In order to meet my goal date of May 2009, we need to pay $1050/month towards credit cards a month.

Here’s how August panned out:

Credit Card #1: $225
Credit Card #4: $300, $450, $350 = $1100
Credit Card #7: $147
Prosper Loan: $113

Total paid: $1585
Target amount: $1050
Difference from Target Amount: +$535.00

I know it would be hard to keep up paying $1,500+ a month, but I wonder how long it would take to pay off our debt if we could. I’ll have to run some numbers now that I have all of the minimum payments. I’m excited to see if we can be debt-free before 2009 (which would be awesome!).



  1. Free Credit Report Repair Guide » Blog Archive » debt reduction inspiration responded:

    [...] Blogging Away Debt » Blog Archive » Am I Still on Track to Meet My Goal Date? [...]

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My Debt

  • Original Debt: $38,495.86
  • Added Debt: $1,781.50
  • Total Debt: $40,277.36
  • Paid: $36,084.36
  • Remaining: $4,193.00
  •  
  • Broken Down
  • Auto Loan 1: $0.00
  • Credit Card: $0.00
  • Student Loan: $4,193.00
  • Auto Loan 2: $0.00
  • Vet Loan: $0.00

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