A small milestone...
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A small milestone...
| Fri, 05-08-2009 - 9:01pm |
We got our Citibank statement a few days ago and our minimum payment is below $100. Woo hoo! 6-ish months ago it was over $200. Between repeatedly asking for rate reductions and putting as much extra on it as possible , we've managed to get the minimum payment quite a bit lower, so more of our payment it paying off principal! It's small, but it's encouraging!






No it is a big milestone.
I admire people that really work to get the payments down. Please never think that what you have done and will do in a short time is not a big thing. Be proud of yourself for taking the time and trouble and getting the job done.
Hugs
Mary Ann.
Oh that is nice! Increased freedom with your money is a great feeling. You can pay more for principal, reign in the payments if things are tight, or save. The possibilities are endless!
Bex -
"Yesterday is history, tomorrow is a mystery, today is a gift -thats why its called the present."
Bex -
firebug,
I feel exactly as you do. We just put our awesome tax return - $8,200 - onto our c/c lowering our minimum by over $200. YIPPIE.
I still keep making a huge payment each month to get it down ASAP and pay it off but knowing that if money is major tight one month I know that I can pay the minimum and keep money in my budget. Makes a great feeling.