Senior Contributor
Posts: 3,765
Registered: ‎01-10-2008
Re: not fer nuthin' but "paying more than the minimum" means next to nothing

laz98 wrote:
i agree, but in some cases, people need to experience it for themselves.  for instance, i didn't think it was a big deal that i didn't PIF, i just thought people were trying to be "holier than thou" on me.  i still can't afford to PIF, but now, i see the importance of getting my balances down ASAP, & not just revolving debt til the end of time.
Yep.  I learned the hard way (by paying avoidable fees for years) and am still working to be debt free, I wish I had known about the value of PIF years ago, the Forums helped me see the light in that regard too Smiley Happy


EQ (DCU, Citi, PenFed)
EX (Amex, Chase, PSECU)
TU (Barclays, Discover, Walmart)