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Okay, so we're going up on, we started at 110,000, and we're at like 55 now, 55, 56.

We started with about 12 debts, and now we're down to about 5. We're working right now on a line of credit. When that one's gone, it's with the bank and it has a much lower interest rates than some of our other debts.

So what we're thinking is instead of just paying the minimum payment on the debt, just taking the line of credit and wiping one out so that we're paying a lower payment to have more margin.

Now, I mean, I know that that's transferring debt, but it also is increasing our margin,

and it's not opening a new line of credit.

My husband and I have had some debate on this, including if we were to do that,

should we do the car first because it has a bigger payment or anything like that?

And I looked on the Ramsey information, and I didn't find anything specifically with open lines

of credit.

Let me jump in.

Let me jump in to make sure I understand you before you go further because I don't want to lose

where you're at.

So you're saying you've got five debts left and one of them is a line of credit that's open.

And are you wanting to transfer the other four onto that line of credit?

Is that what you're saying?

That line of credit is $10,000.

We have $2,900 left on it.

All of our other debts are around $12,000 or $13,000.

So what we're hoping to do is kind of use it as a vehicle to get the payment much lower to be able to smack the amount faster.

So transferring your current debt by basically putting it into the line of credit like she's asking.

And we know it's still debt, but what we're hoping is that we can get more margin and more traction with it.

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