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|Fri, 01-08-2010 - 8:50pm|
I came on here about 2 months ago and made an intro post but then fell off the face of the earth. I'm back and this time I'm going to stay... I need some motivation and ideas. I don't have as much debt as some on the board but it's wayyyyyy more than I am comfortable with.
CC debt: $3000 ( 6 cards, 2 accounts are closed) all cards but one have interest rates of 15.4 to 29.5%.
Student Loan: 4000 (not really worried about these, 6.5% interest rate paid over 5 years)
Auto Loans: $16,202 (10.25% interest) $17,710 (12% interest) I know the interest numbers are horrible but they were the lowest we were offered.
So, there it is... Like I said, not as bad as some but A LOT more than I'm comfortable with.