Wow, dont know what to say....
congrats
Way to go on your closing spree!!!
Gardening Until Further Notice
I am in the process of preparing to do something similiar. I will be cleaning up my unwanted TL over the next year.
Trading prime pre-apporvals for ungraduated secured cards (US Bank and WF), First premier, Secured Capital One, 6 commenity accounts.
The secured cards will never graduate anytime soon (Had both for just over 2 years)....so why keep the money tied up with US Bank and WF.
Capital one secured was just to get my foot in the door with Capital One. Picked up the journey TL at the same time.
First Premier, Overstock, Buckle, Express, New York and Co, Victoria Secret and Abercrombie were acquired for utilization purposes. (small toy limits do help when overall credit is less than 10K).
Will keep (2) quicksilver and Merrick as these are AU accounts with 4 year histories. Also keeping Barclay NFL rewards and Cap One Journey.
As prime TL develop I will close the unwanted cards. Currently 8 unwanted accounts have recently had a balance carry at statement date of less than $50.....Now they are all eith PIF or have a balance around $2.
Before primes become avaialble....scores need to come up and time needs to heal AAofA and allow toy limits to mature.
Really do not see anything else that will help. Getting the debt owed down to less than 15% will take at least 6 months.
