Here is my November debt update.
This month my total debt actually increased from $71,838.97 to $72,066.36. I’m kind of pissed. I did well with payments, but interest on my student loans caused the jump. I have to start working on that as soon as my employment situation gets better. I am hoping my December update is better. It has to be. Here are the breakdowns.
Bill Me Later – Down $42.42
Credit Union Loan – Down $34.63
Wells Fargo Loan – Same
Discover Card – Down $23.77
Sallie Mae Loan – Up $342.77. I’m not exactly sure how this is possible. The interest is ridiculous. I might have to start back paying on these earlier.
Direct Loans – Up $46.09
Loan 2 – Down $25
Car – Down $62.98
Bank of America – Up $27.33
Moral of the story, do not get a loan through Sallie Mae. How are you coming with your debt repayment? What tips do you use?