My debt-free diary

Duh18

I’ve decided to start a diary to keep myself on track of my debt repayment plan :mad:

I hope you guys can support myself along the way :j

I’ve posted a previous thread in wannabe under ‘I want to clear every last penny’

Summary

Argos Card - £300
Halifax OD - £315
Barclaycard - £500
Lloyds Loan - £2700
Santander CC - £3000
HSBC CC - £6300

fatrab

Hi and welcome! Best of luck on your journey

enthusiasticsaver

Good idea to start a diary. It is a great way of tracking how you are doing. Are you targeting the Argos first?

Duh18

I’m going to have the Barclaycard cleared by 1st December, 100% !!

I am going to be realist in terms of December and Christmas, I was going to use my December pay to clear the Argos but I checked with Argos and I owe £220 not £300, so I’m going to make a £100 in December and £100 in January. I can then concentrate on the Santander

I think once the Barclaycard, Argos & Halifax have gone this will realise a small percentage of pressure of myself and I know I can concentrate on one sole debt being the Santander by putting any extra cash / left over cash towards we’re at the moment I feel like the debts are coming from every direction!

I also have a question once I have paid the credit cards should I close them down immediately? I am just curious in terms of credit rating etc

fatrab

I would close them immediately. Remove the temptation.


Are you likely to be making any credit application within the few months anyway?

Duh18

17/04/2019
Argos Card - £220
Halifax Overdraft - PAID
Barclaycard - £450
Lloyds Loan - £2500
Santander CC - £2800
HSBC CC - £6150

Duh18

I’m aiming for the below by December
Argos Card - PAID
Halifax Overdraft - PAID
Barclaycard - PAID
Lloyds Loan - £2000
Santander CC - PAID
HSBC CC - £5000

pidge04

Well done! That’s one debt cleared!