Pay All Your Debt Off By Christmas 2024

Nervous1234

#26 checking in 

managed to change my Zopa loan which had repayments over 4 years to Admiral over 12 months so balance is now £14,889.26. First payment isn’t until end of February but will start as I mean to go on and overpay at the end of this month so probably best if I restart as 

£0/£14,889.26 as opposed to £16,439.77 😊

VioletNewStart

BlueJ94 said:

VioletNewStart said:

Hello - I’d love to join this thread too. Not sure how to choose a number to be listed.

My debt figures are:

Total Debt: £47,211
Aim to clear in 2024: £12,000

I’m paying £1385 approx per month but £385 of this is interest. I’m hoping to switch more of the debt to 0% once I’ve cleared some of the total (I’m not eligible for any cards at the moment 😞).

number 27! 

Thank you! I’ll report in again at month end (before next pay day) when I have made all my monthly credit payments!

BudgetingBelinda

#16 575/6000

Gipperess

Can I join please? I have £14095 credit card debt across 4 credit cards. My aim is to pay £7000 of this off this year, with the balance paid off by Christmas 2025. I will update every month on payday, but it won’t be an even amount every month. I am also aiming to only have a balance on two of those cards by the end of this year. Thanks everyone.

BlueJ94

Gipperess said:

Can I join please? I have £14095 credit card debt across 4 credit cards. My aim is to pay £7000 of this off this year, with the balance paid off by Christmas 2025. I will update every month on payday, but it won’t be an even amount every month. I am also aiming to only have a balance on two of those cards by the end of this year. Thanks everyone.

sure you're number 31! Good Luck 

Aimingforthegoodlife

#25 checking in with an update to my total:

£229.76/2162.22

Strangey18

#19 £323.73/10,000

_Dolly_Rocker_

#29 - January payments made - £1,081.25 - leaves me with £8,683,41 to go!

IrishRose12

So far I've paid £70/£3,500

I'm going to try and pay 100 payments of £35 this year to try and get this card paid off/  

VioletNewStart

IrishRose12 said:

So far I've paid £70/£3,500

I'm going to try and pay 100 payments of £35 this year to try and get this card paid off/  

Hi IrishRose12, that’s a great idea of dividing the total of your debt on one card by a hundred and aiming to make one hundred payments. I’m going to look at my different cards and choose one to make extra payments on top of the fixed ones going out each month. Even if not to clear the whole thing, just to clear some extra debt.