Friday, March 31, 2006

I Can't Believe I Paid it Off!!!!!!



Wow!

I'm done!

I have successfully paid off every penny of my Mastercard. I haven't used the card for about five years. It's taken a long time, but now it's done.

I got the card my freshman year at Clemson. It was one of those spur of the moment credit card applications to get a free shirt or a hat, etc. At first I used the card wisely, but then it took a turn for the worse. I began using the card to pay for summer semesters and books. At the worst point, I was actually writing checks from it to try and help my parents through some trouble they were having at the time. These checks are bad news. They have a much higher interest rate! At the time, it didn't seem so bad. I saw my balance getting higher and higher and I knew my student loans were also growing, but I had the attitude that I would worry about it later.

And worry about it later I did! At the final point, the balance on my card was $13,000 with a 19% interest rate. I have put sooo much money into paying off this card. And now it's done!

Yippy!

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