Today, I took a HUGE step. I called all the credit card companies, and cancelled allll of our cards!!! I paid them all off while Jamie was in Iraq last time, but we had managed to pile up some CC debt on one card. I am very pleased to say that we are now CREDIT CARD DEBT FREE, and it feels freaking fantastic!!!
Cards we got rid of:
Capital one platinum
Macy's
Victoria's Secret Platinum angel
Sear's
Sam's
Express platinum
Limited Platinum
Kay's Jeweler
At our worst, we had over $5,000.00 on all the cards. We are now out of debt as far as credit cards are concerned!!!! CAN I GET A WHOOP WHOOP???
Secondly, I have applied to get our car loan through a local bank instead of through Chrysler financing. I am looking at dropping our interest rate from a WHOPPING 14% to 7%, much improvement, right? Also, we are taking it from a 6 year loan to a four year loan, and it will STILL lower our monthly payment by over $130.00. We will continue to pay the higher monthly payment, since we already have been. Hopefully we will get out of this loan much sooner than we had expected.
Yesterday, I ordered our annual FREE copies of our credit reports, so I am anxious to see our "FICA SCORES", hale the holy! :-)
We are taking desperate measures to get ourselves out of debt. We do not have anymore debt than the average American, but we like Dave Ramsey's theory, "Live like no one else today, so you can live like no one else tomorrow"...here is to a debt free tomorrow, my friends!
Our overall financial goal is to be debt free in 39 months. We are working our tail ends off to get it done!!! WHOOOOOOOHOOOOO!!!
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