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8 debt paydown diary

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  • lucielle
    lucielle Posts: 11,511 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It all helps. 
    L
    Total Debt Dec 07 £59875.83 Overdrafts £2900,New Debt Figure ZERO !!!!!!:j 08/06/2013
    Lucielle's Daring Debt Free Journey
    DFD Before we Die!!!! Long Haul Supporter #124
  • sparks_2023
    sparks_2023 Posts: 186 Forumite
    100 Posts Name Dropper First Anniversary
    Bit the bullet and paid the Vanquis :smile:

    3-Debt Snowball :

    Payment Assist (£108/0%) - £27 per month
    Capital One (£499.99/26.4%) - £44 per month + PAD
    TBI Financial (£514/0%) - £9 per month

    Total : £80 per month + PAD
    Leap Day 2024 - the day of freedom. The day my pernicious debts finally died.

    Legacy Default dates :
    Mr Lender - 31/10/2022
    Fund Ourselves - 22/12/2022
    Bamboo - 30/3/2023
    Likely Loans - 14/4/2023
  • sparks_2023
    sparks_2023 Posts: 186 Forumite
    100 Posts Name Dropper First Anniversary
    edited 8 December 2023 at 10:05AM
    3-Debt Snowball status:

    Payment Assist (£108/0%) - £27 per month
    Capital One (£462.42/26.4%) - £23 per month + PAD
    TBI Financial (£505/0%) - £9 per month

    Total : £59 per month + PAD
    Leap Day 2024 - the day of freedom. The day my pernicious debts finally died.

    Legacy Default dates :
    Mr Lender - 31/10/2022
    Fund Ourselves - 22/12/2022
    Bamboo - 30/3/2023
    Likely Loans - 14/4/2023
  • Humdinger1
    Humdinger1 Posts: 2,297 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Congratulations @sparks_2023! You are in the zone!! Onwards and upwards love Humdinger xx 
  • sparks_2023
    sparks_2023 Posts: 186 Forumite
    100 Posts Name Dropper First Anniversary
    £10.80 monthly interest charged by Capital One. *sobs at losing a tenner*
    Leap Day 2024 - the day of freedom. The day my pernicious debts finally died.

    Legacy Default dates :
    Mr Lender - 31/10/2022
    Fund Ourselves - 22/12/2022
    Bamboo - 30/3/2023
    Likely Loans - 14/4/2023
  • sparks_2023
    sparks_2023 Posts: 186 Forumite
    100 Posts Name Dropper First Anniversary
    edited 14 December 2023 at 2:52PM
    Well the good news is that a combination of a Christmas gift and some cash squirrelled away has let me pay off TBI.

    So I'm now out of the world of debt collection, never intending to return.

    It was costing no interest but was hitting my self esteem badly. The feeling that I was in a dickensian debtors' mental prison.

    Farewell that world.

    I'm now just an 'average joe' with a credit card to pay and a nearly finished loan.

    2 debt snowball :

    Payment Assist (£108/0%) - £27 per month
    Capital One (£470/26.4%) - £23 per month + PAD

    Total : £50 per month + PAD from January.





    Leap Day 2024 - the day of freedom. The day my pernicious debts finally died.

    Legacy Default dates :
    Mr Lender - 31/10/2022
    Fund Ourselves - 22/12/2022
    Bamboo - 30/3/2023
    Likely Loans - 14/4/2023
  • sparks_2023
    sparks_2023 Posts: 186 Forumite
    100 Posts Name Dropper First Anniversary
    £27 to Payment Assist went through for the repairs to the car I no longer have. This debt won't be around soon :)

    2 debt snowball :

    Payment Assist (£81/0%) - £27 per month
    Capital One (£470/26.4%) - £23 per month + PAD from January

    Total : £50 per month + PAD from January.
    Leap Day 2024 - the day of freedom. The day my pernicious debts finally died.

    Legacy Default dates :
    Mr Lender - 31/10/2022
    Fund Ourselves - 22/12/2022
    Bamboo - 30/3/2023
    Likely Loans - 14/4/2023
  • Rud0lf
    Rud0lf Posts: 225 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    You have done an amazing job so far, keep it up x
    Mortgage free 2021 

    Debt free 2024

    Starting to save for early retirement whilst balancing having fun whilst we can!

    4275/8000 savings 
    2000/4000 holiday 
    2849/4000 Lisa

    Save £12k in 2025 #51 £9134/£16000
  • sparks_2023
    sparks_2023 Posts: 186 Forumite
    100 Posts Name Dropper First Anniversary
    Payment to Capital One made but PAD suspended for now while I recover from Christmas.

    2 debt snowball :

    Payment Assist (£81/0%) - £27 per month
    Capital One (£447/26.4%) - £23 per month
    Leap Day 2024 - the day of freedom. The day my pernicious debts finally died.

    Legacy Default dates :
    Mr Lender - 31/10/2022
    Fund Ourselves - 22/12/2022
    Bamboo - 30/3/2023
    Likely Loans - 14/4/2023
  • sparks_2023
    sparks_2023 Posts: 186 Forumite
    100 Posts Name Dropper First Anniversary
    The Payment Assist dd has just gone through. Only £54 left on the maintenance bill for the car I no longer have.

    Capital One interest added :(

    I'm just keeping these debts ticking over for now with no ability to add to the payments. February should be a little better

    2 debt snowball :

    Payment Assist (£54/0%) - £27 per month
    Capital One (£457.10/26.4%) - £23 per month
    Leap Day 2024 - the day of freedom. The day my pernicious debts finally died.

    Legacy Default dates :
    Mr Lender - 31/10/2022
    Fund Ourselves - 22/12/2022
    Bamboo - 30/3/2023
    Likely Loans - 14/4/2023
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