Debt free by June!

BlueJ94

Hey all, reading through some of your diary’s has made me want to post mine! I was 16 when I was first ever offered a “catalogue loan” stupid me thought this was a great idea at 16 being in college earning a measly £120 a month. I of course never paid it back, didn’t think much of it and let my debts run up. A few years ago was my light bulb moment, I had just started working and realised I’d been ignoring numerous letters about this debt, in the meantime I’d also taken out a phone contract and some small loans as I was on job seekers at the time. I also never paid them. March 2016 I realised “Crap, I have to pay these people back” so I had

Lowell £1800
Catalog debt £300
Parking ticket £197

My first payday I paid the parking ticket and felt relived, it actual felt good to not have someone chase me for debt. I’d been paying Lowell from January 2017 £5 every month up until they offered a discount of £300ish I think, I accepted and paid them £168 for the last 3 months of 2019. Another debt cleared, I can’t remember when but I also took out a marbles card, vanquis and a satsuma loan. Stupid idea, back to square one..

marbles £1200 (maxed out)
Vanquis £688 (750 limit)
Satsuma £83 (loan was £500, £500 on top so paying pack a grand)

Satsuma will be paid off fully next month, Vanquis is my next one to tackle with the highest apr and then marbles!

I never thought I’d see the light at the end of the tunnel. I’m 25 now, been in debt since 16 and I’m determined to be debt free by June! I can then live happily and not be living wage to wage, I’ll be able to book and pay for my holiday exploring France via Van with my OH and my doggy! I’m so happy and so determined to do this!! :j

BlueJ94

Paid off my satsuma via a gift card from Christmas. Batch cooked work dinners!