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  • FIRST POST
    • kirtsypoos
    • By kirtsypoos 22nd Jan 17, 3:05 PM
    • 3,421Posts
    • 14,977Thanks
    kirtsypoos
    Payment A Day Chapter 18
    • #1
    • 22nd Jan 17, 3:05 PM
    Payment A Day Chapter 18 22nd Jan 17 at 3:05 PM
    *The principles of PADding*

    Emily Hallett started a fantastic thread called 'a payment a day' which you can find via going to this webpage (sorry it won't work for me right now)

    The thread is extremely supportive and friendly, with lots of madness and smileys to boot! It is ever increasing, which is why having hit 200 pages, challenge is continuing on a brand new thread.

    The principle of the idea is that you pay any extra money you have against a debt to clear it a little bit quicker. Not everyone makes a daily payment, but instead they save money to make a lump sum at the end of the month. You can do it anyway you want to, but join the thread and let us know how you are getting on.

    Some PaD-ers have cleared their debts and are now focusing on saving following the same principal, so they still post on the thread. Anyone is welcome to join in at anytime.

    Best wishes to everyone

    PS. Here are the rules


    *The Rules*
    1) To assist the monthly 'counter-upper' please post your PaD in Bold, colour, large, or all three
    2) Once you join, you cannot leave

    Total for our Latest Month (May 2016) was:
    11,278.15 (Thanks Bobarella for being Mays counter Upper )
    June 2016:
    27,734.49
    July 2016:
    24,284.13
    August 2016:
    30,740.14
    September 2016:
    27,504.99
    October 2016:
    14,546.08
    November 2016:
    7,661.39
    December 2016:
    4541.33

    Total for 2016
    240,681.72


    January 2017 - Huge thank you to Keedie for keeping tabs
    13,746.74

    Feb 2017 - Keedie doing the honours
    7,930.50

    March 2017 - Huge thanks to Mandz
    15,192.39

    April 2017
    18,117.88

    May 2017
    12,909.60

    June 2017
    15,548.01

    July 2017
    10983.76

    August 2017
    13,640.17

    September 2017
    12303.59

    October 2017
    11,151.91

    November 2017
    14,979.38

    December 2017
    11018.76

    Total for 2017
    157,522.69


    January 2018

    28,031.72

    February 2018

    12,993.43

    March 2018

    15,742.14
    Last edited by kirtsypoos; 02-04-2018 at 8:12 PM.
    PAID VERY, Barclaycard x3, Vanquis, Natwest, O/D, Tesco & MBNA x2 PAID LBM 24/07/15 - Original Debt: 0/31010.23 (100% paid)
    Mortgage - 158.500.00 (2017/2018 O/P 3491.79) PAYDBX 17 - 18,442.82
    PAYDBX 18 #006 3850.92/4000
Page 117
    • mumofthetwins
    • By mumofthetwins 1st Oct 17, 10:42 AM
    • 1,038 Posts
    • 4,020 Thanks
    mumofthetwins
    Managed to sell a couple of bits on eBay last night (buy it nows) and used my VSP to make my PAD today of 201.65 ..
    means I have a nice round number on my cc balance (I knew this OCD was good for something lol)
    DFW
    June 1280/19500 Murphy 500/500
    May 3085/23042
    April 1266.27/25843.54 STF 1500/1500
    MFW OP 2018 400
    • AdventureWanted
    • By AdventureWanted 1st Oct 17, 3:21 PM
    • 551 Posts
    • 1,632 Thanks
    AdventureWanted
    258.99 to CC1 today.
    LBM Aug 2017. DFD - Oct 2020 / Dec 2021
    CC1 - 0 / 5,185 1/8/17. CC2 - 335.00 / 13,470 1/8/17. CC3 - 10,100.00 / 11,400 1/8/17
    CC4 - 11,960.00 / 13,000 20/11/17
    2018 1% challenge - #1 - 61%.
    PAYDBX 2018 - #29 Pd 8,285.60 / 12,500
    • IWILLgetthere
    • By IWILLgetthere 1st Oct 17, 4:10 PM
    • 68 Posts
    • 311 Thanks
    IWILLgetthere
    Hello PADders
    I've not been on here for a while as things have been pretty dire and I have basically been sitting with my head in my hands wondering what on earth to do
    My total debt is 11,800 approx (cc's and a loan) and as I have slipped behind on payments am finding it hard to keep up and everything is spiralling out of control - very scary times!!
    I went on the Stepchange website and filled out a budgeting form with them - they advised me to set up DMP and I have just sat and handwritten (can't afford printer ink!) 6 letters to my creditors offering them a proportionate monthly amount from my available funds (eek) - some get 1.60 up to some getting 20.80.I have paid them all their amount online today making my PAD 52.00
    I have not included Next and Littlewoods when writing these letters (now I know a lot of people are going to say this is wrong) beacuse the payments to them are manageable and I really need to keep my accounts open for emergencies - I only ever use them for school shoes/coats, christmas and if I need to replace something like washing machine/fridge etc.
    Will post my letters off tomorrow and hope for the best.... I AM VERY SCARED.
    If anyone has any advice of any type I welcome it!!! xx
    • cufc_mike
    • By cufc_mike 1st Oct 17, 11:00 PM
    • 585 Posts
    • 3,134 Thanks
    cufc_mike
    5.21 off my cc today.
    Make 500 May Challenge: 904.40 / 500 -> My Matched Betting Blog
    • LittleMissDetermined
    • By LittleMissDetermined 2nd Oct 17, 5:52 AM
    • 2,067 Posts
    • 8,701 Thanks
    LittleMissDetermined
    First working day of the month so 325.80 to various places for me please

