Saturday, April 28, 2007

Big day for PCB

Yesterday marked a significant milestone for me. Some of you may recall that last year, almost to the day, I had a most spectacular financial meltdown. I went to see the bank and they helped me out but I had to borrow £5000 from them. I was paying it off and at the original agreed terms, I would be paying it off until August 2008.

Yesterday I paid off the full remaining balance of £3350. I was almost light headed with joy after I left the bank. I have had a bank loan of some kind now for eight years, since I took one out to pay my student loans. So this week marks the first time since 1999 that I haven't had approximately £50 of my paycheck taken out for a loan repayment EVERY WEEK. I now just have the credit card to pay off and I will actually be debt free for the first time in over a decade.

2 comments:

Blood Ray said...

Congratulations!

Eric said...

god, that's fantastic! I think I'd fall down and cry if I paid off a major debt.