You gotta love the minimum payment warnings that credit cards come with, they are helping me plan my assault on the credit card demon that possesses me.
Awhile back I paid off my Master Card, since then I charged it back up and was carrying a balance on the store charge card I got for work. I am glad to say that I just paid off my Master Card for the LAST TIME, I am taking it out of my wallet and giving it to my mother to hold.
Next on my hit list is my American Express with the ridiculously high interest rate (29.99%). According to the MPW if I pay $126 per month I can have the card paid off in 3 years. That is to long for me, I want to have this card paid off in 1 year. That is going to be hard on a $1400 a month budget (remember, I have a pay cut coming any day now.) I am going to try to up my payment to $250 a month and throw any extra money I get at this card.
Jingle Belle 2018 เต็มเรื่อง พากย์ไทยชนโรง
4 years ago
Credit card companies should be taken out and shot 29.99% that is ludicrous. I agree with you 3 years is way to long I would be throwing everything into paying this off.
ReplyDeleteYes, they got away with robbery when the credit card act passed. I went from 11.90 to 22.90% and for no reason!
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