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Pay ALL your debt off by Xmas 2020

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  • Honeysucklelou2
    Honeysucklelou2 Posts: 4,811 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    edited 19 April 2020 at 6:54AM
    Made payments to 2 different debts totally £152. This brings the new total to 

    #93 £622.42/£10,025
    paydbx2025 #26 £890/£5000 . Mortgage start £148k June 23 - now £138k.
    2025 savings challenge £0/£2000
    EF £140. Savings 2 £30.00. 17
  • 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 



  • Wolfsong12
    Wolfsong12 Posts: 27 Forumite
    10 Posts Name Dropper First Anniversary Photogenic
    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 £0
  • Bizzywizard
    Bizzywizard Posts: 232 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    edited 20 April 2020 at 10:09AM
    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. 
  • 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 safe :)
    Paid off CC1 in 2020 🙌
    CC2 £3048.92/£4000
    As of 1/1/2021
  • 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/£4000
    Paid off CC1 in 2020 🙌
    CC2 £3048.92/£4000
    As of 1/1/2021
  • 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 x
  • 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.
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