So, the past three months have been very difficult financially. With only one income, my wife and I have felt the weight of our monthly bills and due to late payments, our credit is taking some damage. However, because of our apparent difficulty, two of our creditors have offered solutions to help us out.
Chase bank, who owns my credit card debt, has offered a plan, which reduced my interest rate significantly and sets up a schedule to have my balance paid off in 5 years. Now, we're talking a reduction from a 30% interest rate to 2%. Yeah. And our payments will drop almost $150 a month.
The other is EdFinancial, who own my student loans. They have turned me onto a Unemployment Deference, which will defer my loan payments for 1 year, and the federal government will pay my interest. All I have to do is register with the Unemployment Commission, and fax them a letter of intent. So guess who's registered with the Virginia Unemployment Commission, and guess what I'll be doing tomorrow.
So once all the paperwork is done, our monthly bills will drop almost $350. That is so huge. We're also going to look at other monthly expenditures, and see what else we can dump.
The Target job fell through, which is upsetting because big box retail should be a slam dunk for someone like me, and I'm just not sure what's going wrong. Someone suggested Wal-Mart, but I feel like that's a step towards a bad end. The idea makes me feel dirty.
I'm heading back to the Friday night gaming table for the first time since October. I'm going to be super far behind as far as the story and everything that's been going on with D&D as a game, but I'm excited to be gaming twice a week again. We're starting Shadowrun up again Monday, and I'm excited about that too.
Does anyone want to buy a old style PSP, a few games, and several accessories for a reasonable price?
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So glad that things are looking up for you guys! Have you heard about income based repayment and the new government plan for loan forgiveness? There is a website that you should check out, ibrinfo.org (I think). Because Dave's a teacher, he will stop repayment in 10 years (for most people, it stops at 25). It's pretty amazing though. My loans are being deferred because of the babies and my zero income status, and Dave's are deferred because he's still taking classes. It's a fantastic program though if you have a lot of government loans (not much help if you have a majority of "alternative" loans though).
Sorry the Target job fell through. I loved working there. You could try applying at another Target?
Would love to see you soon.
Carrie
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