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ING interest

March 2nd, 2011 at 04:01 pm

I made 3 personal loans to a couple last year and I have been adding that interest to my $20 challenge. Well, last month he inherited a lot of money, so they paid me off. No more nice loan paying 4% interest.

So, I put that money into ING electric checking paying 1.25% interest. As is my luck, within days, the rate went down to 1.14%. However, it is still better than what I can get locally, even for a c.d.

I am still going to report the interest to my $20 challenge, however, it will be a lot less than it use to be.

Prev. total $3310.00
ING 61.00
new total $3371.00

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