conversation: User (ThatDadGamer): "I've stalked PF for awhile and am just now getting a handle on my expenses after a lengthy child custody and ID theft issues that were finally resolved about 1.5 years ago.\n\nI have my day to day expenses down, and am comfortable with my bills as they are. I'm even able to put a bit aside now for college funding for my kid and retirement. \n\nMy questions mainly revolve around collection payment or debt payment. \n\nI currently have about $3,000 available to use. Below are my Collections then my Debts.\n\n**Collections**\n\n* $478 - DOFD - 11/1/2013\n\n* $3266 - DOFD - 4/1/2014\n\n* $3471 - DOFD - 11/1/2014\n\n* $1145 - DOFD - 5/1/2014\n\n* $199 - DOFD - 7/4/2013\n\n~~* $600 - DOFD - 10/1/2013~~ realized this was the ID theft one and have started the paperwork to get it removed from CRs\n\n* $75 - DOFD - 3/1/2014\n\n* $6184 - DOFD - 11/1/2013\n\n\n**Debt**\n\n* Student Loan - $2178 - APR 5.375% - Will be paid off June 2019\n\n* Car - $5053 - APR 5.49% - Will be paid off August 2018\n\n* Personal Credit Line - $3883 - APR 12% - Will be paid off April 2019\n\n* Mortgage - $115000 - 3.25% - Will be paid off in a million years\n\nI've already cut cable tv, changed insurances (better rates! must shop around every year for these, loyal means nothing to them), we don't go out to eat, make lunches every day, etc. Like I said, I'm comfortable now finally. Just want some suggestions on what to do. Would it be best to knock the collections down, even though they won't disappear from my CR or work on nuking the Debt as it'll put more money in my pocket at this moment?\n\nRoast and toast me and guide me, thanks PF for all the great advice and support this sub gives."
  Self: "Why are you projecting out your personal credit line with the highest interest to be paid off in January of 2020?"
  User (ThatDadGamer): "You're right, I calculated that out wrong. The min payment on it changes depending on the balance. I've been paying $150/month on it and plan on continuing that. Which would put it paid off in April 2019 instead.\n\nNinja edit: Thank you for your pointer about that, I totally miscalculated it."
  