How much debt do you have and when do you expect it to be paid by

hypno06

currently on about 56k of non-mortgage debt with a mortgage of £178k (ish).

Hope to be rid of everything but the mortgage by the end of 2010.........I have my work cut out!!

Cleosmum

Was £10,322.03 back in feb 08, now £9,011.74 and should be clear by aug 09, earlier if I have my way.

Bayblue

I don't like adding it up but...

I have about £8400 of debt comprised of a a loan and 2 ccs. I want to clear it in a year but realistically it's most likely to be 18 months. That's when the loan ends, and whilst I'd love to try to pay it off early I don't know how possible that will be. I'm failry confident that the dreaded cards will be off my back way before then though.

roxorx

Currently owe a total of £10,256.74, went a bit wobbly the last 12 months or so but am back to paying all I can each month at the moment. Would've been payed off by now if I had stayed good :rolleyes: DFD is in the next 8 weeks. I can't imagine how good it will feel after being in debt since I was 16 (now 28).

It's the thought of seeing my bank statement on the 3rd of each month without a raft of debits taking 2/3rds of it away that keeps me going

wot_a_life

About 40k in debt (jointly) and a mortgage of 170k

When will we be out of debt?

Unless we declare bankruptcy, probably never!!

annsie

£14000 and aim to have it cleared by Dec 08.

i had £30k in July 05 so am beating it down bit by bit. One day it will be gone

Boggles1234

£11755.10 in theory it will be gone in January 2010 but that is only because a fixed term loan finishes then. In practise from about March 09 I will only have one payment a month left for that loan and can build up some savings with the rest.

lisabell

Thanks for all the replies and for being so honest its good to know that we are not aone and that we are all making good progress with our debts.
Well done everyone
Lisa

SamanthaA

Signiture says
about £1500 on OD (just paying bits off as and when) plus CC, which may be about £2000 - £2500 (as I have just had some security & sanity work done to house)
This doesnt include my £20,000 loan, front loaded with intrest & being paid for monthly, nor my mortgage of £45000, again being paid monthly.

Loan & Mortgage payments are automatic & I am, currently, having no problems with those.
Its those pesky OD & CC, that I cant seem to control.

Snowball says 2010 DEC? on the OD & CC, I am aiming for May 2009.

maria08k

I have debts of £2431.66 which is spread over 3 credit cards, an overdraft and a Barclays advance. Hoping to be debt free by December 2008 x