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Personal loan payment hit!

October 16th, 2009 at 02:50 pm

Of course the first thing I did when I got into work was to check my personal loan balance online. $1765 of my payment went to principal! For the October goal, that means I've got $2498 down, $102 to go on my debt repayment goal.

The personal loan is down to $3114 now. I know I can get it down to $600 by mid-December, but we'll see what I can do to whittle it down even more.

I can safely say I won't hit my "Big-Picture Goal," which I set in the beginning of '08 before the economy got really bad and our finances rocky. That was to pay off ALL my "bad debt" by the end of this year. However, I will have done some real damage to that debt, and who knows? Maybe 2010 will be the magic year that we get rid of it once and for all.

6 Responses to “Personal loan payment hit!”

  1. creditcardfree Says:
    1255701365

    Yipee! I think you might beat me in getting your debt paid off. Smile Keep up the good work.

  2. ceejay74 Says:
    1255702250

    Thanks!!

    I may pay mine off sooner, but mine is just one step in my journey, whereas yours will be the finish line! That will be even more exciting. Smile

  3. frugaltexan Says:
    1255711714

    Good work!

  4. Analise Says:
    1255719826

    You may not reach your big-picture goal but how amazing to have paid off $50,000 in less than two years. You are no doubt continuing to inspire others with your focus and dedication to getting debt-free. Kudos!!

  5. homebody Says:
    1255747877

    You are doing great!

  6. LuxLiving Says:
    1255816741

    ...and it's all good karma stuff to boot! YEAH for you!!

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