Finally finished paying off my car.

[Pitman]

After about 2 years of foolishly paying the minimum ($160), I had a nice long talk of my financial advisor, my Mother, and she convinced me to start doubling my payments to get rid of the note faster. After that I started paying $400 a month a little more than what she suggested, and last nite I paid of the note. I can't tell you how good it feels to finally get rid of this ball and chain. Now I can focus on paying off my CC debt, and my student loan, and continue to save. Thanks for reading, I just wanted to share my happiness.

[bankaround]

Congats. Nothing feels better than to buy off a debt like a car except a mortgage.

Was your interest rate higher on the car loan than the CC debt?

[Pitman]

Was your interest rate higher on the car loan than the CC debt?

By all means no, my interest rate on my CC is 26% if I'm not mistaken, and my car interest rate was at 7%. My CC rate is that high due to chase bank being extremely slow with the payment.

I currently owe $1,400 on my CC, and my student is at $4,500. I'm looking at paying off my CC by Oct, and my student loan by the end of the year.

[bankaround]

It might have been a smarter idea to pay off your credit card debt first if your interest rate is that much higher.

It's too late now but just something to keep in mind in the future. You want to pay off the higher interest rate in almost all cases.

[rizzmo]

Way to go! Keep chipping away at those other debts.

[Aleta]

Congratulations! Now you can focus on what's left with more money to add to it.

[disneysteve]

Congrats. Debt-free by the end of the year will be very very nice.

[maat55]

Think of it as a financial hole in one. Great job.

[Pitman]

Thanks for comments fellas.

It might have been a smarter idea to pay off your credit card debt first if your interest rate is that much higher.

It's too late now but just something to keep in mind in the future. You want to pay off the higher interest rate in almost all cases.

Thanks for the advice, I'll definitely use that in the future.

[Coleroo]

whoohoo!!!!!!! i know that has to feel great!! we have little over a year left for both of our cars to be paid off, and I am looking forward to rejoicing as well! :-D congrats!!

[Saban]

Congrats buddy! I hope to have my car paid off by the end of the year too.

[fruitbowlk]

I paid my car off a little over two years ago. Great Job.

[emmy123]

Congrats, I struggled paying off mine, I had to work as hard as hard to eventually pay mine off.

Great one!