The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt

URL:  https://boards.fool.com/one-down-two-to-go-22970646.aspx

Subject:  One down, two to go Date:  9/1/2005  11:06 AM
Author:  bleplatt Number:  210215 of 313093

At Christmas two years ago, I decided to get serious about my debt. That first year, I paid off about 2100 bucks in credit card debt.

Last Christmas, I began focusing on the infamous student loans.

This morning, I wrote the payoff check for my unsubsidized Student Loan.

One down, two to go. :)

The total amount paid on the unsubsized loan was $12,573.84.

As long as I carry 6 undergraduate credit hours, the remaining two loans are in deferrment--zero percent interest.

The amounts on them are

Loan 1- $1693.21 (slated to be paid off before Christmas)
Loan 2- $30,092.81 (will definately be under 30K by Christmas; pay off scheduled for Feb 07, god willing and the creek don't rise.)

I am pretty proud of myself.

:D

bleplatt
toes tapping

Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us