Debt Dumpers 2025

[bababear_50]

Thank you everyone for all your help.
I appreciate it.
I'll try to update when I can.
Mel

 

[disney-inspired]

While looking at the terms of my DVC loan, I realized how little I have paid to the principal. Not super surprising as I knew the DVC loan rates were high as it's a luxury item.
I decided to see if I could get a lower interest personal loan solely to save money on interest. Logix bank approved my request and I'll be shaving off 3% AND I'll have it paid off in half the time! I was so excited to see that, I had to come share with my debt dumper pals. Even better, the monthly payment is only $80 more than I'm paying now.
The new loan has 48-month term but I'm planning to throw additional $ at it to pay it off in 3 years, maybe even sooner if I throw my bonus at it this year.

I finished paying off one of my medical debts - so I'll be getting $100 back each month. The other medical debt will be PIF in December, which will then free up another $185. Getting nearly $300 back a month will be awesome.

I've pretty much decided what apartment complex I want to move to later this year in Texas. I emailed them with my slew of questions, and they responded pretty quickly.

I'm trying to decide if I should contribute to my companies 401k since they don't do a traditional match or continue putting into my Roth IRA. I know the whole point of a 401k is to reduce your taxable income but it's not like I'm making six figures or anything. I already have my W4 adjusted to get me as close as possible to zero $ tax return - the small amount I do get back is normally due to them overtaxing my bonus and then having student loan interest deductions.