Progress Report: Difference between revisions

Progress Report (view source)

755 bytes added , 20 years ago

no edit summary

9

edits

@@ Line 8: / Line 8: @@
 To Amy & Jefferson:
 I obtained information from a website called youngmoney.com., but this site is not just for the young. This site informs college students how to stick to a budget, how to avoid debt, and how to get out of debt.
+To Amy & Jefferson & Ryan
+I obtained the following information during my research thus far:
+(1)  Figure out how much you owe.
+(2)  Keep the two credit cards with the lowest rates.
+(3)  If you don't have a credit card with a interest rate of 14% or lower, get one.
+(4)  Make a honest effort to refrain from using your cards over the next six months.
+(5)  Add up your mimimum montly payments.
+(6)  Calculate how much you can pay over the mimimum amount.
+(7)  Apply all of your additional repayments to the card with the highest rates.
+(8)  Consolidate your debt.
+(9)  Pay the mimimum on your lowest rate cards.
+(10) Consider using your savings to get out of debt.
+(11) Consider Bankruptcy.
+(12) Consider Debt Consolidation.
+(13) Consider Debt Counseling.