Sixty Thousand to clear in 4 years!

Evenstar20

savingholmes said:

Have you looked at whether you'd qualify for any other 0% or low cost transfers as some of those rates are eye wateringly high. 

Happy New Year! Good you are heading in the right direction.

Yeah at the moment they're all I can get. I struggled to get 0% for a long time. The loan is the biggest kicker for that. I pay £480 back and pay £320 in interest!!

Sorted out a lot of paperwork today and have calendars and diaries fully up to date which will help with budgeting. The finance side is to be done this week as it's a much bigger job and easier when daughter is back at school.

Done a few surveys but not much on their at the moment. Withdrew £14 that has just been paid to one site so will put that towards Very.

savingholmes

Well done on the £14. 

Evenstar20

Just the 1 survey today. Got a lot of stuff that needs selling in the loft going to get that sorted next weekend. This one was just about getting decorations away. Back to work tomorrow, going to track my spending and see if any of it can be cut/made cheaper for future work weeks.

outoftheviciouscircle

Hi Evenstar, just wanted to pop in and say good luck and I'm rooting for you. I have £66,000 worth of debt that I hope to clear in 4 years also. It'll be tough but we can do it!!!!

Sarahwithlove

Do you have anything you can sell? What are your circumstances? Do you have a mortgage for example? just wondering whether you could consider requesting interest breaks from some of the companies? Will impact your credit score but some of those interest rates are just eye watering! 

Evenstar20

outoftheviciouscircle said:

Hi Evenstar, just wanted to pop in and say good luck and I'm rooting for you. I have £66,000 worth of debt that I hope to clear in 4 years also. It'll be tough but we can do it!!!!

Thanks  Yeah it's definitely achievable just need a strong mindset towards it and work on healthy habits, hopefully that's what we've got!

Evenstar20

Sarahwithlove said:

Do you have anything you can sell? What are your circumstances? Do you have a mortgage for example? just wondering whether you could consider requesting interest breaks from some of the companies? Will impact your credit score but some of those interest rates are just eye watering! 

Yeah I have things to sell, nothing high value but plenty to get on e-Bay in the next few weeks. I'll get an SOA done soon, just renewing some bills etc... 

The interest rates are frustrating but I'm hopeful in the next 6 months the amount I have to pay on them will snowball as debts such as Very, Vanquis, Fluid and Marble get paid off.

Evenstar20

Started on my bills today. First one up for renewal was Home Insurance. The renewal was an increase of £40 but I managed to go with another company for £10 less and £28 cashback! When the cashback comes in it will go to the priority debt at that time. 

Evenstar20

£9 worth of surveys today - 0.15% of my debt, ha!

Evenstar20

Doesn't seem to be many surveys around at the moment, got £3 worth done today but like to be ahead of that. Even yesterday 8 of that was from one survey.