Let’s All Throw Some Money at Our Problems: September Check-In
We haven’t forgotten! It’s time to check in with our debt payments. If you’re joining us for the first time, you can read about our decision to publicly keep track of our debt here. Join us to fight the good fight of paying off our debt, won’t you?
Logan is paying off her J. Crew Credit Card, which currently has an APR of 24.99 percent, and a minimum monthly payment of $29.
August 2012 Balance: $513.61
September 2012 Balance: 497.30
Mike is paying off one of his Sallie Mae Private Student Loans, with a current interest rate of 4.5 percent, and a minimum monthly payment of $55.
August 2012 Balance: $1,497.71
September 2012 Balance: $1402.33
Give us your updates below. And remember, if you pay off one of your debts, send Mike an email and he’ll mail you a notecard to congratulate you.