Monday, October 15, 2007

Financial Restructuring

My personal loan came through and I have made payments to my credit cards. One of them has posted already (YEY), but I'm still waiting on the others. My CC debt will now officially be $0, but I will be adding my personal loan. The amount of the loan was more than my CC's, and I've put the difference in savings until I have to make my first payment. I'm going to start off with the full total here of $2375 and track downwards from there. My goal is to have this loan paid of by March 2008, which was my original goal for the CC debt.

1 comment:

Esha Ahuja said...

Thanks for sharing the details. I have gone through CFMARC which is a company for Financial Restructuring who negotiates directly with creditors and vendors to create repayment plans that are acceptable to both parties. It also helps create a business plan that details the financial direction of the company and the steps needed to achieve success.