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April CC Debt Update

April 1st, 2013 at 01:10 pm

April 1 CC Debt:

CC1 - $457.00
CC2 - $456.59
Total CC Debt - $913.59

March 1 CC Debt:

CC1 - $630
CC2 - $549
Total CC Debt - $1,179

Month to Month Difference = $265.41

We have less than 1K CC debt for the first time in forever.

Debt reduction beyond minimum due = $110.41.

The minimum due on CC1 has plateaued now. It's always been 2% of the balance. Since the balance hit $750, the new minimum due is $15 per month, and will stay there until it's paid off. Not that that matters. I'll continue to pay off well more than the minimum, but it's kind of a neat milestone.

Our progress has slowed. There are a lot of demands for our money right now. I project that in the month of April we'll spend just shy of $7 in interest on credit cards.

1 Responses to “April CC Debt Update”

  1. creditcardfree Says:
    1364822094

    Less than $1K is awesome!!

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