OK, down to the nitty gritty. I have been keeping a personal record of our debt status for a while now. Here is the last one I did for July. Since I did this, we have transferred a some CC balances to 0% cards, but have also charged about $200 to our Target card and have about $700 in overdraft (UGH), but hey 8-8-08 is our turn-around day and things are going to get better from here on out!
Current Debt: July 2008
Student Loan #1
% V, Outstanding: $2,567
Student Loan #2
4.3% V, Outstanding: $1,623
Chase
15.43% V, Outstanding: $4,664
Bank of America
10.24% V, Outstanding: $10,502
Bank of America
9.90% V, Outstanding: $10,315
Chase
10.99%, Outstanding: $2,102
Target
22%, Outstanding: $0
Lowe’s
22%, Outstanding: $0
Home Depot
Outstanding: $0
Overdraft
18.00% V, Outstanding: $0
401K
Loan 1, Outstanding: $1,012 (Pay off 07/31/2009)
Loan 1, Outstanding: $4,336 (Pay off 07/16/2011)
Car Loan
9.90%, Outstanding: $15,944
DEBT TOTALS
Credit cards: $27,583
Student Loans: $4,190
401K Loans: $5,348
Car Loan: $15,944
THE BIG DEBT TOTAL: $53,065
July 2008 Overview - The Starting Point
August 9th, 2008 at 06:21 pm
August 9th, 2008 at 07:09 pm 1218305347
Welcome. Taking one's head out of the sand and baring it all (those ugly nasty numbers) is a great starting place! We all have our challenges. Good luck at tackling this!
August 9th, 2008 at 07:28 pm 1218306514
August 9th, 2008 at 07:43 pm 1218307413
August 9th, 2008 at 08:31 pm 1218310304