Pay ALL Your Debt Off By Xmas 2026!

Highlanddream

ThriftyPrincess40 said:

I might be getting a lump sum soon but I don’t know whether to pay my interest card off at £4000 29% interest or pay my loan off at 12000 at 7.2% with £500 payment a month? What’s best? 

For me, it would depend on the amount of the lump sum, if it was enough to pay the card off I would do that. Another one bites the dust thoughts. 29% is evil. 

ThriftyPrincess40

29% is a killer, it was 0% for 2 years but due to ex drawing it out and solicitor costs it got me and I can’t get credit to balance transfer 😭

RedLipstick

@ThriftyPrincess40 I'd definitely try to get rid of it asap then, sorry for the circumstances, I hope 2026 is better for you xx 

Happy Christmas and all the best in 2026 everyone, let's get rid of these debts!!   

AuctionFever

Please could I join, have yet to work out my debt total, will aim to do so by 1.1.26, let's go!

Changeyourlife25

I’ll join please….

£4,117.47 

When you add up your debt, does it include things like higher purchase, which you’re happy to pay off monthly? Or is it only for final debts and court order type stuff?

I also have another to that total of £25.95 but this is a payment plan for something that got refunded, so I just need to ring and check that’s right.

£263.76 will be paid off straight away when I get paid in the new year, it’s Klarna, I wanted to keep it open to pay for purchases split cost with no interest, but in reality I just buy take away with it 🤮🤮🤮

Other debts , Barclaycard, capitol one, an old water debt, a curry’s higher purchase plan, and a Barclays higher purchase plan too. 

Thank you all.
I look forward to joining you and hearing how everyone else does it  

leannej85

Merry Christmas everyone.
I'd like to join as my first year participating in a challenge, as I've slowly chipped away at my debts but I need a bit more oomph to clear this by the end of the year.

Total Owed: £5,336.77

HSBC Credit Card: £3046.28
Creation Finance: £1110.24
Bank of Mum: £980.25
Bank of Dad: £200

Paying the minimums as default, but will throw extra cash I can at it from side hustles and selling old items I no longer need. All debt is 0% this year apart from Creation that ends in August - this one will be the first to tackle.

DesertRose

Hello all, may I join you please?
£6135 on a 0% till November 2026. 

I am making minimum payments (£70/month) and saving £300 in a regular saver with FD and £400 in a Lloyds one. 

I have enough savings to pay this off, but because it’s on a 0%, it makes more sense to leave it where it is and accrue interest. 

Except…this is what I said last year, when I only had £5000. 

So I’m holding myself accountable on here. 

BlueJ94

hello all new and rejoining from last year! I will set you numbers shortly!

BlueJ94

all updated, will sort targets shortly!

Highlanddream

#9 - 15/8975. 
     
Had to pay something off to start it off, whoop whoop.
I will be slow until my car has been MOT'd in Feb, I hoping it will reasonable and use the rest I have put back to pay straight off the last credit card (£1590). I am so pleased to be saying 'last credit card' 😊