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People may scoff at this on the surface but I put $15 a week towards a $900 debt. This will come out to $750 by the end of the year wiping out the debt.

 

This is a perfect plan and a successful way to pay off a debt.  How else would you pay it off if you don't pay it off little by little.  I am glad that your debtor is allowing you to work with this type of payment plan, not many debtors will accept it.  At least paying a little every month shows a good faith intention of paying off the debt.

 

Not many debtors wouldn't allow you to pay under a hundred dollars a month for a debt. You are lucky. But what if you owed more? Would you be able to save $20 a week for the debt? I guess the best thing to do was to make sure that you didn't owe very much.

Your plan sounds like a good one.