Happy Friday everyone. For those who are new here, I’ve been actively paying on my debt since January 2015. Below is my April 2016 Debt update:
My total debt decreased from $69,146.07 to $68,887.38. That was a decrease of $258.69. That number would have been higher, but I had to put some of the money back in my emergency account due to the tires that I had to get last month. Let’s look at current numbers.
Loan 2 – Down from $5870 to $5860
Wells Fargo – Down for $653.30 to $519.11
Bank of America CC – Down from $932.32 to $920.78
Chase – Down from $1960 to $1935
Navient – Down from $24,852.34 to $24,777.24
Nelnet – Down from $34,878.11 to $34,875.25
I like the fact that all the numbers are getting smaller. The Wells Fargo loan should be even smaller in my next update. I won a contest sponsored by LendEDU. The prize was a $250 payment on your student loan. It should be applied to my Wells Fargo account by then.
Previous Debt Updates
January 2015 Debt Update ( The 1st One)
You can view all of my debt updates here.