Print the worksheet below and list all outstanding debt, including retail and charge card balances, credit union, car, student and personal loans (including any which you have stopped paying). Do not include mortgage or rent payments. After you finish listing your debt payments, then total your minimum payments and current balances. The minimum payments column will give you your total monthly payment to creditors. Then review your total debt and keep a record for your files. A sample entry is provided.
Creditor |
Account # |
APR |
Current Balance |
Minimum Payment |
Due Date |
Notes |
Lacy's Department Store |
144567899 |
21% |
$699.00 |
$25.00 |
15th/mon |
Charged late fees |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|