Very Awesome! I am once again inspired to follow your fine example, I have some revolving doors that need disabled. I could easily do it in one year... I really should.
I have one question, I know you are a Dave Ramsey follower, and I listen to him on the radio every chance I get. Here's my question:
Why does he never recommend a free service like "CCC" or Consumer Credit Counseling? They do 2-3 things for those with CC debt. 1. They consolidate the payments down to one payment 2. They get creditors to drop off some of the interest, reducing the debt 3. They provide the counseling for future responsible financial behaviors. Yet I have never heard him promote anything like that, it makes it easier. ???
TIA Sadie, another GREAT Article! Killer Content 💪🤑👍
I think that it will be helpful to read reviews and experiences of others who have used CCC and similar outfits. They don't do the service for free, and the tasks they do are something that one can do themselves. I think that they take a certain percentage of your monthly payments as "fees", but I am not really sure about it. I guess is one does not want to deal with because they are at a point that they are inundated by their debts, it may be worthwhile to use a third party like CCC. You already know of course that as one pays down a credit card, their credit rating improves as well. Some say that the use of these consolidators resulted in a much worse credit rating for them. I guess it all depends on the circumstances and the amount of credit card debt exposure one has. The best thing is to call David and ask him, hahaha. As I said in this article, I am not a financial advisor... I am just a plain Jane who is revolving-debt free 😅 (and I did not use a third party to do it for me).
Have a wonderful week ahead, my friend @underground! Take care 🥰🌺🤙
What a wonderfully thoughtful and detailed answer! If I did it the DR way, hard and fast, it would be less than a year. Might just do that and save the extra effort. I know that CCC says they never charge a fee but I believe they have some learning materials they ask that you complete... The DR stuff would be superior, pretty sure 👍 I am thinking that the DR Experience is a great learning experience!
I do disagree with one thing you said, I can never see you as a Plain Jane ❣