Comments on: Other Debt Like Obligations and How to Eliminate Them http://www.askmrcreditcard.com/creditcardblog/other-debt-like-obligations-and-how-to-eliminate-them/ Latest Credit Card News, Reviews and Information Fri, 05 Dec 2008 15:24:06 +0000 http://wordpress.org/?v=2.6.5 By: Mr Credit Card http://www.askmrcreditcard.com/creditcardblog/other-debt-like-obligations-and-how-to-eliminate-them/#comment-56997 Mr Credit Card Sat, 08 Mar 2008 14:08:05 +0000 http://askmrcreditcard.com/creditcardblog/other-debt-like-obligations-and-how-to-eliminate-them/#comment-56997 To TJ Always a smart idea if you could get a 0% deal. But the trick is to use that extra savings to pay off your other debt and spending it! That way, the snowball effect really gets to snowball. To TJ

Always a smart idea if you could get a 0% deal. But the trick is to use that extra savings to pay off your other debt and spending it! That way, the snowball effect really gets to snowball.

]]> By: M http://www.askmrcreditcard.com/creditcardblog/other-debt-like-obligations-and-how-to-eliminate-them/#comment-55643 M Sat, 23 Feb 2008 06:59:27 +0000 http://askmrcreditcard.com/creditcardblog/other-debt-like-obligations-and-how-to-eliminate-them/#comment-55643 I was recommend to pay a little more on your mortgage every few months. It saves you a lot of money in the long run. I was recommend to pay a little more on your mortgage every few months. It saves you a lot of money in the long run.

]]> By: TJ http://www.askmrcreditcard.com/creditcardblog/other-debt-like-obligations-and-how-to-eliminate-them/#comment-55632 TJ Sat, 23 Feb 2008 02:30:48 +0000 http://askmrcreditcard.com/creditcardblog/other-debt-like-obligations-and-how-to-eliminate-them/#comment-55632 New to your site. Great site! I have a couple of questions. I have $37,500 in student loans at an average APR of 8.5% so I applied for three different cards to get 0% balance transfer. One is for 4 months and the other two are for 12 months. I transfered a total of $10,000 to the three cards. I will pay them all of early. I hate debt but wanted to save a little cash on the interest rate. Was that a smart idea? New to your site. Great site! I have a couple of questions. I have $37,500 in student loans at an average APR of 8.5% so I applied for three different cards to get 0% balance transfer. One is for 4 months and the other two are for 12 months. I transfered a total of $10,000 to the three cards. I will pay them all of early. I hate debt but wanted to save a little cash on the interest rate. Was that a smart idea?

]]> By: Master Your Card http://www.askmrcreditcard.com/creditcardblog/other-debt-like-obligations-and-how-to-eliminate-them/#comment-55432 Master Your Card Wed, 20 Feb 2008 06:37:06 +0000 http://askmrcreditcard.com/creditcardblog/other-debt-like-obligations-and-how-to-eliminate-them/#comment-55432 I'd also add that if you're able to self-motivate, go for the highest-interest-first repayment method over Snowballing. Although the Snowball method that Dave Ramsay advocates is good for staying motivated, the end result is that you'll end up paying significantly more interest in the long run. I’d also add that if you’re able to self-motivate, go for the highest-interest-first repayment method over Snowballing. Although the Snowball method that Dave Ramsay advocates is good for staying motivated, the end result is that you’ll end up paying significantly more interest in the long run.

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