Hello David. It was August 13, 2007 that I stumbled on your article on Yahoo Finance about the DOPL method of paying off credit card debt. Before that, I began tracking our CC debt in August of 2005, when we owed $34k, by the time I started the DOPL method, we were up to $46k, with numerous cards and seemingly no way out, so I thought I\’d give the DOPL method a go. Today, May 5, 2010, we are down to 2 cards and about $17.5k remaining. One of those cards will be paid off in the next couple of months, and the other within the next 2 years, maybe sooner. Finally, I can see the light at the end of the tunnel. Not only that, we are actually living within our means have some savings now (no small feat these days). Thanks for the rational and systematic approach.
You have made a real difference in our lives.
Phil Lee
Soquel, CA.