Wednesday, December 29, 2010

2010 Ending Balance - Bank Visa

In August, 2009 when I started tracking this fiasco, the balance on this card was $3,575.78.

The bill that arrived today shows a balance of $2,513.02.

WooHoo! Over $1k paid off on this one!!!
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2 comments:

  1. The BorrowerDecember 30, 2010 at 6:33 AM

    Great job! Have you estimated what the balance will be in a year? I know minimum payments decrease, are you going to keep paying the same amount? or drop with the payment?

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  2. In DebtDecember 31, 2010 at 7:51 AM

    Because cash flow is so tight, I'm only planning on paying the minimum which drops the balance about $50 a month. So I'm guessing that by the end of 2011 this one will be right under $2K....maybe $1,900. :)

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