Gleen
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Reduce debt by $5000 in one year
Star this Commitment
Gleen commits to:
Finding a way to apply payments monthly to meet my goal, and reduce my spending to maintain it.
No more reports due
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My Commitment Journal
 Gleen
June 11, 2015, 6:18 PM
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OK - my overdraft remains at $1000 or less, down from 3500 My credit card remains at $3000 or less, down from 12,500 My - consolidation loan principal has gone down from 43,000 to 36,337 (less 6,663) I have paid down my auto loan on time, and my mortgage. I owe municipal taxes of 1500 but all other bills are paid and up to date. However, I have 13,311 new debt at City Financial as of last August for a total of 49648 not counting vehicle and mortgage. I am currently paying part of my son's car payments. I should not have co-signed with him. The difference in debt is 56,000 - 49648 = 6352 |
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Gleen
November 17, 2014, 7:35 PM
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I have not missed any payments and have gone from 43,000 to 40,211.05 since June. I gained debt $850 with a new Bay card and $3000 for car repairs after an accident - but have not increased my Visa, nor my overdraft. I hope i am making progress. We will see how it all evens out by next June. |
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Gleen
October 9, 2014, 6:23 PM
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| Ok, i have made all my consolidation payments and I am down by 1,948.89.BUT my teen had a car accident and I borrowed $3000 from Citifinancial at 34% to pay for repairs. Debt has therefore gone up by 1051.11 since June 16th. Still have part of the year to go and will not quit trying. | |
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Gleen
August 27, 2014, 10:02 PM
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| My other son had a car accident, i have had to get a $3000 loan at 34% to pay for repairs. But i have made all my consolidation payments. My credit card is down from 15,000 to 2,500. My overdraft protection is down from 3500 to 1000 and I am currently not overdrawn. I have signed up for electronic loan payments and will make extra payments on my new $3000 loan before Christmas. | |
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Jun 24, 2014
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June 6 to June 10
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