- 4,150
- 2,493
- Joined
- Oct 30, 2009
Famb
Debt free. Felt like a load of my shoulders when I hit submit.
The way I did it was finesse intro rates on credit cards.
They were giving me 18 months interest-free, so I'd get a new card, pay the higher interest rate loans (since they're grouped) off and just beat the **** out of the principal on the credit card before the trial was up.
Did it across 7 or 9 cards.
Had spreadsheets and calendar reminders to keep up with payments and when the trial period ended.
Missed three or four payments when things got tough which hurt my score, but the amount of payments between all the cards (7+) means my % of on time payments was still looking good
I do okay income wise, but live below my means. I still drive my impala with 200k while all my associates have Porsches or higher end common cars.
You can do it. Just takes patience.
Once I got rid of all my credit cards and student loans, it just feels like I got a raise because a fourth of my check just got freed up for me to use.
Any other tips on attacking debt?
Debt free. Felt like a load of my shoulders when I hit submit.
The way I did it was finesse intro rates on credit cards.
They were giving me 18 months interest-free, so I'd get a new card, pay the higher interest rate loans (since they're grouped) off and just beat the **** out of the principal on the credit card before the trial was up.
Did it across 7 or 9 cards.
Had spreadsheets and calendar reminders to keep up with payments and when the trial period ended.
Missed three or four payments when things got tough which hurt my score, but the amount of payments between all the cards (7+) means my % of on time payments was still looking good
I do okay income wise, but live below my means. I still drive my impala with 200k while all my associates have Porsches or higher end common cars.
You can do it. Just takes patience.
Once I got rid of all my credit cards and student loans, it just feels like I got a raise because a fourth of my check just got freed up for me to use.
Any other tips on attacking debt?
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