pay off my mastercard

I need to pay off my mastercard, because I get really grumpy whenever I get the monthly invoice and pay off nothing.

I paid this off. The balance was $3500. Now that it’s paid, MBNA sends me offers on a weekly basis to do balance transfers, low interest deals, cheques, etc.

Fuck you MBNA Mastercard – I’ll never pay you a cent of interest ever again!

back to Citibank. the interest rate over there is 18 points lower. I can’t wait to close the MC account.

I’m canceling. MC is the meanest of the bunch.

I got a car loan, but the loan was too much for the car, so I had a lot of extra money. I paid off my Mastercard, but now I owe 11% on the loan. I also caught up in my Student Loan payments and I’m thinking about putting GPS in my car.

Cha-Ching!

I received a larger than expected tax refund this year – likely my last as my adult child will no longer qualify as a tax deduction for me – and instead of running out and putting a down payment on a newer or nicer car (mine is a 2005 economy model that runs – and looks – just fine), or buying things on my “wish list,” I did some research and listened to the myriad financial advice given on and around tax day, April 15.


The first tip was to pay down or pay off a credit card to save heaps of finance charges. The second was to make an extra mortgage payment (principal only) which can save you something like $4,000 at the end of the loan.


I wanted to do both, but since my son had several medical appointments and such coming up and has no health insurance right now, I chose to pay off a MasterCard. Granted, the advice goes on to say that to increase your FICO score, you should actually leave the account open, which I’ve done; the card is safely tucked away in the back of a drawer I never go in. However, I have ANOTHER MasterCard with a larger balance to tackle now, and a Visa as well.


The conventional wisdom is to pay off the smaller balances first and then apply the “extra” money to the next largest balance until all of your debt is paid off. This is my goal, and though it’ll take me a while to get there, I am happy to be on my way – again – and this time, I will not be taking cash out of my home equity to pay these dang things off!

I’ve had a payment plan for myself for the last few years. Then I got this awesome Income Tax Return. So I paid off half the balance. If I keep my current schedule up, I’ll have it paid off in 4 to 5 months! I’m psyched!

right, so i’m done! with my last paycheque, plus money i had saved up, i was able to pay off my entire mastercard balance. it was totally awesome. [and then, of course, i promptly ordered more stuff with it, but that was for christmas shopping, so. also, i won’t let it get so out of control again; i’m totally being careful with it now.]
i just feels so nice to know that i don’t have to worry about it any more!

well. this would be a lot easier if i could stop buying things online. [i, just now, bought two books. things that i don’t need, but i want.] and also, it’s not my fault that they just changed my limit from $600 to $1000. that’s just like begging me to spend more! [which, well. is probably what they’re going for. um.]

but no. since i’m working full time now, i’m sure this won’t be a problem if i could just stop spending money before i make it. man.

I really wish I could pay this off and just get ahead. It isn’t like I owe ALOT on it, but its enough to bother me as I have my “panic limit”. Just really hard to as once you seem to get ahead something lousy happens, like losing your job, or your car gets damaged by hail, need to pay your autopac etc, etc… Just seems to never end, and one just can’t get ahead.