    LMD x
    Life gets in the way...PADding is addictive... Saving's better than spending...

    1000 EF Challenge #142 1000/1000 ... 3-6Mth Wages Challenge #4 7520.80/7129...
    • AdventureWanted
    • By AdventureWanted 2nd Oct 17, 6:37 AM
    • 551 Posts
    • 1,632 Thanks
    AdventureWanted
    Morning everyone,
    Hope you all had a good weekend. Just paid an additional 5.50 off CC1.

    AW
    LBM Aug 2017. DFD - Oct 2020 / Dec 2021
    CC1 - 0 / 5,185 1/8/17. CC2 - 335.00 / 13,470 1/8/17. CC3 - 10,100.00 / 11,400 1/8/17
    CC4 - 11,960.00 / 13,000 20/11/17
    2018 1% challenge - #1 - 61%.
    PAYDBX 2018 - #29 Pd 8,285.60 / 12,500
    • jet9cat
    • By jet9cat 2nd Oct 17, 6:39 AM
    • 1,472 Posts
    • 10,643 Thanks
    jet9cat
    So welcome to October everyone, let's see what we can do this month towards smashing this debt and letting us all sleep easier. Any advice/encouragement for those struggling always welcome. We got off to a good start with payments yesterday of


    532.85
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 2nd Oct 17, 6:41 AM
    • 1,472 Posts
    • 10,643 Thanks
    jet9cat
    My own payment today is 30 to the EF




    Iwillgetthere - really feeling for you and hoping you have support through this. Have you posted on the DFW board for help and support? There's plenty there with experience of working with Stepchange or doing DMPs that will have help and advice. Hope the DMP is the start of seeing light at the end of the tunnel.
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • dg1019
    • By dg1019 2nd Oct 17, 10:28 AM
    • 142 Posts
    • 713 Thanks
    dg1019
    25 to card 4 for me today please jet9cat
    LBM 24/07/17
    02/06/18: CC1=2373.98 CC2=4661.48 CC3=2369.11 CC4=2695.84 Total=12100.41 / 11763.90 (-2.86% repaid )
    • erin_transport
    • By erin_transport 2nd Oct 17, 10:45 AM
    • 551 Posts
    • 2,466 Thanks
    erin_transport
    Morning
    Just a little banking tidy up this morning
    1 to cc
    1.27 to savings
    2.27 total for me today
    On a mission!

