Saturday, March 6, 2010

Dad Student Loan Status- March 1, 2010

1. ACS Loan: $118,012.87 This loan recently defaulted and I was told that they would add 18% no matter what I do from now on...I don't know what to do here?
2. Defaulted Federal loans: $59,053.20
3. Federal loans: $3,186.

Total Owed: $180,252.07

Friday, March 5, 2010

March 1, 2010 Status

Still slogging through this one bill at at time. Here is our status:

1. CitiCards (Amex) $8,375.42
2. BofA CC
$3,921.73
3. BofA LC $38,084.26
4. CitiCards (Student Visa) $2,362 Settled 1/09 35% of balance owed!
5. USAA $12,215.66
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 $1,350.05
10. Victoria's Secret $242.45 Paid Off January 2010 for 50% of balance!
11. Car 1 $3,503.10 Sold 10/09
12. Car 2 $10,543.32
13. Harley $2,400 Paid Off January 2010
14. Bally's $424.80 Paid Off January 2010 for 50% of balance!
15. Discover Card
$8,969.86

Total Debt Remaining $83,460.30

So far, in the past 13 months, we have managed to pay off $26,862.88. Only $83,460.30 left to go!!!!