Payoff for dad

While I'm paying my mom back for my trip to Florida that I went on I need to go back to paying my dad back for the loan for my vehicle that I bought 3 years ago....yeah I'm a little behind...but I need to get back to it.

He loaned me $7115.00 to put down on my vehicle. So far since then I've only paid him back $260.00 ... PATHETIC ... responsibility I have none apparently.

I have agreed to pay a minimum of $20 a week for the time being...not much but I'm still hoping to get it back on track of at least something and going from there...everyone is talking about the economy and it crashing and living beyond our means and I've begun to see just how far BEYOND my means I really got...it's amazing how much that rug collects when you keep shoving the stuff you don't want to see under it.

So to date I owe him $6855.00

10/03/08 $20.00 $6835.00 PAID
10/10/08 $20.00 $6815.00
10/17/08 $20.00 $6795.00
10/24/08 $20.00 $6775.00
10/31/08 $20.00 $6755.00

At this rate....I'll have paid him back in 6 1/2 years from now LOL .... really need to try and make double payments

Good News/Bad News

So I finally paid off my agreement with CollectCorp out of Arizona for my US Dept of Education Loan. After 6 months of on time payments they have cleared my name from my credit and have redone my debt with the department of education once again supposedly making me elegible to receive US Education loans again if I so choose...

Bad news....I still owe a lot of money.

Principal Balance: $10565.07
Interest: $242.36
Fees (for the previous collectoins): $2630.52
Debt Total: $13437.95

My monthly payments are $125.17 a month...my total bill is 13437.95...so that divided by my month payment and I'll be all done paying it off in oh.....107/108 month (9 years or so) Gotta love an education...

At least the Fees will be paid off in 1-3/4 years and the interest paid off about 2 months after...so in about two years of paying my monthly fee I'll actually start paying on my true loan...man I wish I got all this when I was 18....

Now if I can double up my payment each month I'll be done paying it between 4 or 5 years...

Anyone want to share with me the powerball numbers? I'll share with you...I promise!