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The Not-Good, the So-Bad, and the Just-Ugly: THE NUMBERS


Scary, scary numbers


Okay, since I'm typing into a void here, I'm less concerned about posting numbers. Speaking them unto the universe, as it were.

They're not good. As in six figures of not-good.  Yup.

And now, without further waffling, the trauma and the tragedy: $104,966.38.

Yeah.

Here's the breakdown:
Creditor Interest Rate Owed
Amazon Store 26.49% -31.99
Chase Visa 21.49% -123.38
Chase Amazon Prime 18.99% -127.30
Chase Slate 13.74% -420.18
Chase Freedom 12.74% -103.56
CU Signature Visa 2 10.49% 0.00
Bank A Signature Visa 10.40% -262.17
CU Signature Visa 1 8.40% -13,210.51
HELOC 7.50% -85,344.58
CreditFirst (Firestone) 0.00% -785.80
Citi Diamond Preferred 0.00% -2,055.43
BankAmericard Platinum 0.00% -2,501.48
Total CC Debt -19,621.80
Total Debt -104,966.38

Ouch.

A few notes --
  • The HELOC is strictly for expenses for the rental property; as noted before, the majority was to repair/renovate extreme damage.
  • We've paid approximately $10,000 (! (!!!!) ) in interest charges on the damn thing so far.
  • Most of the cards are "working" cards -- we rotate the use to keep them and any points active, and pay them off each month.
  • The exception is CU Signature Visa 1, with the lowest interest rate. That's where we parked expenses we weren't ready to pay, and that's where we paying interest.
  • We do have savings -- but we've been concerned with being liquid if there's a real emergency, and elected to pay the CC interest rather than drain the savings to pay the CC balance.
Still. All the Ouchies. 



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