my25reasons Tracker

Re: Garden Club Meeting - February 2013

my25reasons — Mon, 11 Feb 2013 15:07:58 GMT

Hi All,

I'm new to the garden. My new focus is to pay off the cc's in rotation and learn to live without depending on them. I'll be lurking in here for the time being. **waves**

Re: What really happens in UW?

my25reasons — Thu, 31 Jan 2013 18:51:39 GMT

I did make it through without conditions. I closed last April and my file sat in underwriting for TWO WEEKS. Apparantly my UW went on vacation and no one thought to tell me. I got the clear to close without hearing from them even once. Good luck!

Re: Wanting to be a new buyer....

my25reasons — Thu, 31 Jan 2013 18:21:30 GMT

Depending on the state you live in, you may be able to get all 3 credit reports (for free) here:

AnnualCreditReport.com is a centralized service for consumers to request free annual credit reports. It was created by the three nationwide consumer credit reporting companies - Equifax, Experian and TransUnion.

AnnualCreditReport.com provides consumers with the secure means to request and obtain a free credit report once every 12 months from each of the three nationwide consumer credit reporting companies in accordance with the Fair and Accurate Credit Transactions Act (FACT Act).

AnnualCreditReport.com offers consumers a fast and convenient way to request, view and print their credit reports in a secure Internet environment. We also provide options to request reports by telephone and by mail.

AnnualCreditReport.com is the only service authorized by Equifax, Experian and TransUnion for this purpose. The three nationwide consumer credit reporting companies have always encouraged consumers to regularly review their credit reports.

Please note that, as a security precaution,

Consumers should never provide their personal information to any other company or person for requesting free annual credit reports under the FACT Act.
AnnualCreditReport.com will not approach consumers via email, telemarketing or direct mail solicitations.

Re: Got the clear to close today!

my25reasons — Wed, 30 Jan 2013 18:49:10 GMT

Beautiful. Congrats!

Re: looking for a student loan

my25reasons — Tue, 18 Dec 2012 19:29:47 GMT

All of my student loans were funded through my credit union. Once I was finished with school, I consolidated all of my loans with the government (22k). I had no issues and everything went smoothly. My credit score was not super high at the time, but I had a good relationship with my CU.

Re: SmarterBucks

my25reasons — Wed, 05 Dec 2012 18:31:55 GMT

I did not sign up. I was curious about others' experiences. Does not look like it's worth the trouble.

Re: Cancel Power train warranty?

my25reasons — Fri, 19 Oct 2012 16:55:34 GMT

Thanks. I called the dealership and was able to initiate the cancellation through them. They said it could take up to 30 days to receive the refund. Once I do, I'm going to apply it to my loan balance. I would like to either refi or trade in - and do so SOON.

Re: Best BT card recommendations???

my25reasons — Thu, 18 Oct 2012 14:44:08 GMT

I have 6 or so credit cards and honestly, the only card I can rely on to give me BT offers is Discover. They consistently have offers available. Occasionally I'll receive a BT offer on my chase amazon, which is all I use that card for due to it having a higher int. rate than my other cards. I recently moved a chase no name card over to the chase freedom, so I'm not sure if they'll send any offers through there. My Chase ink never gets bt offers and I opened a cap one cash rewards account expecting a bt offer, but not on there either. I did app for the slate because of the no fee bt, so that seems like a good option as well, however there aren't many other useful perks to that card. Good luck!

Re: Discover "Switch Now"

my25reasons — Wed, 17 Oct 2012 12:31:19 GMT

I love discover. They always have awesome customer service when I call, they are reasonable with thier CLI's, and they offer great balance transfer promos. I have the discover more card, and I would love to switch to the motiva. I hope they offer it to me.

Re: Likelihood of getting approved for a 10K personal loan?

my25reasons — Thu, 11 Oct 2012 19:32:55 GMT

I would suggest going through a credit union for a personal loan. The fees are lower and the customer service is better.

