Friday, April 4, 2008

Debt Refinance/ Balance Transfer?

I am so tired of catching up!!! I currently have two credit cards with a combined balance of $9,300, $2,400 and $6,900.The $6,900 balance is the remaining balance on a $25,800, 20% second mortgage resulting from my 80/20 home purchase 5 years ago. The current rate on this credit card balance is 3.99% fixed for the life of the loan. I have been paying $225/month to have the balance paid off in 3 years by 12/2010.The $2,400 balance is the result of spending in March 2008. Thus far, I have been fortunate to be able to pay off the balance on my revolving card in full each m[...]

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[Source: The Money Blogs]

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