Got a bill for Card 3...they hit me with a finance charge of $80.45 so that brings its balance to $8215.39 with a min payment of $161! I'm still busy working on a possible (and probable) consolidation plan to cut down on the monthly payments and increase the amount left over to put to the principal. Here's the updated matrix:
Updated matrix:
Card 1/$12097/$20000/14.23
Card 2/$15215/$31000/12.24
Card 3/$8215/$12500/12.24
Card 4/$6211/$9000/18.24
Card 5/$6151/$9000/18.24
Card 6/$6143/$8000/0.00*
Card 7/$5903/$10000/4.99**
Card 8/$3821/$10000/0.00***
Card 9/$1971/$7250/17.24
Card 10/$3464/$4400/16.99
Card 11/$2815/$3900/13.99
Card 12/$2100/$2500/0.00****
Card 13/$4075/$4500/5.82
*Teaser rate ends 4/1/07 (up to 13.99)
**Balance Transfer rate
***Teaser rate ends 8/22/07 (up to 24)
****Teaser rate ends 5/1/07 (up to 13.99)
$81008-$78181=$2827 off since day 1.
Sunday update
March 11th, 2007 at 08:13 pm
March 11th, 2007 at 08:56 pm 1173646609
March 12th, 2007 at 06:30 am 1173681025
I just read your blog for the first time tonight and I wish you well in your quest towards financial stability. It is hard but you can do it and I am living proof!
As you pay one off and put the money on the next you'll see great progress. Don't get discouraged. You will be successful!
March 12th, 2007 at 12:37 pm 1173703037