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  • FIRST POST
    • Duh18
    • By Duh18 12th Oct 18, 11:40 AM
    • 10Posts
    • 4Thanks
    Duh18
    My debt-free diary
    • #1
    • 12th Oct 18, 11:40 AM
    My debt-free diary 12th Oct 18 at 11:40 AM
    Iíve decided to start a diary to keep myself on track of my debt repayment plan

    I hope you guys can support myself along the way

    Iíve posted a previous thread in wannabe under ĎI want to clear every last pennyí

    Summary

    Argos Card - £300
    Halifax OD - £315
    Barclaycard - £500
    Lloyds Loan - £2700
    Santander CC - £3000
    HSBC CC - £6300
Page 1
    • fatrab
    • By fatrab 12th Oct 18, 11:49 AM
    • 1,166 Posts
    • 4,403 Thanks
    fatrab
    • #2
    • 12th Oct 18, 11:49 AM
    • #2
    • 12th Oct 18, 11:49 AM
    Hi and welcome! Best of luck on your journey
    You can have results or excuses, but not both.
    Challenge - be 14 Stone BY XMAS!

    • enthusiasticsaver
    • By enthusiasticsaver 12th Oct 18, 12:47 PM
    • 8,366 Posts
    • 19,155 Thanks
    enthusiasticsaver
    • #3
    • 12th Oct 18, 12:47 PM
    • #3
    • 12th Oct 18, 12:47 PM
    Good idea to start a diary. It is a great way of tracking how you are doing. Are you targeting the Argos first?
    Early retired in December 2017

    I'm a Board Guide on the Debt-Free Wannabe, Mortgages and Endowments, Banking and Budgeting boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Pease remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com
    • Duh18
    • By Duh18 12th Oct 18, 7:04 PM
    • 10 Posts
    • 4 Thanks
    Duh18
    • #4
    • 12th Oct 18, 7:04 PM
    • #4
    • 12th Oct 18, 7:04 PM
    Iím going to have the Barclaycard cleared by 1st December, 100% !!

    I am going to be realist in terms of December and Christmas, I was going to use my December pay to clear the Argos but I checked with Argos and I owe £220 not £300, so Iím going to make a £100 in December and £100 in January. I can then concentrate on the Santander

    I think once the Barclaycard, Argos & Halifax have gone this will realise a small percentage of pressure of myself and I know I can concentrate on one sole debt being the Santander by putting any extra cash / left over cash towards weíre at the moment I feel like the debts are coming from every direction!

    I also have a question once I have paid the credit cards should I close them down immediately? I am just curious in terms of credit rating etc
    • fatrab
    • By fatrab 15th Oct 18, 6:40 AM
    • 1,166 Posts
    • 4,403 Thanks
    fatrab
    • #5
    • 15th Oct 18, 6:40 AM
    • #5
    • 15th Oct 18, 6:40 AM
    I would close them immediately. Remove the temptation.


    Are you likely to be making any credit application within the few months anyway?
    You can have results or excuses, but not both.
    Challenge - be 14 Stone BY XMAS!

    • Duh18
    • By Duh18 16th Apr 19, 11:02 PM
    • 10 Posts
    • 4 Thanks
    Duh18
    • #6
    • 16th Apr 19, 11:02 PM
    • #6
    • 16th Apr 19, 11:02 PM
    17/04/2019
    Argos Card - £220
    Halifax Overdraft - PAID
    Barclaycard - £450
    Lloyds Loan - £2500
    Santander CC - £2800
    HSBC CC - £6150
    • Duh18
    • By Duh18 16th Apr 19, 11:04 PM
    • 10 Posts
    • 4 Thanks
    Duh18
    • #7
    • 16th Apr 19, 11:04 PM
    • #7
    • 16th Apr 19, 11:04 PM
    I’m aiming for the below by December
    Argos Card - PAID
    Halifax Overdraft - PAID
    Barclaycard - PAID
    Lloyds Loan - £2000
    Santander CC - PAID
    HSBC CC - £5000
    • pidge04
    • By pidge04 17th Apr 19, 12:36 AM
    • 648 Posts
    • 2,101 Thanks
    pidge04
    • #8
    • 17th Apr 19, 12:36 AM
    • #8
    • 17th Apr 19, 12:36 AM
    Well done! That’s one debt cleared!
    O/D £1000/£800
    CC £5400/£2950
    LOAN £10000/£3692
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