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Pay ALL your debt off by Xmas 2020

17677798182130

Comments

  • Paid £1,000 off cc due to payday and bonus.  £10,884/£12084 = £1200 to go to get this cc gone for good.

    congrats Bizzy on clearing your card 🎉🎉
  • Steameh
    Steameh Posts: 369 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Morning all,
    Made payments of £186.77 this morning.

    Technically I am now debt free, I have £4,250 left to pay and have managed to save £4,273 since lock-down. I'm finding it very difficult to not clear the debt but the sensible side of me is saying don't.

    The remaining debt is all at 0% until August 2021 so it just doesn't make sense in this current climate to be left with no backup funds.

    #134 - £3,735 / £7,985 - 46.78%
    EMERGENCY FUND CHALLENGE - £2,292.05 / £6000

    DEBT FREE DATE - 16/02/2021
    Pay Debt by Xmas 2021 - No.134 - £2,871.64 / £2,871.64 - 100% Paid
    Pay Debt by Xmas 2020 - No.134 - Target: £7,985 / Achieved: £5,113.36
    Pay Debt by Xmas 2019 - No.134 - Target: £15,985.00 / Achieved: £8,000
  • st182
    st182 Posts: 164 Forumite
    Sixth Anniversary 100 Posts Photogenic
    Fabulous, congratulations.  I’m sure you’ll have that £300 knocked off in no time 🎉🥂🍾
    thank you very much  :) i hope you're right!!!  ;)
    Pay Off Debts by Xmas 2025 debt £0/7400
  • st182
    st182 Posts: 164 Forumite
    Sixth Anniversary 100 Posts Photogenic
    Steameh said:
    Morning all,
    Made payments of £186.77 this morning.

    Technically I am now debt free, I have £4,250 left to pay and have managed to save £4,273 since lock-down. I'm finding it very difficult to not clear the debt but the sensible side of me is saying don't.

    The remaining debt is all at 0% until August 2021 so it just doesn't make sense in this current climate to be left with no backup funds.

    #134 - £3,735 / £7,985 - 46.78%
    congrats thats brill! ha ha yep i'd struggle no to just clear it and be done with it too- but as the debt isn't cpsting you it's far more sensible to do as you have  :) well done
    Pay Off Debts by Xmas 2025 debt £0/7400
  • st182
    st182 Posts: 164 Forumite
    Sixth Anniversary 100 Posts Photogenic
    I’ve finished off paying my Santander account!!!! £4575.67 paid off in the last 6 months. Whoop Whoop!!!!! I am so overexcited, my hubby does not get it!
    Remaining: My Tesco 0% CC stands at £2940 will be gone by Xmas.
    DH Tesco 0% CC stands at £999 will be gone by Xmas.
    DH Virgin 0% CC stands at £1240 MAY be gone by Xmas just need the refund from my holiday flights in August.

    Keep going everyone with the debt busting!

    Chin up!
    Bizzy
    well done that's a big step keep up the hard work!  B)
    Pay Off Debts by Xmas 2025 debt £0/7400
  • lynneee
    lynneee Posts: 877 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Awesome, well done Trushtush! It really is a fantastic feeling 😊
    mortgage £800 overpayment 2022. £600/£2400 2023 🙂 savings £1853/£1800 😊
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