Unfortunately for me, there weren’t any scenarios that made sense for my situation once I correctly entered my mortgage interest rate. I’m glad to hear that I’m making good decisions but I was somewhat disappointed that there wasn’t something else I could do. Oh well.
The fact is, I’m getting very close to being 100% debt free (excluding my mortgage) and the only debt I carry is a few old student loans that are currently sitting at a 2% interest rate. Why bother to pay them off at that rate? Besides, my debt to income ratio, as analyzed by Experian is just 14% including my mortgage.
I wish Credit Sesame had been around longer!
When I was aggressively working to shed the massive amount of debt I had gotten in to, Credit Sesame would have been ideal. Their free credit scores, their multiple scenarios, their ability to analyze debt/income and make real, viable solutions would have probably helped me get my finances in order much faster.
Give Credit Sesame a try. You’ll find, as I did, that there is NO CREDIT CARD REQUIRED to use their service. They don’t offer “free trials” where you have to cancel your account and you always seem to forget. You’ll be able to set goals, run your own scenarios, and use their “What-If Calculator” to see how things would turn out with your scenarios without actually having to take the plunge.