YAH!!! Finally some good money news!
Find a Conversation
YAH!!! Finally some good money news!
| Mon, 11-14-2005 - 8:18pm |
We have been getting trampled by some stupid debt on those high interest cards that my dh insists on using. I swear I am going to rip them up lol. He always promises to pay them off, and of course, we never have extra cash to do so, and they sit there with a growing balance at about 29% interest. Anyways, I was talking to our bank today, and got a loan from them to pay it all off and consolidate it all. Thier interest is only at just over 7% so that will make a HUGE difference in what we will pay every month. The amount we will be paying the bank is like a quarter of what we've been paying the cards on just the interest alone. I am sooo relieved. I just hope I can control myself from buying a new entertainment unit for the living room lol!

The one thing you can do is take that extra money you have and still use it on the crads, you will pay it off faster if you pay more then the expected amount each month.
That IS great news! I would completely throw those cards away.
Traci
WOOHOO Lesley! That is good news. Can you breathe a little better?
Olivia
&nbs