Well shoot. It appears the last time I made a report on our credit card debt was back in April! Time sure does fly!
In April, our credit card debt was at $20,731.85. I am quite pleased to report that we continue to go steadily pay that amount down, and are now at $15,537.02. [CLICK TO CONTINUE...]
I never got around to reporting in December on our credit card debt. In November the total was $23,775.36 and at the end of January it was $23,645.68. It has gone down $129.68 in two months. Yet again, while I wish it was going down faster, at least it is going down and not [CLICK TO CONTINUE...]
I reported in October that our credit card debt was at $23,847.48. After finance charges and payments, at the end of November, our credit card debt is at $23,775.36.
It has gone down $72.36.
I am very pleased to report we did not use our personal credit cards in November. No wait, that’s a [CLICK TO CONTINUE...]
President Obama signed a new bill regarding credit card rules which will go into effect in 9 months.
I need to do some research on it as I have heard there are some good and bad points to the new bill. I’ve heard that it could have an effect on “responsible” credit card users [CLICK TO CONTINUE...]
In February, I took a $6000 cash advance transfer into our checking account so we could pay for the past due child support which my husband owes to me (which we in turn have to pay back to the state [CLICK TO CONTINUE...]
Next month I hope to see much less interest on this report as I hope to have the balances transferred to the lower interest rate card within 30 days.
In my December 2007 report, I mentioned that the second card is a bit confusing as my sister’s cell phone is billed to my credit [CLICK TO CONTINUE...]
Basically we now have paid 21% of Credit Card #1 and 15% of Credit Card #2.
It’s a little confusing as my sister’s phone bills come to my credit card, and this past month our son purchased a Total Gym and I used the credit card. He [CLICK TO CONTINUE...]
Credit Card #1 11-14-07 $10,107 balance 11-23-07 -$679.00 Payment 11-30-07 +$118.00 Interest 12-1-07 -512.00 Payment New Balance: $8034.00 20.5% of this credit card has been paid.
Credit Card #2 11-14-07 $3792.00 11-30-07 +237.00 Bills AutoPay 11-30-07 +30.00 Estimated Interest 12-15-07 -450.00 Payment New Balance: $3609.00 5% of this credit card has been paid. [CLICK TO CONTINUE...]
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