No. of Recommendations: 1
I am very sorry, Ms. Stranger :)

Scenario 2 - pay $100/month minimum on CC 1 until Loan 1 paid off

- CC 1 paid off in Jul, 2016; interest cost is $1273
- Loan 1 paid off in Oct, 2013; interest cost is $456
- Total interest paid is $1729

Scenario 2 saves $582 in interest compared to Scenario 1.

I see your point, and this is giving me something to think about.

I really hate that I have the credit card debt. The loan...well, that was for something that I felt good about. The credit card is maybe 30% necessity and 70% poor planning and buying things that I didn't need or that I could have bought a less expensive version of.

So, I feel like the credit card is dirty debt and I want it gone. Eliminated. Sleeping with the fishes.

But...$582 is $582....I'll think about this.
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