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1/4 of the way there - last chance!

1910111315

Comments

  • clearmydebts
    clearmydebts Posts: 6,485 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Hi Hobsch,

    You are doing really well. Once it is coming down that is the main thing.
    Total (Aug 19):€58,567 Now:€26,947
    DFD:Nov 22/June 22
    Mortgage: €199,712
    MFD: March 2042/July 2034
  • Hobsch
    Hobsch Posts: 613 Forumite
    £5 towards the MBNA loan. Another small payment but another small step towards the debt clearance.
    Total Debt now £22,525.07 Start Debt £32,732.36
    £10207.29 OF DEBT PAID OFF:j 31.18%
  • Hobsch
    Hobsch Posts: 613 Forumite
    Started to feel very determined to get rid of this debt, sort out my fitness and get quite a bit done generally.

    Started exercising again and running on the weekend. Although I cant really afford to pay anything until the end of the week started the PAD to try to at least pay something off - it always feels good when you do so made a £1 payment towards the Barclaycard.
    Total Debt now £22,525.07 Start Debt £32,732.36
    £10207.29 OF DEBT PAID OFF:j 31.18%
  • Hobsch
    Hobsch Posts: 613 Forumite
    Latest update is £20 paid to Lowell Financial, £10 towards the Barclayloan and £35 towards Barclaycard.

    Barclaycard gone below £3K mark finally.
    Total Debt now £22,525.07 Start Debt £32,732.36
    £10207.29 OF DEBT PAID OFF:j 31.18%
  • spykey_uk
    spykey_uk Posts: 355 Forumite
    Congratulations! You're doing so well, keep up the good work! :D
    Mortgage when started (Dec 2013): £157,272.50
    Current mortgage (date): £156,885.56
    Mortgage free day: Dec 2043
  • Hobsch
    Hobsch Posts: 613 Forumite
    Thanks. Just under £60 to pay and I will have paid £10K. What a lot of money.
    Total Debt now £22,525.07 Start Debt £32,732.36
    £10207.29 OF DEBT PAID OFF:j 31.18%
  • clearmydebts
    clearmydebts Posts: 6,485 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Hobsch wrote: »
    Thanks. Just under £60 to pay and I will have paid £10K. What a lot of money.

    Wow, nearly 10k. That is brill! Imagine what you can do when all the debt is gone!
    Total (Aug 19):€58,567 Now:€26,947
    DFD:Nov 22/June 22
    Mortgage: €199,712
    MFD: March 2042/July 2034
  • Hobsch
    Hobsch Posts: 613 Forumite
    Thanks CMD. I just cant wait to be debt free although I know its still gonna be a long journey but as I have said before I love seeing the debt coming down, even if its just a small amount.

    More paid today:
    £10 to Egg (Scotcall), £10 to Apex (MBNA) and £10 to Cap One (Robinson Way).
    Total Debt now £22,525.07 Start Debt £32,732.36
    £10207.29 OF DEBT PAID OFF:j 31.18%
  • Optmus77
    Optmus77 Posts: 28 Forumite
    keep up the good work Hobsch, your slowly getting there.

    I am currently on £21,868 but the great news is I will be getting £1200 from HSBC on reclaiming my bank carges so all the cash is going to pay off my Northen Rock Loan of £950 (finally) and the rest to reduce my overdraft. I am glad I got the money. I will hav 5 debts to deal with instead of 6 which is a massive lift for me. Soon I be takling 3-4 debts and hopefully plough as cash into getting those CC down. The best good news is I will finally be in 19k Mark by september which is a massive massive milestone especially to be in the Teens.

    My advise for anyone juglling a handfull of debts is to pay any one off asap then takle the next most important. This also will give you a boost.

    Happy debt busting
    Optmus.,
  • stacy
    stacy Posts: 660 Forumite
    Hey everyone, Hosbch wow 10k paid off thats amazing! Think how much you could possibly save when you are debt free!! :D

    My debt isnt going too well im still paying off but it occasionally goes back up, mainly because im on crap pay but also i had a two week hol and only got paid for a week (agencies are crap!) so im trying to survive, i spose im just thinking its bad coz realistically im paying £233.89 off of my car and i dont re spend that.

    Keep up the good work! And im doing some overtime this weekend just to be able to afford my normal payments like food ect :rolleyes:
    Due to budget cuts the light at the end of the tunnel will be switched off.
    Debt free Olympic challenger No.11
    Paid off so far: £3274.75
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