dwlt in Edinburgh is doing 27 things including…

get out of debt

103 cheers

dwlt has written 25 entries about this goal

Great 1 year ago

Six weeks after receiving confirmation of my loan being fully paid off, I’ve received a letter and an email from the same company telling me how quickly they could give me up to £24,000 (~$50,000). They certainly didn’t waste any time in trying to dig me a whole new hole, did they? Whilst having such a sum of money on hand would definitely give me some comfort, I think I’ll pass.

Apr 16, 2007, 06:28AM PDT | 19 cheers | 4 comments


Yippee!!! 1 year ago

As Des pointed out, I’m quite possibly the only person in history who has gone to Walt Disney World and actually gotten out of debt! :-D

Mar 04, 2007, 07:55AM PST | 14 cheers | 14 comments


Second Transfer Made 1 year ago

I have a sneaking suspicion that the loan company will mess it up, as they did before, but hey! I’m very nearly debt free! Yay me!

Feb 22, 2007, 09:21AM PST | 22 cheers | 2 comments


Decision, decision. 1 year ago

If I leave things as they stand, I have two more payments to make on my loan and I’m debt free. However, I have enough in my savings account now that I could wipe the debt out at the start of March, which would then free up all my money to be directed straight to my savings account from then on. I might lose a tiny bit of interest on the savings, but that’s outweighed by the amount I’d be charged on the loan balance. The final thing that has me leaning in the direction of just wiping out the loan sooner rather than later is that my savings balance wouldn’t actually drop, because I’d ramp up the transfer amount so that at the start of April, I’d be back to where I am now.

The savings account I have doesn’t have penalties for making withdrawals, and overall it doesn’t make much odds what I do. I’d save a few pounds in interest from closing the loan off, but more importantly, I’d get the psychological boost.

I think I’ll make the transfers tomorrow, but I’m going to sleep on it. I’d appreciate any comments 43Ters might have on this, though.

Feb 19, 2007, 05:06PM PST | 23 cheers | 48 comments


Grrr 1 year ago

More “urgent” messages from my loan company: two to my phone, and one email. “Please go to the website to read an important and urgent message”, it said. Now, that’s the same thing they said before when they messed up an overpayment, so I could only imagine what had happened this time.

Apparently, to help with Christmas, I can either:

  1. Take a repayment holiday of up to three months (I noticed that it wasn’t an interest holiday, though); or
  2. I can have more money (up to £15,000 since I’ve been so good at paying it off).

I’m so glad I rushed to check that out.

Dec 10, 2006, 03:17PM PST | 15 cheers | 7 comments


15% 1 year ago

Getting there.

Dec 06, 2006, 11:19AM PST | 21 cheers | 5 comments


Less Unpleased 2 years ago

My regular payment has now been applied to my account, so now my figures tally up with what the “official” system says. At least they sorted it out pretty quickly, even if they did send me another “in arrears” message (this time by text message) as they were fixing it.

Nov 08, 2006, 02:55AM PST | 10 cheers | 0 comments


Unpleased 2 years ago

I just checked my loan account to make sure that my over payment from last month went through OK. Lo and behold, the site informs me that I’m in arrears to the tune of a very strange number. Can you guess what that number might be? Why yes, it’s the exact difference between my regular payment amount and the over payment amount. All this despite the fact that the regular payment came out of my current account at the usual time in the usual way.

Current Mood: Decidedly Non-chuffed.

Nov 06, 2006, 04:07PM PST | 14 cheers | 13 comments


Update 2 years ago

Back in April, I wrote that I wanted to half my debt burden by the end of 2006. Secretly, I wanted that to have only 25% – I can reveal today that I’m at 19.95%. Yay me!

I’ve rejigged my budget this last month, and I think I can clear this by the end of January. That would be pretty neat.

Nov 02, 2006, 02:51PM PST | 23 cheers | 23 comments


Hmm... 2 years ago

Perhaps I should take this guy up on his offer…

Oct 26, 2006, 03:44PM PDT | 8 cheers | 3 comments


dwlt has gotten 103 cheers on this goal.

 

I want to:

The world wants to...

conduct 5 informational interviews live in new york take an IQ test (online) ABrandNewDay wants to have a garage sale read regularly learn more Japanese Lose 30 pounds Become a rapper recycle be a better programmer talk less, listen more Become a special education teacher learn to play Debussy's "Claire de Lune" on the piano Have my photos published see more movies forgive others master photoshop forthebetter wants to Practice Gratitude game take more photographs get a pedicure Read 100 classic novels Be less shy HavanaCat wants to spend less time on the internet finish reading all the books I own swim in the ocean learn jazz piano spend more time reading