Monday, 30 September 2013

LOAN OVERPAYMENT TRACKER - OCTOBER 2013

It's time for a quick end-of-month update:

Loan overpayment: £50
Months left until loan is cleared aprox: 23

I may do this every month, if anything it'll keep me accountable. I'll see.

I did post previously that I'd overpay a minimum of £20.00, which in real terms means it will take me about a year to shave off one month from the loan term (I haven't exactly worked this out as I haven't fully taken into consideration what I'll be saving in terms of interest). How gross. This won't do, I will definitely need to step it up somehow!

More on this to follow.

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