My Debt Repayment…

I almost fell over when I saw online that Cap1 Visa had charged me $61.64 in interest this month!!! Currently, I owe Cap1 Visa $2,674.60 (with the $61.64 now included).

>Over the past 30 days, I have paid Cap1 Visa a total of $325 in payments. Mind you that my minimum payment was $105/month. When I got paid this past Friday, I paid them $500 and the next time I get paid, I will pay them another $105 towards my debt.

Oooooooh, I can’t wait to be debt free. It’s the interest payments that nearly kills you off.

Oh well, I’ve got to pop tall b/c this is the price I pay for carrying debt. BUT I do see the light at the end of tunnel. I am taking a BIG old swing at debt and paying more than the minimum payment. According to my spreadsheet, I will finish paying off Cap1 Visa by Feb 2010.