Made my monthly payment on my LBCC today. I want to work at getting this paid off within the next six months.
May LBCC Balance: $1,079.93
Interest: $19.86
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June LBCC Balance: $1,099.79
June Payment: -110.00
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New balance: $989.79
Minimum payment was only $55, so I decided to double that to help pay it down quicker. I want to add another $50 towards the balance as well this month to make sure whatever finance charges are incurred don't pop me back over $1,000.
In August of 2006, I owed $1,300 on this card. By not paying more than the minimum, and continuously charging on it, I have managed to only completely pay off $300. If I had paid more than the minimum and stopped using it, it would have been paid off a year ago. I get sick thinking of how much interest I paid them and how much money I have thrown away. *sigh*
At least it encourages me to keep paying it and not use it.
CC Payment
June 3rd, 2008 at 07:12 pm
June 3rd, 2008 at 08:43 pm 1212522218
June 3rd, 2008 at 08:45 pm 1212522346