We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Pay ALL your debt off by Xmas 2020
Comments
-
Made payments to 2 different debts totally £152. This brings the new total to
#93 £622.42/£10,025paydbx2025 #26 £890/£5000 . Mortgage start £148k June 23 - now £138k.
2025 savings challenge £0/£2000 EF £140. Savings 2 £30.00. 172 -
Pay debt by Xmas 2020 - No 109
Was £10,061- OD & CC's
OD now £70
CC's now 4301
Loan still outstanding £4700 paying £386.09 per month
3 -
Debt payments have gone out post pay-day which means:
#34 - £600/£2750
EF #313: £5000/£1000, 3-6 Month EFC #50 £5000/£5000 PAYDBX 2021 #34: £7326/£7326
cc1 £0, cc2 £0, cc3 £03 -
Total debit remains £9126.89 #30
Just paid £93.61 off my DH Tesco 0% credit card.
My 2 credit cards remaining debit £5208.19 -Santander will be gone in July, Tesco will be gone in February...so I will miss my target, of getting all cards gone for good.
DH 2 credit cards remaining £3918.70 - I was paying these off in full at the end of December 2020, this might not happen, so I have slightly increased how much he will be paying each month. One being £95 the other £100, the cards finish in the allotted 22 months the other 27 months.So have been paying the exact amount to pay them off each month, plus a few pounds more now, to round things up.2 -
Trying to maintain my payments for as long as possible. Annoying we had to use the credit card over the weekend so I'm slightly outside of my plan. It's payday today so I've paid £350.80 towards CC1 and £50 towards CC2.
CC1 = £1007.79/£4600 (£1007.79 left to pay that is)
CC2 = £3425/£4000
Keep going everyone and stay safePaid off CC1 in 2020 🙌
CC2 £3048.92/£4000
As of 1/1/20213 -
I was desperate to get CC1 to £1000 but not sure how, then I got a birthday cheque in the post! Paid off £7.79
CC1 = £1000/£4600
CC2 = £3425/£4000Paid off CC1 in 2020 🙌
CC2 £3048.92/£4000
As of 1/1/20212 -
Another CC DD gone out today. I have downloaded an app to keep a running total of my debt and it’s pay down as I don’t always have my notebook on me.
No 70 - £2342.59/£10,000 23.4%Save £10,500 - £2673.77 - 25.5%
Pay off £7000 - £1743 - 19.4%
Make £2021 extra income - £99.755 -
Hello!
Ive just rediscovered the forum after a long time. May I join in this challenge?
We have £22k in debt and id like to clear £4k by Christmas. I dont want to go too much higher as im furloughed right now so need to be careful.
Thanks x3 -
Had good and bad news- looks like i will have income, just less than normal- can live with that- woohoo! Paid andother chunk down whilst i have a little excess, so if I have to go to min payments at any point later this year it'll be easier:
#175 = £4900 / £6700
Keep it up everyone- try to stay wise- paying it down for longer if your circumstances dictate isn't the end of the worldPay Off Debts by Xmas 2025 debt £0/74005 -
Paid £140 off Cc
PTD £8884/£12084 - £3200 to go. We will so glad to get this gone this year. Phoned the bank today to cancel the £3100 overdraft which felt great. Keep up the good work everyone, love reading everyone’s progress.4
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards