Because my student loans and car payments haven’t gone into collection, I didn’t really consider them to be debt. I make regular payments on both loans which improves my credit score. Not only that but I usually pay more than the minimum monthly balance, which speeds things up. I plan on making a $500 payment on my car next month, I’m only required to make $139.

So to clarify, yes I’m still technically in debt (5k car loan + 2.5k student loan) But given the fact that I pay these regularly and in excess, they go down in my ledger as regular monthly expenses.

Also, I would like to say that I absolutely love Progressive. I don’t think I will ever have to switch from them, like I did with Geico.