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Help with Debt, head stuck in the sand
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Or manage your own debt repayments after default and then its in your control.
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CONSUMER DEBT FREE !!!
SOA Link: https://www.lemonfool.co.uk/financecalculators/soa.php0 -
A full SOA is still going to be helpful to you here, if only because it is a fantastic way of getting all your income and expenditure down on paper and spotting if you are "losing" any money. Almost without fail, when someone posts an SOA here first off it shows a surplus which they simply don't have in real life - either because they have missed including things they pay for, or because money gets frittered. Either way it's helpful to know the true "disposable" figure each month.
🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25
Balance as at 31/08/25 = £ 95,450.00 at 31/12/25 = £ 91,100.00
Balance as at 31/08/26 = £ 84,500.00
SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
What sort of debt is the car, HP, standard loan, balloon payment, as that affects whether you can stop paying the full amount.
If you've have not made a mistake, you've made nothing0
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