Women in Red Racers - Northeast Region

[Maryland Monroe]

I'm so excited...only three more payments on my 0% credit card! It's hard to pace myself, but it's for the best.

[tribeca7]

UPDATE: tribeca7: 10/31/14, $30,526.17 (3/6/13, $45,406.31, NE101)


Happy Halloween!

[Maryland Monroe]

Update: Maryland_Monroe[2] 11/1/14 $72046.37 (1/1/14 $80451.89 NE 113)

Mortgage.........	62,578.47
Loan	8,927.90
CC	540.00
Total	72,046.37
Total Paid	8,405.52
% Paid	10.45%

[movinonup]

UPDATE- movinonup: 11/01/2014 $291,196.23 (02/12/13 $309,217.65 NE100) NY

Account	Interest Rate	02/12/2013	10/01/2014	11/01/2014	Paid Since Last Update	Total Paid	Percentage Paid
LOC	18.240%	$3,500.00	$0.00	$0.00	$0.00	$3,500.00	100.00%
CC#1	0.000%	$20,688.08	$8,785.16	$8,645.16	$140.00	$12,042.92	58.21%
CC#2	0.000%	$(8.16)	$16,003.40	$15,406.22	$597.18	$(15,414.38)	(188,901.72)%
CC#3	19.990%	$10,300.00	$2,642.56	$2,596.34	$46.22	$7,703.66	74.79%
CC#4	16.990%	$9,135.05	$6,176.99	$5,891.39	$285.60	$3,243.66	35.51%
CC#5	10.990%	$4,910.22	$12,650.09	$12,348.41	$301.68	$(7,438.19)	(151.48)%
CC#6	0.000%	$1,239.00	$0.00	$0.00	$0.00	$1,239.00	100.00%
SL#1	3.500%	$23,021.50	$19,762.64	$19,578.74	$183.90	$3,442.76	14.95%
SL#2	6.800%	$4,748.54	$2,703.52	$2,585.13	$118.39	$2,163.41	45.56%
SL#3	6.550%	$2,533.57	$1,770.94	$1,730.47	$40.47	$803.10	31.70%
MTG	3.875%	$220,170.76	$222,763.41	$222,414.37	$349.04	$(2,243.61)	(1.02)%
Auto	4.240%	$8,979.09	$0.00	$0.00	$0.00	$8,979.09	100.00%
Total		$309,217.65	$293,258.71	$291,196.23	$2,062.48	$18,021.42	5.83%

EF=$869.61

I think the remaining balance on CC#3 is now at 0% until next May.  Part of the balance on every card is at 0% for at least a few months.  My upromise cash benefits are used to pay SL#1 and SL#2.  I guess the bright side of me spending a lot the last few months is that there were larger payments made to those loans recently. 

-movinonup

[wudnit]

UPDATE: 

Wudnit 11/3/14   $28,015 (1/13/10 $172915 NEU46)

Another milestone!!  Under $30K.  Getting there, but finding it harder and harder to stay on track.  You would think that now that I'm getting closer that it would be easier and easier, but it doesn't seem to work that way for me.  Maybe I'm just sick and tired of this race!!!  I have a car loan that I am not racing and am not sure I will.  I have the money aside to pay for the car completely, I just haven't done that as I do want to maintain my credit as we might be looking to purchase another apartment in the future.  But, once the HE is paid off, I may just decide to pay the damn thing off.  I'm so sick of debt.  Carrying a debt load is emotionally exhausting!!!!

I am loving how my balance is getting smaller and smaller.  This race has gone on for a long time though.  My first post was in January 2010.  For my 5 year anniversary in January, I should hit $150K PAID!!!!  That will definitely be worth celebrating. 

So tempting to take the $$$ I plan to pay on debt each month and blow it on something FUN!!!!  I may have to do that for a month once this is paid off.  This has been a LONG ROAD!!!  Not one I want to re-travel any time soon.

Glad to see everyone is still posting!!

Maryland Monroe:  That is exciting!!!!  3 more payments and that credit card debt will be gone!!!  WHOOOOOOOO HOOOOOOOOOOOO!!!!!!!

[Deleted]

Wow Wudnit, you're so close! Just curious ... since you're not "racing" your car, but you have enough to pay it off ... have you ever considered using the car money to pay off or down your race? Then you could take a well-deserved break, and come back a month or two or three later, and race the car, if you want to. 

After five years and 173K, once you're done, I truly hope you and your family will do something fun with those monthly debt payments, at least for a month or two or three! You certainly will have earned it! 

Also, I'm curious ... if you get another apt, will you race that too?! To me racing mortgage debt isn't the same as racing consumer debt, but that's me. But, I do understand how you feel, because our rental loan "bugs" me, although we don't have the extra money (or even the inclination right now) to "race" it.

I've always really admired your determination though! You've done a fantastic job, kudos to you! 

ETA: I'm not an active "racer" anymore but I still read here, hope you don't mind my "butting in" LOL. 

[wudnit]

debthaven:  Yes, I have certainly thought about that!  I go back and forth on that one.  There is part of me that just wants to finish this race the way I began.  I had a certain amount to put toward debt and, when I could, I increased that.  I paid off our camp, then our apartment, and each time snowballed the payments into the next debt.  Back in August, I paid off the house mortgage, so all that is left is the HE of the racing debt and now the payment that goes toward the HE is substantial.  Everything I was paying on the other mortgages now goes into the HE so that is about $3,000 per month.  I figured that I could have this paid off in August of 2015 which is just 9 payments away!!!  You are right, there is a big difference between consumer debt and mortgage debt.  I have not had any consumer debt for years and am grateful for that, but when that was paid off, I decided to keep going and tackle my mortgages.  I do have to say, I do feel like I am now dragging myself through this last loan.

I LOVE that you are "butting in" that is the reason I sign on to this board!!! 

[Deleted]

You have more discipline that me Wudnit! (But I already knew that!) 

[Minnesotagirl7]

All-

I plan to launch the consolidated threads this Sunday, 11/9. It will happen sometime that morning. I hope you’re all as excited as I am!

[nidena]

Nov 7, 2014 11:52:07 GMT -5 Minnesotagirl7 said:

All-

I plan to launch the consolidated threads this Sunday, 11/7. It will sometime that morning. I hope you’re all as excited as I am!

Super duper!!!  I'm so overdue an update but I'm waiting for USAA to hit my account with their payout portion...  Either way, I'll update after the board consolidation so that it doesn't get lost in the mix.  I will say: I'm thisclose to paying off $70,000 (and having no HEL balance) that I can taste it.  

[nodebt42]

So close to 50% (and this wasn't even my real starting b/c I lost my original when the boards switched from MSN)!

Accounts	Starting	Current	Difference	% Paid
CC #1	$311.08	$0	$311.08	100%
SL #1	$6066.89	$0	$6066.89	100%
SL #2	$34757.95	$20765.88	$13992.07	40.2%
Total	$41135.92	$20765.88	$20369.95	49.5%

NoDebt42: 11/08/14 $20369.95 (7/31/12, $41,135.92, NE90)

[Minnesotagirl7]

Janie4 and Steph08- Can you guys let me know what state you live in? Just so our tracking spreadsheet is up-to-date. Thank you!!