Yikes! Ya’ll are right, I have not done a Debt update in quite a while. So I’ll make this short and sweet. The last update I found when I looked was this one from August, 2015 Debt Update which was a couple of months before my whole world/plan blew up with the loss of my largest on-going client.
Here are my new debt numbers:
| Debt Name | Current Balance | Interest Rate | Min. Mo. Pymt | Original Balance | Status |
|---|---|---|---|---|---|
| TOTALS | $???? | $433? | $97,934 | ||
| Student Loan | $33,345 | 2.875% | $99 | $31,687 | IBRP effective Aug, 2015 |
| Yukon | $982 | 0% (6 months) | $104 | $3568 | Ex pays $246 mo. towards this debt |
| Orthodontist | $???? | 0% | $230? | $10,800 | Working on plan April, 2016 Begins Sept, 2015 |
| Checking Account | $0 | 0% | -- | $741 | Paid Off - Jan 2015! |
| CC Intro Rate - Retail #2 | $0 | 3.99% | -- | $3500 | Paid Off - May, 2015 |
| Personal Loan - Car | $0 | 12% | -- | $5000 | Paid Off - July, 2015 |
| Credit Card - Consumer | $0 | 13.90% | -- | $4,974 | Paid Off - June, 2015 |
| Credit Card - Retail | $0 | 25.99% | -- | $2,265 | Refinanced - Dec, 2015 |
| Car Loan - Accord | $0 | 0% | -- | $1,900 | Paid Off - Dec, 2015 |
| Car Loan - NV | $0 | 6.79% | -- | $31,138 | Sold - Dec, 2015 |
| Line of Credit | $0 | 15.95% | -- | $1,248 | Paid Off |
| Credit Card - Retail #1 | $0 | 0% | -- | $413 | Paid Off |
| Property Tax | $0 | 0% | -- | $700 | Paid Off |
Just a couple of notes:
Student Loans – Needless to say, the income based repayment plan, while I am SO grateful for it, does not even cover the interest, thus the increase balance since last fall. So this definitely needs to be on my radar as I get back on my feet.
Ex Husband’s Car Loan – You can see from the balance that both of us have been making payments on this one. He is Super Motivated to get it paid off so he can get the title and do whatever. I am super motivated to get it off my shoulders. Hoping this one will be gone in the next month or so. It’s still my number one goal.
Orthodontics – I have just finished negotiating with them after months of trying. And we have reached an agreement. So I will update the total now owed with the next update since I’m still waiting on the documentation, etc.
If you have been following the last couple of weeks, you will remember my choice to delay paying my last month’s rent in my apartment to cover the needed expenses for the month we moved. I have not included that rent payment in my debt because it will be paid in full within the week.
So that is where I stand right now…
