I’ve been working away quietly at this one for about a year. I should have it paid off before Labour Day, possibly sooner. The problem is that I’ll never give up needing my line of credit for emergency purchases or big ticket items. The lesson learned: don’t use your line of credit for frivolous purposes. Before I got hold of the situation I bled away $5,000 in interest payments. That’s money I could have used to support my kids’ education or a nice vacation or savings.
See more progress on: pay my line of credit
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