We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a very Happy New Year. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 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!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Pay ALL your debt off by Xmas 2020

16465676970130

Comments

  • Skinnylatte
    Skinnylatte Posts: 1,244 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud! Home Insurance Hacker!
    edited 26 April 2020 at 7:33PM

    005 skinnylatte  Paid £ 3637 of £ 6.627,97  =  54%

    Pay off Car Loan £17,047 £10580 by Christmas 2022

    Mortgage 1 @ 23/03/2019 [STRIKE]£101297[/STRIKE]
    £84457 16.6% DI [STRIKE]£6.95[/STRIKE] £6.15
    Mortgage 2 @ 12/04/2015 [STRIKE]£136121[/STRIKE]
    £100,546 26.1
    % DI [STRIKE]£9.13[/STRIKE] £6.07
    1st LBM 02/06/2013 £[STRIKE]21595[/STRIKE] Debt Free Day 27/03/2015

  • XSpender
    XSpender Posts: 3,811 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    2 DDs out this morning for £111.32, 1 more still to pay this month.

    No 70 - £2453.91/£10,000 24.5%
    Save £10,500 - £2673.77 - 25.5%
    Pay off £7000 - £1743 - 19.4%
    Make £2021 extra income - £99.75
  • Only a little off this month as loan on a payment holiday, but still heading in the right direction.

    #067 £761.24 / £3403.23
  • I just wondered if Muppets is okay as I have noticed they haven't been online in a while
  • Starting point current balance - £24,765.71 - past 2 years helping friends and family.
    Aim is to reduce debt to £12,000 by 31 December 2020, and the remainder by 30 September 2021. This will need ruthless discipline.
    ____________________________________________

    179/200
    ___________________________________________
  • Thisisus said:
    I just wondered if Muppets is okay as I have noticed they haven't been online in a while
    I thought this too.  I’ve been on since January I think and not seen any posts from Muppets.  Hope all is ok 
  • £53 paid off loan today. Still on track to get rid of it all by Xmas. 
    Declutter 2025 in 2025 0/2025
  • st182
    st182 Posts: 167 Forumite
    Sixth Anniversary 100 Posts Photogenic
    DD gone, so that's £100 off:

    #175 = £5000 / £6700

    Keep up the good work everyone, hope muppets is OK also 
    Pay Off Debts by Xmas 2026; £0 / £6201.56
  • XSpender
    XSpender Posts: 3,811 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Last payment made for April  :)

    No 70 £2501.88/£10,000 25%
    Save £10,500 - £2673.77 - 25.5%
    Pay off £7000 - £1743 - 19.4%
    Make £2021 extra income - £99.75
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
  • 353K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.8K Spending & Discounts
  • 246.1K Work, Benefits & Business
  • 602.2K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 260K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K 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.