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Thank you
rachbc
Posts: 4,461 Forumite
I've not posted on this board much but have had a really good browse and done plenty of thinking (and acting) on what I have read here. A few months ago DH and I had our lbm and finally faced our cc debts. After paying minimum payments for ages and getting stuck on standard interest rates we considered a consolidating loan - however after some jiggling cards, shifting everything onto lifetime balance cards at acceptable rates and crunching the no's on 'whats the cost' we have a manageable 'snowball' payment schedule and a debt free date of Aug 2014 - When I first did this it said 13 years and am amazed that will a bit of juggling and asking for better rates we have managed to shave years of our target. And have managed 2 months with no credit card spending for the first time in 7 years!
Thank you to everyone!
Thank you to everyone!
People seem not to see that their opinion of the world is also a confession of character.
Ralph Waldo Emerson
Ralph Waldo Emerson
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have managed 2 months with no credit card spending for the first time in 7 years
That is an impressive feat, you are well on the way to bring down the debt and getting on with enjoying life to the full.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0
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