All but three of my credit cards now have a zero balance. One of those three I use instead of using my debit card, and I pay it off every month. The other has my student loan debt (with a fixed 5.9% rate instead of the variable rate I had with my student loan).
I did some backsliding with the third, so the balance increased to $16000. But I am still able to make the minimum payment and then some.
My focus now is on paying off the card that contains my student loan balance. I’ve managed to pay off about 40% of it in 10 months. My goal is for that card to have a zero balance no later than 14 months from now.
