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Author: heatherlynn Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308517  
Subject: I took the time to figure out my debt..... Date: 5/6/2002 7:12 PM
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My debts:

GMAC - 2.9% about 5500 dollars left
Best Buy - 24.99% (ARGH!) and about 1800
Mortgage - well..roomie says don't worry about it (although I have to pay $825 on it this month, he had a medical bill that they wouldn't make any type of arrangements on)
Diagnostic imaging company - $2000 for MRI's (damn MS)
Medicine - $1160
Capital One - $600
Ameritech Indiana - still owe them $$80 bucks (can't wait until deregulation finally happens there!) (roomie is taking over this bill)
Ameritech Michigan - $100, plus regular monthly bills
Home Improvement Loan - 14.99% - $4800 (thank god it's tax deductible)
I have $13000 bucks in CCC
Rent in Michigan - $770 per month
Heather Insurance - $77/month (most definately necessary, and not an option to cancel)

From what I can see...I have, minus the mortgage, 27,000 worth of stupid debt. I'm wondering....should I put everything in CCC and let them handle it for me while I'm getting back on my feet? I don't want to pay them the money, but I'm thinking about giving them Best Buy card since they are screwing me over. And I have a student loan currently in forebearance.

I have other bills which come in and get paid off quickly at least. I make well over 1000 a week, and some of that is on per diem because I'm out of my home state. I'm working on paying off what I can first, then going to start saving money back, and in the meantime, I'm getting my business as a true income source for me.

I want to snowball it soooo bad....is that the right method? I feel like all I'm doing is getting caught up, and it's a neverending game....and it's NOT healthy for me with the MS, and causes waaaay to much stress!

Suggestions?
Heather
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