I'm sending a check for $7000 to my Bank of America account.
Now that probably sounds a lot better than it is, since it's borrowed money (from the personal loan).
But I have my reasons, mainly the outrageous interest rate on that card.
So, I'll update my statistics to the left when I see it posted to my account!
I'm looking forward to being done with that credit card sometime real soon.
They raised my interest rate last fall because of a random credit screening that determined I was overextended. So, of course the intelligent thing to do when someone is overextended is almost double their interest rate so they can't even afford the minimum payment! Since I was looking for a job at that time, it definitely didn't help my state of mind :)
Took me a long time on the phone to finally get them to decrease the interest rate back to what it was. It's not great now, but at least it's not 31.99%. Ridiculous I tell ya.
2 comments:
Congratulations on starting a blog! I just started "My Daily Dollars" a month ago. I can't tell you how much it's helping me to stay on track. I look forward to reading more from you!
Getting started is the toughest part. Youll find that over time, and with encouragement from seeing those numbers going down and down, you'll be more pumped about it.
Welcome to the blogosphere.
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