Jean If you are saying that you will spread out the amount of payment that you are making at the first of the month already, I don't think that it will help as you will be reducing your balance more by paying the extra at the first of the month. If you are saying that you will be making extra payments over and above the amount that you are paying now, then it will help. Take a good hard look at your employer's credit union and compare it to your bank. Look at fees, loan rates, savings interest and things like late fees and automatic overpayment fees. You may well find that the CU is the place for you to be doing your banking. Your plan to borrow from the CU and pay off the credit cards is a good one as long as you don't use the cards. Close all but one and keep that one for emergencies or pay it off each month and you will find yourself free and clear very soon.I'm pulling for ya, we're all in this together.Stan
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