Debt Elimination Success Stories - Page 3

hschmid · **I did it!**

With our 2007 tax refund we put $3000 toward debt. I think we maybe went over that by a couple 100. We paid off the plumber (for installing the furnace last year), my mom (owed $100 to her home improvement cc), medical bill (saved 25% by paying now), and today I just settled a large debt that was financed for our water treatment system we had installed over 5 yrs. ago. We settled for 60% (a little more than I wanted to but still good) of the current balance. WOOHOO! This frees up so much more money monthly to pay off small debts, truck pmt., and student loans. I'm breathing a sigh of relief.

deemom · 03-10-2008, 12:13 PM

We our tax return we paid off the mini van that had $2300 left on the loan.

Denvergirlie · 03-15-2008, 03:26 PM

I sent the last check off to the credit card people yesterday! No more credit card debt.

Jan 2006 I was $35,305 in debt --- credit cards, IRS and a car loan.

Today, March 15th 2008 I have a truck loan for $7,722.

I could get that much by selling it. All credit card and IRS debt is gone.

Truck loan willbe paid off my mid summer!

jso315 · 03-31-2008, 06:49 AM

Wow - these entries are so inspiring! I want to be here too! I am working on it (with DH help - so that really helps out!)

Congrats to everyone who has had their successes!

SAHMto3boys · 05-01-2008, 10:23 PM

Quote:

Originally Posted by SAHMto3boys

A small victory here, but we just paid off dh's student loans!

Good bye Sallie Mae!

We still have 1 credit card left which I'm expecting to be gone by March (or earlier depending on our tax return) and then my van should be paid off by the end of 2008!

Of course all this depends on whether or not we move! Hopefully we'll stay here long enough to get out of all this debt since DH wants a new car! We'll see!!

Baby steps! (all of this made possible by Dave Ramsey)

Ok - So I thought I would throw in my update!!

We paid off our credit card debt!!!!

So Sallie Mae is gone, Chase is gone and now we're down to paying off my van. I'm SO excited. I have our estimated pay off date for October, but I hope to find enough money along the way to pay it off a month early for DH's birthday! Espcially since we found the money to pay of our CC debt a month early for my birthday! Happy Birthday to me!!! (the best present EVER)