• Lower your monthly payments
  • Reduce stress and live your life
  • Avoid personal bankruptcy court

My Debt Cures story

Hello-

Today, I wanted to tell you more about my Debt Cures story. Another title would be, “how I got rid of almost $3000 of credit card debt in the past two months”.

Using tips from Debt Cures and The Total Money Makeover, I have paid off almost $3000 on my credit cards. I have also saved up $1000 for my emergency fund. I have kept the interest rate on one card from doubling. Reading Debt Cures and running this reviews site has made me more aware of things to look for when dealing with credit card companies.

Just a couple months ago, Bank of America mailed me a letter that was going to double my interest rate. I had to respond to to keep my rate from doubling. I was pissed. Here I was, making all my payments on time and this is how they repay me.

I have been a customer with them for almost 8 years and made all my payments on time but they still tried to double my interest rate.

This is why you need to pay attention to your credit card statements. They can try and sneak these changes on your account with very little notice and if you don’t pay attention, they can screw you over again and again.

Ok, so how did I pay off $3000 of credit card debt in 2 months?

I used the debt snowball method which is outlined in Dave Ramsey’s The Total Money Makeover. I am paying the lowest balance card first even though it does not have the highest interest rate. Just the relief of getting one card paid off will lift a big burden off my shoulders.

I stopped charging stuff on my credit cards.

There were several times where I wanted to buy stuff and “slapped my own wrist” because I am trying to get out of debt and it’s hard to do that when you keep charging stuff. My computer was running slow one day and I thought about buying a new one. My brother works for a PC company so he ordered me one and I paid him. After a few days, I had buyer’s remorse. I decided I really didn’t need that new computer and I could make do with the one I have now. So I ended up giving it to my sister and she paid for it. The $500 was then sent to my credit card company instead of for a new PC. I felt much better.

I have also been paying cash or using my debit card for most purchases nowadays.

I have also been working more developing websites which bring in income and have allowed me to pay more to my credit cards.

It takes discipline to get out of debt. If you work hard and smart on it, you can get out of debt rather quickly.

Debt Cures and The Total Money Makeover have helped me be more aware of my finances and helped me get on the debt free path.

Thanks and have a great day!

You can send in comments about how you are getting out of debt to help inspire others to do the same.

-Adam

Debt Cures Reviews

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