Pay-off numbers

I did some more thinking about how long it might take to pay off a balance and I decided to run the numbers just to have some text to look at. I did a search for credit calculators and BankRate.com came up. They always have good information so I decided to use their calculator at http://www.bankrate.com/brm/calc/creditcardpay.asp to play with my numbers. and here's what I came up with.

For Cap-1:

CC bal:	CC int. rate:	Pymt amt/month:	Time to pay off cc:
$775.00	14.9	$25.00	39 months
$775.00	14.9	$50.00	18 months
$775.00	14.9	$75.00	12 months
$775.00	14.9	$135.00	6 months

For VACU:

CC bal:	CC int. rate:	Pymt amt/month:	Time to pay off cc:
$3,098.33	12.99	$85.00	47 months
$3,098.33	12.99	$105.00	36 months
$3,098.33	12.99	$150.00	24 months
$3,098.33	12.99	$170.00	21 months
$3,098.33	12.99	$190.00	18 months

After those two are paid off, there's American General ($5,500 I think) and Carnival (well over $12,000 I'm sure and of that, well over $3k is in late payment/over limit fees).

As far as I'm concerned, Carnival is the last on the list because I have the worst history with them. My limit was $8,500 and I was doing ok until they changed the rules. Just when I had gotten under the limit and was getting a handle on when payments were due, the rules changed, my interest sky-rocketed and I was suddenly over my limit. So, each month, they charge me a fee for being late with my payment and another fee for being over my limit. So, smurf'em - especially since they won't work with me. I tried.

As far as interest goes, Carnival is tied with AmGen I think. They are both crazy-butt high and don’t bear thinking about.

I pay AmGen at the beginning of each month and then I don't think about them until the beginning of the next month. I don't even look at the statement each month so I don't know what my balance is. I did put my account terms on my bill-payer so I know they are $215/mo at 26% for 48 months (these terms were as of 11/15/06). I think I'm going to take my next statement and go into the office and find out if I can get a lower interest.

I also have a balance with Bank of America to the tune of $4,500. I was able to make a deal with them for $100/mo and 5.5% for 48 months so they are not really a priority on the radar right now. Plus, they are auto-paid on the 1st and 16th of each month until November 2008. Makes my life easier because I don't even have to think about them.