Bye Bye 27.99%

Image via WikipediaSo I finally zeroed out the Amazon Chase card that was charging me 27.99% interest because of a universal default clause that got triggered when I missed payments to other creditors. (The back story is here and here.)

I paid a lot of it off, but I also transferred some of the balance to other, less usurious credit cards (like those I have with credit unions). And I haven't made any purchases on those for months. Good girl.

And now my highest interest rate is 10 percent. I still have lots of debt at that rate, but I can actually pay it off now.

The couple of hundred a month I was paying to Chase will now go to the IRS and the State Department of Revenue for back taxes. Once that's paid off, I'll start chipping away at the other credit card debt. Whew...