We have decided to just continue to pay the $500 we have been paying on the SUV loan and just pay it off in Feb 2013.
This still puts us paying the loan off in under 3 years.
Due to some rumours at DH's work (possible slow down/shut down over Christmas), we think it is best to hang onto the cash and just continue as normal. It would have been nice to start the year off with only 1 debt left, but that's ok....I think we have done pretty good so far.
If I end up getting a good Christmas bonus as I have in the past, we may consider putting that towards the loan. It wouldn't completely pay it off, but it would be close. Our office has gone through some changes this past summer, so we are not sure what to expect as far as a bonus. Hoping it will be the same as last year ($1200), but not going to put the cart before the horse.
New info on the SUV loan
November 4th, 2012 at 10:33 pm
November 4th, 2012 at 10:41 pm 1352068883
November 5th, 2012 at 02:22 am 1352082126
November 11th, 2012 at 09:31 pm 1352669500
Jerry