Hello!
I got a bonus at work and sent it to my personal loan without thinking much about it!
I did complete a short sale in November so my creditors are more and more aggresive reducing my limits. Also I called my bank to further consolidate and they advised me to not even apply due to the short sale. That is ok, I have 3 accounts left, I'll pay them separately.
ok, so we have:
Visa
Balance: $2800
Limit 2800 --->Reduced from $5000
Interest: 12.99%
Available balance: 0
Monthly interest fees: $31
Annual Fee: None
Monthly minimum: $50
Personal, non revolving loan
Balance: $1600
Interest: 16.45%
Monthly payment 360, out of which 85 is interest, 275 goes to principal
Monthly interest fees: 85
Car loan
Balance: $8600
Interest: 5.95%
Monthly payment 297, out of which 49 is interest, 248 goes to principal
Monthly interest fees: 49
Paid for accounts, keeping them open for now:
Care Credit
$5000 available credit @ 23% (only for health services)
Annual Fee: None
Amex
Interest: 27.24%
Available balance: $1600
Annual Fee: None
I am just waiting for my tax return to make another bulk payment!
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