It’s time to check in on our debt payments and savings goals again. If you’re joining us for the first time, you can read about our decision to publicly keep track of our debt here.
Pull up those balances!
Logan’s paying off a Citi Card, which currently has an APR of 19.99 percent, and a minimum monthly payment of $47.
March 2014 Balance: $3,075.83
April 2014 Balance: 3,126.77
Says Logan: It’s higher because I am late on my payment, but I get my first paycheck on Friday and then I can pay this and other bills, and all will be fiiiiineee.
I’m paying off a private graduate student loan currently serviced by Discover. The interest rate on this loan is 2 percent, and the minimum monthly payment is $147. The original balance on this loan was $22,377.
March 2014 Balance: $14,126.32
April 2014 Balance: $13,964.85
March 2014 Balance: $200
April 2014 Balance: $250
Remember, if you pay off one of your debts or reach a savings goal, email me your address and I’ll mail you a note to congratulate you.