Wednesday, May 6, 2009

Ding Dong the Debt is Dead (Sort of)...

When I mean debt, I mean 3/4 of the amount...

and when I say dead, I mean reincarnated at a more manageable interest rate.

That's right people, the consol loan came through (clouds parting, angels singing), but not for the full amount (boo!). I guess in these economic times, not to mention the ridiculous debt load we are carrying, it just wasn't feasible. However, about 3/4 of our debt just dropped it's interest rate by about 3/4 of it's original percentage. Small victory, but a stepping stone on the right path.

I feeling much better about this today.

No comments: