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

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  • itsnowtime
    itsnowtime Posts: 288 Forumite
    Hi have £79K+ of debt - which doesn't include my mortgage.

    My debt free date states Dec 2013 - but I'm aiming for 2011.

    We'll have to see..:confused:
  • lisabell
    lisabell Posts: 147 Forumite
    Hi

    Well done itssnowtime you have done so well to pay off 25k in 2 years thats amazing how did you do it well done
    Lisa
    DMP No-- 164
    Our wonderful baby 'pip' miscarried at 6 weeks:(
  • Jacks_xxx
    Jacks_xxx Posts: 3,874 Forumite
    :wave: Not including the mortgage, we must be down to about £15k by now.

    I try not to check the exact figure too often or else I feel like it's not going down fast enough and get in a tizz! :D:o (it's like being on a diet and the scales refusing to show me a smaller number!)

    I sincerely hope to be debt free by Christmas 2008, but the snowball still says May 2009. (It *was* telling me March 2009 but we had some "hiccups" :o :rolleyes: )

    When I first punched all our info into the Snowball calculator back in August 2006 it said DFD = 2028 though :eek: - so we're making good progress. even if we do stall, or go a little bit backwards occasionally! :rolleyes: :D

    We'll get there - by hook or by crook!

    Love Jacks xxx :D
    Not everything that can be counted counts, and not everything that counts can be counted. Einstein
  • poppyg_2
    poppyg_2 Posts: 322 Forumite
    This is a really good thread actually it's good seeing the figures everyone has and their debt free debts, such a huge range of situations people are in
    Money doesn't make you happy so I'm skint but cheerful :beer:
  • We have nearly £7000 of debt, start dmp on 1st june and think its just over 2 and a half years til its paid off. Hoping its before then though!
    'They only had one cow!'
  • WorkingHardDFW
    WorkingHardDFW Posts: 1,324 Forumite
    Hi

    Not including our mortgage a huge and really quite scary .........just checking the most upto date figs on the spreadsheet £40797:eek: :eek: but down from £52060 at its height last year.

    As soon as possible is the answer to when it will be cleared but realistically we are aiming to be debt free by November 2009 - only 20 months to go and counting every day and penny on the way...

    Any windfalls or bonuses which come our way between now and them will be squirred off the debt so hopefully we can bring it nearer by a month or two

    We are well on the way now so lets hope it remains the case
    Working Hard to be Debt Free - one day :A soon
    DFW Long Hauler 74; Mortgage overpayments MFiT-2 challenger 100
    Total Nov07 £36000, Sep10 £1623:o:)
  • lisabell
    lisabell Posts: 147 Forumite
    Wo some off you are doing so so well you are all inspiring me i am on a dmp but with a fee aying company am now considering going with payplan that way every penny can go off the debts thanks so much everyone for inspiring me and well dont on getting those debts down you should all be really proud talking about how much you have paid off and at where you are at now.
    Lisa
    DMP No-- 164
    Our wonderful baby 'pip' miscarried at 6 weeks:(
  • Bellawoo
    Bellawoo Posts: 21 Forumite
    Just coming to terms with being 27k in debt - i need to go away and think when my debt free date will be - feeling very depressed about it all at the moment but slowly feeling a little bit more in control just from the info i'm gathering from this site and forums - thanks all:T
    Debt Free Date December 2011
    April 2008 £27,000 to go
  • mizmir
    mizmir Posts: 3,710 Forumite
    Debt-free and Proud!
    Just under £22K unsecured and will be rid of it by September 2009 at the latest but am aiming for within a year!
  • SarahNeedle1872
    SarahNeedle1872 Posts: 6,166 Forumite
    Current debt stands at just over £3k, but was just over £10k when I joined...

    DFD is currently Jan 09 according to the snowball, but my aim is for Oct 08 when my loan finishes...

    Good luck all!

    Sarah x
    'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde
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