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Goodbye Credit Cards

Wow we and the mrs just sat down and realised we have over £7500 worth of credit card debt on over 8 cards. So we have just taken out a 5 year loan on 13.9% apr and will be cutting up every credit card bill and hope to be debt free in 5 years :money:

Comments

  • chuckley
    chuckley Posts: 4,405 Forumite
    Part of the Furniture
    goodluck :)
  • paulhgc
    paulhgc Posts: 201 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    :mad: you make it sound like we are going to need it :eek:
  • Spark
    Spark Posts: 817 Forumite
    If you are determined to get rid of your debts and stick to it, you'll be laughing in five years time. :T
    Good luck (as : wish you'll reach your goal):D
  • Rikki
    Rikki Posts: 21,625 Forumite
    You taken the hardest step..... Realising the problem.

    When you have the same amount to pay each month.......You know where you stand

    Congratulations on taking the first and most importent steps. :T
    £2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

    ......................................................................TCNC member No: 00008
    NPFM 21
  • Red_Cat
    Red_Cat Posts: 1,040 Forumite
    Part of the Furniture Combo Breaker
    Yes well done on taking the first step and realising the issue is a real one.
    Hoping this year is better than the last. :)
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