. How have you done that? Overtime alone?
    Store card £140 £117 - Store card £150 - Overdraft £200 - PayPal £364 - Loan 1 £5052 - Loan 2 £1733 - Credit card £2890 - Car hire purchase £3200 - Savings £0.
  • pidge04
    pidge04 Posts: 792 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    So you have completely paid 2 debts. Which will be the next one to go?
    Store card £140 £117 - Store card £150 - Overdraft £200 - PayPal £364 - Loan 1 £5052 - Loan 2 £1733 - Credit card £2890 - Car hire purchase £3200 - Savings £0.
  • Thankyou its been so hard ive litterly given up everything to clear this debt ive worked all Christmas and Easter alone to earn extra to pay more and more of each extra payment feels so good
  • Next i want gone is mbna then to tackle barclayard debt all at 0% i might add
  • pidge04
    pidge04 Posts: 792 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    When are you hoping to have those two paid off by?
    Store card £140 £117 - Store card £150 - Overdraft £200 - PayPal £364 - Loan 1 £5052 - Loan 2 £1733 - Credit card £2890 - Car hire purchase £3200 - Savings £0.
  • Morning well my nationwide loan finishes in march next year so plannig on using the monthly payment money to clear this, both cc are on 0% untill 2020 im hoping by early 2020 to have these cleared :j
  • pidge04
    pidge04 Posts: 792 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Brilliant! Well done. The end is in sight then.
    Store card £140 £117 - Store card £150 - Overdraft £200 - PayPal £364 - Loan 1 £5052 - Loan 2 £1733 - Credit card £2890 - Car hire purchase £3200 - Savings £0.
  • Brilliant. Well done. Wonderful example of how to get rid of debt. Up income by doing overtime and cut expenditure by cutting out holidays and new clothes. Just think of all that spare income you will have afterwards and more free time as you won't be forced into doing the overtime. Is the Tesco loan the last to go?
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  • Mrjuls33
    Mrjuls33 Posts: 30 Forumite
    Second Anniversary 10 Posts
    Not just overtime the overtime was additional to my full time hours so 6 day weeks :j
  • Mrjuls33
    Mrjuls33 Posts: 30 Forumite
    Second Anniversary 10 Posts
    The tesco loan was for my car , catch 22 situation need a reliable car to get to work over 50 miles a day
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