Saturday, October 31, 2009

November Status Report

October was a good month as far as paying off debts goes...we settled one credit card, sold one of our cars, and made progress on the rest...However the total number does not reflect much progress because of some returned payments. Our current status is as follows:

1. CitiCards (Amex) $8,775.42
2. BofA CC
$3,657.98
3. BofA LC $38,084.26
4. CitiCards (Student Visa) $2,362 Settled 1/09 35% of balance owed!
5. USAA $12,581.34
6. WAMU/Chase $1,102.49 Settled 10/09 50% of balance owed!
7. Capitol One $1,663.79 Settled 8/09 40% of balance owed!
8. Chase Cards $1,374.46 Settled 3/09 50% of balance owed!
9. Credit Union CC $1428.24
10. Victoria's Secret $242.45
11. Car 1 $3,503.10 Sold 10/09
12. Car 2 $11,272.74
13. Harley $3,200
14. Bally's $424.80
15. Discover Card
$9,753.86

Total Debt Remaining $89,421.09

Saturday, October 17, 2009

October Status Report

Sorry this blog is a little late...we are now in month number 10 of our two year plan and I am glad to report that we made some good progress this month. We sold our second less fuel efficient vehicle and used some of the proceeds to SETTLE debt. Also, I had to make an addition to the list of debts...for some reason I have forgotten to include my Discover Card. If the numbers from the prior months don't match up to this month, its because I added in Discover Card.

1. CitiCards (Amex)- $8,875.42
2. BofA CC- $3,657.98
3. BofA LC- $37,533.24
4. CitiCards (Student Visa)- $2,362 (Settled in January for 35% of balance owed!)
5. USAA- $12,706.34
6. WAMU- $1,102.49
7. Capitol One- $1,663.79 (Settled in August for 40% of balance owed!)
8. Chase Cards- $1,374.46 (Settled in March for 50% of balance owed!)
9. Credit Union- $1,411.77
10. Victoria's Secret- $242.45
11. Car 1- $3,503.10 (Sold in October)
12. Car 2- $11,272.74
13. Harley- $3,400
14. Bally's- 424.80
15. Discover Card- 9,753.86

Total Debt Remaining- $90,381.09