They will look at your income, and credit worthiness. The interest rate (with a credit union) should be somewhere around 10%.

You can work with the rep to decide how quickly you want to pay back. The longer you choose, the more interest you will pay, but the lower your payments will be.

A lot of the CU websites have handy payment calculators.

good luck!

SmarterBucks

my25reasons — Thu, 11 Oct 2012 18:42:54 GMT

Has anyone signed up for this? http://www.smarterbucks.com/

I'm curious if it's worthwhile or not.

Here is the article that brought me to it:

http://www.usnews.com/education/best-colleges/paying-for-college/articles/2012/06/29/2-new-ways-to-pay-off-student-loans

Re: Citi Pre-Selected

my25reasons — Thu, 11 Oct 2012 17:33:46 GMT

I get a preapproved for the citi diamond preferred in the mail about once a week. I don't see how the rewards/benefits of having the card are that great. If you want credit just to have credit, apply and see what happens. IMO, I would shop around and apply for a card that caters to you and your needs.

Re: Cash out 403b to pay credit cards or not?

my25reasons — Wed, 10 Oct 2012 20:33:43 GMT

I don't see the harm in it. She is paying aggressively into a 401k and the 403b is a pretty small amount. The only downside I see is that she will probably only get back about 2/3 of it after calculating in the tax hit.

Having that cc debt hanging over your head is daunting. I can see where this would be an ideal situation to just be done with it. However, sometimes paying off debt is an easy way to charge up new debt. The old reminder is no longer there and it's easy to get carried away. I know I've done it.

If it were me, I would pay off the 10k and move the remaining amount owed to a no interest rate cc and pay as aggressively towards that as I could - save the cash out for when there are no other options.

Re: Capital One and PRIME Customers... Anyone asking for CLI on them??

my25reasons — Tue, 09 Oct 2012 20:23:19 GMT

I apped for the capital one cash rewards card today and was approved for a 5k limit. I was a little disappointed, since I was hoping to fall in the 5k+ category. Not sure if that puts me there or not. Have to wait until I get the card to see. Also the interest rate after the 0% 1st year is up at almost 22%, which is double the interest rate on any of my other credit lines. Not sure I'll keep them after the first year if they don't lower the rate for me.

Cancel Power train warranty?

my25reasons — Tue, 09 Oct 2012 18:05:40 GMT

Has anyone ever had to cancel their GM powertrain warranty? I need to cancel mine for a refund (1yr old) so that I can refi and then repurchase a new warranty. As it stands, the warranty puts me over the 100% value of the vehicle. Either that, or transfer the overage to a 0% credit card offer. Not sure which is more beneficial.

Re: How soon is too soon to refinance an auto-loan?

my25reasons — Thu, 04 Oct 2012 15:14:13 GMT

I tried to do the same with my vehicle loan and found that the tax, title, warranty and other fees put me over the loanable value for the vehicle. I have to wait to pay it down a little first. Good luck to you.

Re: Direct Loans transferred again to MOHELA?

my25reasons — Fri, 28 Sep 2012 14:19:10 GMT

It's just the way it is. It should be a fairly smooth transition, and hopefully, better customer service.

Re: Income?

my25reasons — Thu, 27 Sep 2012 18:33:50 GMT

I believe the standard is 2 yrs of employment history. You would need to prove that your income is stable enough to afford the cost of the mortgage. Having the same employer may help the cause if you can get them to verify in writing that your hours would be steady once they are at full time again. Others may be able to provide their own experiences, but that is my take on it.

Re: Direct Loans transferred again to MOHELA?

my25reasons — Wed, 26 Sep 2012 14:00:20 GMT

A lot of people were. I think this started back in January. Mine were just moved over the last week. You can find other posts/experiences if you search in the forum.

Re: Mortgage Not Showing On Credit Report

my25reasons — Fri, 21 Sep 2012 20:13:36 GMT

I was told that it happened pretty quickly, but I also closed on my house at the end of April and mine just started reporting last week.