Published on May 12th, 2013 | by Pete0
May 2013 Update
Hellloooo! First, an apology. We’ve been somewhat absent for most of April and some of May. We are very sorry for this, but had some major technical issues at MoneySuperstar, mostly in the form of a failing hard drive, and then a short term repair! It was very hard being without my laptop – it felt like I was unable to achieve anything I wanted to! Anyway, we are back in business now – and on that note, let’s have a look at some figures.
At the end of April, my debt stood at £23,562.22. After my May payments, my debt will be £23,490.93. That means that I have reduced my debt by £71.29. A much smaller debt reduction this month, but that is no surprise. I completed a balance transfer on to a new credit card as my 0% interest period on my Virgin credit card was coming to an end – this incurs a one of balance transfer fee (the rate of which varies, depending on which card you are switching to). Still, at least I am heading in the right direction! How are you getting on?