8 debt paydown diary

londoner2019

You got this! Good luck

sparks_2023

30/08 PAD : £1.34 to Zopa.
31/08 PAD : £1.68 to Zopa.

Zopa balance : £185.22

sparks_2023

Monthly payments made.

Snowball size :

Payment Assist (£189) - £27 per month
Zopa (£177.22) - £8 per month + PAD
Vanquis (£220) - £15 per month
Capital One (£592) - £20 per month
TBI Financial (£532) - £9 per month

Total : £79 per month + PAD

sparks_2023

Update on the Snowball :

Payment Assist (£162) - £27 per month
Zopa (£175.15) - £8 per month + PAD
Vanquis (£210) - £15 per month
Capital One (£584.14) - £20 per month
TBI Financial (£532) - £9 per month

Total : £79 per month + PAD

Humdinger1

You are doing brilliantly @sparks_2023!  Good use of the windfall.   Onwards and upwards love Humdinger xx 

sparks_2023

The latest Snowball size :

Payment Assist (£162) - £27 per month
Zopa (£128.41) - £8 per month + PAD
Vanquis (£195) - £15 per month
Capital One (£565.19) - £20 per month
TBI Financial (£523) - £9 per month

Total : £79 per month + PAD

I'm pleased with the dent being made in Zopa. I can't wait to close the card down.

sparks_2023

Wow. Time flies.

My 1st default is already 1 year into its 6 year sentence. And the most recent one already 7 months old.

I've just transferred my £50 NatWest rewards into my current account. That's heading towards Zopa shortly.

sparks_2023

I bit the bullet and paid off + closed my Zopa account.

*Fireworks*

No more PADS this month though.

I'll boost my monthly payment to Capital One for now as Vanquis are still not charging me interest ( they never let me know about this though, just stopped the interest charges suddenly without giving a reason so I've no idea how long they will keep being so kind. )

The latest 4-Debt Snowball :

Payment Assist (£162) - £27 per month
Vanquis (£195) - £15 per month
Capital One (£565.19) - £28 per month + PAD
TBI Financial (£523) - £9 per month

Total : £79 per month + PAD

vampirotoothus

Fab news, well done V x

Sarahwithlove

Always nice to get rid of one.