As I mentioned the other day, I paid an additional $500 to our debt and our credit card debt (which includes my Prosper Loan and my IRS debt). That brings the current total to $20,602. It’s too early to speculate on how the rest of this month is going to go, but I hope to be able to send even more money towards our debt.
I haven’t looked into trying to obtain a 0% balance transfer card yet. It bothers me that most of our debt is at a 9.9% interest rate right now, but I still have a nagging feeling to not think about balance transfers right now. I wonder if it’s because one of my cards with a zero balance will offer a good deal.
They sure have been trying to get my business back!
Two cards so far have increased my credit limit. It didn’t even take a month before they did that. Unbelievable. At least now I have the upper hand and I am not going to charge more because I was given a higher credit limit. I’ve learned that lesson the hard way.
What would be awesome would be if we could get the total back under $20,000 by the end of this month. I think I’ll give it a shot even though it will be a long shot. It doesn’t hurt to try, because chances are good that we’ll pay off more than if we didn’t give it a shot at all.