    2018 MFW #138
    • mumofthetwins
    • By mumofthetwins 2nd Oct 17, 11:56 AM
    • 1,038 Posts
    • 4,020 Thanks
    mumofthetwins
    took the plunge and paid 200 off cc .. this means that the remaining balance after my 0% BT has now been cleared ..


    now to start chipping at that one ..


    Lisa x
    DFW
    June 1280/19500 Murphy 500/500
    May 3085/23042
    April 1266.27/25843.54 STF 1500/1500
    MFW OP 2018 400
    • mandz1
    • By mandz1 2nd Oct 17, 9:57 PM
    • 2,548 Posts
    • 11,090 Thanks
    mandz1
    Late payment of 12.36 to cc2 please
    PAD Maker
    • sashanut
    • By sashanut 2nd Oct 17, 11:52 PM
    • 2,834 Posts
    • 26,242 Thanks
    sashanut
    Hi all!

    Back from hols for a while now - please put me down for a little 2 PAD - 1 x 2 coin into VW campervan moneybox please Jet - thankyou!!

    PS didn't want to post & run iwillgethere - you have taken the bull by the horns by contacting Stepchange, please take help & advice from them & the DFW board as well. Come on here & post, you will get loads of support. I did this when my debt was so bad I couldn't sleep. Best thing I ever did..
    New start JAN15 - NOT BUYING IT 2015 . Long haul DFW #145 : 2011 DEBTBUSTING : 5500 OD GONE, 2000 OD - GONE 93,610.30 cc & loan debt - GONE 27.6.14 FINALLY DEBT & MORTGAGE FREE
    • cufc_mike
    • By cufc_mike 2nd Oct 17, 11:58 PM
    • 585 Posts
    • 3,134 Thanks
    cufc_mike
    4.23 off my cc today
    Make 500 May Challenge: 904.40 / 500 -> My Matched Betting Blog
    • jet9cat
    • By jet9cat 3rd Oct 17, 6:17 AM
    • 1,472 Posts
    • 10,643 Thanks
    jet9cat
    Morning all you lovely PADers!


    Yesterday we totalled 607.16 positive payments.
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • jet9cat
    • By jet9cat 3rd Oct 17, 6:19 AM
    • 1,472 Posts
    • 10,643 Thanks
    jet9cat
    Paid 12 off balance cc2 this morning. Payments likely to be a bit more scattered now as I had a good run of survey payouts and various bits of money coming back to me last month but back to building it all back up again now.
    Every penny's a prisoner
    PADding is addictive
    MFW August 2023 - unless I get my butt into gear
    • LittleMissDetermined
    • By LittleMissDetermined 3rd Oct 17, 6:43 AM
    • 2,067 Posts
    • 8,701 Thanks
    LittleMissDetermined
    Morning PADdingtons

    Last of the big ones this month for me today with 539.25 off to various places.

    Have a lovely day

    LMD x
    Life gets in the way...PADding is addictive... Saving's better than spending...

    1000 EF Challenge #142 1000/1000 ... 3-6Mth Wages Challenge #4 7520.80/7129...
    • TheMsTeal
    • By TheMsTeal 3rd Oct 17, 11:19 AM
    • 297 Posts
    • 1,084 Thanks
    TheMsTeal
    Morning All! Token 0.60 to cc.
    Debt Free Day Target: November 2018

    2 Savers Club 2017: no 41
    • TheMsTeal
    • By TheMsTeal 3rd Oct 17, 12:07 PM
    • 297 Posts
    • 1,084 Thanks
    TheMsTeal
    Hi IWILLgetthere, From my experience most companies etc are reasonable and will accept even small monthly repayments as long as you show willing and get in touch with them as you have done - no need to be scared, you've done the right thing!
    Debt Free Day Target: November 2018

    2 Savers Club 2017: no 41
    • mandz1
    • By mandz1 3rd Oct 17, 12:51 PM
    • 2,548 Posts
    • 11,090 Thanks
    mandz1
    21.24 to very, 35 to cc1 and 25 to cc2 totalling 81.24 today please
    PAD Maker
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