Debt & credit score update (end June 2024)

You can see the June retrospective/wrap-up over on YouTube at this link. In the video I update on debt and credit scores, as well as give a summary of June spending.

First off, let's do a debt update. As ever I'm using the free tool Undebt.it to plan out my debt repayments. I can't recommend this tool highly enough!

• Total debts: 4 (down from 5 in May 2024)
• Total owed: £2499.16 (pending a couple of payments due in early July)

For better or worse, I am tracking my credit scores on this financial journey. This is partly because my bank account with Monzo gives me access to two of these scores. (For those in the UK, I made a little video about how much I love Monzo here.)

Here's the update for the end of June:

• Transunion: 532 (+9 since May 2024)
• Equifax: 662 (+22 since May 2024)
• Experian: 578 (first track)

I find this to be an excellent overview of credit scores from DebtCamel, and below is a table from Money Saving Expert.

https://www.moneysavingexpert.com/credit-cards/what-is-a-good-credit-score/