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Progress on our final non-mortgage debt

August 2nd, 2015 at 05:35 pm

At last NT's mum gave us bank details so we could send her an installment of what we owe her. (Although this isn't mortgage debt, it is house-related since we used it to fix up the UK flat that we rent out, so it's not quite consumer debt.)

Anyway, we owe her 2100 pounds ($3360) and we paid 250 pounds today. That's 250 down, 1850 to go.

When we spoke to her today, she wasn't in any hurry. She said 250 per month would be fine or less if we wanted. We're going to aim for closer to 350 per month from now on; we just had to pay off the overdraft with this month's rental income.

2 Responses to “Progress on our final non-mortgage debt”

  1. rob62521 Says:
    1438546927

    You'll get that down to nothing...good job!

  2. creditcardfree Says:
    1438551820

    It's super she isn't too concerned, but it will feel good to have it taken care of.

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