Chase Card #1 Update

Love love love that right now 100% of my payment goes to the balance. I will really hate when this ZERO interest promotion runs out. Paid another $131 on this balance during September, leaving a balance of $6,434.

Bank VISA September update

Just got the statement in the mail today for the Bank VISA. New balance is $3,564.01. Hopefully, there will be more progress on this debt next month!

A "No-Change" Update on Chase Card #2

As I said before, I am only paying the interest charge and the current charges on this card right now. At least that way, paying the current charges as they are incurred meets the minimum payment and the balance is not going up. This month's statement shows a balance of $3598.75.

Holding my breath

Even though experts don't anticipate the Fed to raise interest rates until sometime in 2010, I still hold my breath every month until they announce the results of their meeting. An increase in the prime rate would really hurt my efforts to pay down this debt! Just a couple more hours until I know whether I can breath a little easier for yet another month.

The Grand Totals

So there it is all laid out for the world to see! The starting balance of $396,113.59 that has been ever so slightly reduced to $392,069.89. I have a long way to go!!!!!

The Money Market Loan

The last loan to list is not owed to anyone except myself. It was borrowed from my Money Market account to pay off a credit card balance a couple of years ago. Because I'm insane, I refuse to admit that I used money from my emergency fund for anything other than an emergency so I keep track of it. Like I said, I'm insane. But if someone handed me $110,000 today I would pay myself back.

The current balance of this debt is $4,711.50.

Kroger Credit Card

Other than the HELOC, this one is currently the one I'm most driven to see a zero balance on. Is it because it has the lowest balance? Is it because I'm ticked they raised my interest rate from 7.49% to 11.24%? I don't know, but I'm the most mad at this one and have the crosshairs of my scope set on it.

I still use this card at least twice a week, but I am now transferring the amount that has been charged every two or three days. In fact, last week I think I had a payment posted to this card every day during the week! The good thing about this strategy is that if I can get the balance low enough where I am paying (using my current spending) throughout the month the amount of the last statement balance or more, I won't incur ANY interest charges. It's still a little too high for me to do that since I use this card only for groceries and gasoline at Kroger. I do earn some rewards on groceries and a 15 cent off per gallon on each fill up of gasoline. Hopefully, next month I won't have to pay interest on this card.

The current balance is $958.23.