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Assignment 3: Eliminating Debt

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Assignment 3: Eliminating Debt
Eliminating Debt
Thursday, March 15, 2012 3:33 PM

• Develop a payment plan. I have developed a plan that pays off one credit card at a time. • Pay off Chase Credit Card by April 2012. Make a payment of $700 on March 15. This leaves a balance of $671. Make a payment of $162 on March 30. This leaves a balance of $509. Make a payment of $509 on April 12. • Pay off Citibank Credit Card by July 2012 Make a payment of $262 on April 27. This leaves a balance of $2722 Make a payment of $600 on May 10. This leaves a balance of $2122. Make a payment of $500 on May 10. This leave a balance of $1622. Make a payment of $226 on May 24. This leaves a balance of $1356. Make a payment of $600 on June 7. This leaves a balance of $756. Make a payment of $262

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