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Paid In Full - Student Loan #1

December 18th, 2020 at 08:20 pm

As promised, I am reporting that today I scheduled my final payment on student loan number 1. It feels so good to know that I am finally making some traction. 

 

I’ll admit, I don’t think I would have had it not been for the COVID-19 and a freeze on interest. If this continues through 2021, I can pay off my second loan in six months and start tackling the third one. 

 

That’s it for now. I created a Slack channel

https://join.slack.com/t/savingadvice/shared_invite/zt-jk3mscxf-xeM0Rk9Za_8o~dFT_Jw7bQ ) for those who’d like to follow me. 

 

8 Responses to “Paid In Full - Student Loan #1”

  1. rob62521 Says:
    1608323700

    Way to go, Amber!

  2. terri77 Says:
    1608335351

    Glad you’re back! Congrats!

  3. Lots of ideas Says:
    1608343402

    Congratulations!

    Every time I hear about the possibility of student loan forgiveness I think of you and hope that it comes to pass!

  4. Wink Says:
    1608345313

    Congrats! Good to hear from you with such great news!

  5. LuckyRobin Says:
    1608348078

    That's great news. Are you going after the $13,873.23 on the first one next or continuing with the $19,904.63 on the second one. I wish you'd come back. They seem to have all the kinks worked out now but the time stamp. The platform is so much better.

  6. mumof2 Says:
    1608362768

    awesome job

  7. Amber Says:
    1608378850

    Thanks everyone!

    @LotsOfIdeas, thank you so much. My plan is to pay off the loan, if the forgiveness, of any amount, I would most definitely be thankful, if not I won’t be upset. Just not having the interest accrue was a huge help. I honestly don’t think I would have been able to knock this sucker out this year, had the interest continued fo accrue.

    @LuckyRobin, I’m glad to hear things are working out. I’ll definitely try again; however, I’m keeping the Slack to be on the safe side. Thank you for the update

  8. Rachael Resk Says:
    1608675618

    HI there. Just took a quick read but I am wondering if your net worth is correct. We can count the equity in the house too. So House value + assets MINUS your mortgage and various misc debts or loans. I am guessing are maybe be in a better situation than you think if you are not counting house equity

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