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Home > 52 Week Challenge ... Credit Card Balance ... Ugh!

52 Week Challenge ... Credit Card Balance ... Ugh!

June 28th, 2016 at 11:59 pm

Hi, everyone. My credit card payment came due again on Friday and despite all the hard work I did at paying a good off, about $30.00 in finance charges were added. It's not even close to maxxed out. I think I need to verify the interest rate, because it's supposed to 12.9%, so the interest amount seems high. This interest brings the balance to $3157.00. Ugh!!!

Anyway, I recently got a Pinecone check of $3.00, so I sent it directly to cc #1.

Old 52 Week Challenge Balance $2364.23

$3.00 Pinecone payment applied to cc #1

New 52 Week Challenge Balance: $2367.23


After the payment, the cc #1 balance is $3154.00.

I should add to the above that no recent purchases were made to cc #1 which did not get immediately paid for.

4 Responses to “52 Week Challenge ... Credit Card Balance ... Ugh!”

  1. creditcardfree Says:
    1467155711

    Would you qualify to have that credit card transferred to a lower rate card. I believe Chase Slate card has no transfer fee. Keep working at it, you WILL get it paid off.

  2. crazyliblady Says:
    1467158533

    As appealing as that is because of a lower interest rate, I don't want another credit card. 2 is enough for me to keep up with.

  3. AnotherReader Says:
    1467164583

    Transfer the balance to a 0 percent card and then cancel the card you are transferring from. If you qualify for the Slate, you should get 15 months interest free and no balance transfer fee. If you focus only on paying the card, you might be able to get most or all of it paid off in 15 months.

  4. crazyliblady Says:
    1467244437

    Don't want ANY other credit card.

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