📨 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

16364666869130

Comments

  • Decided not to pay the car insurance in full this year until all debt gone, so paid another £160 off cc.

    £9044/£12084 - £3040 left
  • Forgot about overtime for last month so paid off £100 to CC1 (back on track now!) Minimum payments by DD to CC1 (£38.85) and CC2 (£87.31)
    CC1 = £861.15/£4600
    CC2 = £3337.69/£4000
    Paid off CC1 in 2020 🙌
    CC2 £3048.92/£4000
    As of 1/1/2021
  • 058 CreditCardJunkie £ 1210,00 [STRIKE] £ 1.600,00 [/STRIKE] 75% paid!! 
    Thankful that out personal financial circumstances haven't changed and taking the opportunity to pay off while I can. Hope everyone is keeping well! 
    Debt Free as of December 2020 👏

    Save 12k in 2025 #6 - £300 / £3000

    MFW - 19 months shaved off the mortgage
  • MrsC2020x
    MrsC2020x Posts: 6 Forumite
    Third Anniversary First Post
    edited 25 April 2020 at 11:46AM
    Hi! I’m new to this forum and super late to the party on this thread but I’d love to join. I’ve finally decided to take control of my finances. Debt: £ 27,860.14 / Paid off: £22,243.65 so far. £5,616.49 to go. 
    D e b t  F r e e  D a t e: 24th July 2020
    P a y  A l l  Y o u r  D e b t  O f f  B y  X m a s  2 0 2 0 (no.137): TOTAL DEBT PAID: £27,860.14 
    E m e r g e n c y  F u n d: £610 // £6,000 
    F i r s t  H o m e  F u n d: £2,500  // £40,000 
    C r e d i t   C a r d   D e b t:  £1,950 PAID OFF 
  • Bizzywizard
    Bizzywizard Posts: 232 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    edited 25 April 2020 at 1:30PM
    Welcome to the debt paying down party Mrs C! Never to late to join in. Its a good place to keep track of your debt busting. Its really helped me focus. You have done really well getting rid of £22k + ! Muppets is the one in charge, just thought I'd say hi!
  • SuperSavingD
    SuperSavingD Posts: 569 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 25 April 2020 at 11:06PM
    Hi and welcome MrsC2020x.  I agree great place to motivate you to clear any debts.

    Managed to pay another £300 off Cc today now £9344/£12084 - £2740 to go!
  • Hello everyone. I'm late to the party but may I join?

    I am £1481.22 in debt (credit card) and I want to abolish it before Christmas (hopefully before October but we will see)

    I hope to buy a house at some point and dont want the credit card debt when I have a mortgage. 
    SPC #29  SPC13(2020)=£62.55
    2021 NSDs: Jan12/10 Feb14/15 March 5/15
    2020 𝙉𝙎𝘿𝙨: May16 June9 Oct10 Nov14 Dec6
  • Made a payment of £75 off a debt today bringing the new total to

    #93 £697/10,025 
    paydbx2025 #26 £890/£5000 . Mortgage start £148k June 23 - now £138k.
    2025 savings challenge £0/£2000
    EF £140. Savings 2 £30.00. 17
  • charlotte1988
    charlotte1988 Posts: 92 Forumite
    Part of the Furniture 10 Posts
    edited 26 April 2020 at 11:46AM
    April update : #179  - Paid £ 415.02

    So now at : #179  £ 1080.46‬ /  £ 3741.73

    PAYDBX 2022 #8 £135.62 / £7500
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
  • 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

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.