Thursday, January 17, 2008

Debt paydown update: Take that Chase card with 27.24% APR!

Ooh, being in super debt reduction mode is very exciting! It's hard work, but still very exciting.

The credit card that we are targeting first to pay off is a Chase Visa card with an interest rate of 27.24% and a balance of around $2400 and a monthly payment of around $80.

On Tuesday my auto payment of $79 was applied and just now I paid $1088 on the card!!

The best part is that it will be paid off in full by the end of the month! Woo hoo!

2 comments:

no more spending said...

27.24% ouch!
Great news that you'll have paid if off this month.

shawna said...

ouch indeed, thanks to a universal default clause :(