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Under 12k in CC debt!

January 16th, 2012 at 07:52 pm

I made my final payment to BoA today. It should post tomorrow. That's another credit card: GONE! I'm so excited. As I mentioned before, I have a feeling my goals to pay these cards off will go much faster than anticipated.
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I've been doing well using the gift cards mentioned here: http://gettingoutofdebt2011.savingadvice.com/2011/12/20/gift-cards_88461/

So far, I used $125 to pay for gas and groceries. I transferred all of that to savings from my checking account to put to CC debt. It feels good to be using these cards for good things instead of just using them for fun. I have about $1000 left in my savings that I can use to make a big payment to my next card: Discover. That'll put me at about $2800. It would be awesome if I can get under $2500 this month. We'll see; it might happen. Smile

And on that note, I'm under $12k in credit card debt. Big Grin

When I started in August I owed $25301.28. I've paid $13698.64 in 6 months!!!!!!! What an incredible feeling.

4 Responses to “Under 12k in CC debt!”

  1. Big saver! Says:

    Congrats! Keep it rolling!

  2. My English Castle Says:

    Nice progress!!!!

  3. snafu Says:

    Good on you, you'll clear the balances before you know it! Don't get in CC debt again, it's so pointless to pay so much interest and fees

  4. creditcardfree Says:

    Congratulations on less debt!!

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