This week, my last car payment will go to the lien holder.
After this week, I will officially own my car.
After this week, I will have NO MORE debt repayment payments to make anymore.
I called the lien holder to let them know I was paying off the car this month (because of the foolishness that my bank tried to pull when I paid off my card, but then they were still trying to get $5 outta me for finance charges).
The payment has to go to a different address and be labeled PAYOFF DEPARTMENT. I had set up automatic recurring payments with my bank for the car note back in 2004, so I called the bank, rather than fuss with it online. I don't want any mishaps.
The bank will still sent the money via electronic transfer, but I just wanted every i dotted and every t crossed.
And that, ladies and gentlemen, will be the last of my debt!
Now, in the interest of full disclosure, technically, I won't be completely debt free. I still have a school loan that is about $3,600 right now, but, as I've mentioned in previous posts, a close friend of my family has insisted on paying that off as he did for my brother's school loans.
So, I will still have that debt, but I won't be making any payments (unless, God forbid, he changes his mind!).
I am so excited!
DH
June 09, 2008
CONGRATULATIONS!!
This is a great month for all us bloggers :) I'm clearing my debt too!
Posted by: Fabulously Broke | June 09, 2008 at 06:46 PM
And I expect to cleare my debt by the end of the month too - how exciting.
I've really been enjoying your blog lately and intend to add it to my blogroll.
Keep blogging!
Posted by: debtfretter | June 10, 2008 at 04:06 AM
CONGRATULATIONS!!! That's wonderful!
Posted by: Sistah Ant | June 10, 2008 at 02:14 PM
Congrats! I remember when that happened for me.
Posted by: susan | June 11, 2008 at 07:34 PM
Congratulations. I hope I will be able to say the same soon!
Posted by: Jen | June 13, 2008 at 03:06 PM