Archive for January, 2007
» posted on Thursday, January 18th, 2007 at 1:21 pm by Ted
First Statement from consolidation loan
The other day I recieved my first statement for my consolidation loan. Monthly interest is around $160 compared to in excess of $250 when I was carrying this debt on my credit cards. So that’s a good thing.
On the downside after four months I’ve only managed to reduce the balance by a bit over $1000.
I really need to get focussed on my debt this year.
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» posted on Monday, January 15th, 2007 at 1:20 pm by Ted
Long Time No Updates
It’s been a while since I posted here, life has got in the way a little bit. My credit cards have taken a hammering over Christmas and I’m in worse position than when I started this blog. But as always I’m working on it.
I took advantage of an offer from one of my credit card providers to balance transfer at 3.99% for six months, this will help alleviate the pressure a little bit for a while.
I’m also planning to go through my house and find everything I can sell on ebay. This might help redeem some of my excess spending for the last three months.
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