I was going to wait until Monday to post this, but I am so happy that I was finally able to cut up my first credit card that I wanted to post the letter I sent the company.

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My address

24 May, 2008

$EVILBANK

Re: VISA Account Number

Gentlemen:

Since repeated efforts to negotiate a lower interest rate or to remove the monthly fee charged in addition to the annual fee have failed, I am enclosing, per your instructions, my cut up credit card.

Please terminate the above account, effective immediately  I have already made the May payment of the $8 service charge, and expect that there will be no further charges of any sort to this account.

Sincerely,

Deborah J. Wunder

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The roommate was with me for the ceremonial cutting up of the card and reading of the first draft of the letter.  We are both hoping there will be many more of these as we both get our acts in order.

What constitues a milestone for you on your journey?  If not a formal milestone, what are the things that make you feel the ride is worthwhile?