cancel
Showing results for 
Search instead for 
Did you mean: 

Finally!!

Valued Member

Finally!!

I always read the thread with people saying thanks to this community for helping on their road to credit recovery, but never really thought about how good it felt until I could finally do the same.  Today I got my Chase Freedom, Discover IT and Bank of America Signature Visa cards in the mail, and was able to close the horrid First Premier card and the toy limit Best Buy Mastercard.  That is $138 in annual fees that I won't be paying any more, feels great.

 

I don't post a ton, but thanks for all the stories, I have learned so much by being a member of this community.  This site has taught me patience, and helped me lay out a road map to get my credit profile together.

 

My next step is to close my $3k Capital One secured card, and I will be able to do that as soon as the balance transfer clears.  After I close that account, my last annual fee card will be closed, and when I get the money I put into the card back I can pay the entire balance transfer off immediately with almost $2k left to pay down other credit and really put myself in a good place.   Thanks again everyone!

20 REPLIES
Frequent Contributor

Re: Finally!!


jrcred wrote:

I always read the thread with people saying thanks to this community for helping on their road to credit recovery, but never really thought about how good it felt until I could finally do the same.  Today I got my Chase Freedom, Discover IT and Bank of America Signature Visa cards in the mail, and was able to close the horrid First Premier card and the toy limit Best Buy Mastercard.  That is $138 in annual fees that I won't be paying any more, feels great.

 

I don't post a ton, but thanks for all the stories, I have learned so much by being a member of this community.  This site has taught me patience, and helped me lay out a road map to get my credit profile together.

 

My next step is to close my $3k Capital One secured card, and I will be able to do that as soon as the balance transfer clears.  After I close that account, my last annual fee card will be closed, and when I get the money I put into the card back I can pay the entire balance transfer off immediately with almost $2k left to pay down other credit and really put myself in a good place.   Thanks again everyone!


Must be a great feeling.  Congrats.




EX 706. TU 705 EQ 682. Avg 698
Senior Contributor

Re: Finally!!

CONGRATS!!! I agree that this site is very helpful and full of great advice! Smiley Happy

Last App: 10/2/17
Gardening Until Further Notice
15 Credit Cards (10 Major Banks & 5 Store Cards)
No AF's/Overall Utilization Hovers around 4%
Senior Contributor

Re: Finally!!

Congrats ...it is always nice to hear success stories Smiley Happy

Move the mouse over the cards for detailed view!
....Last HP 01 NOV 2016...............
Mega Contributor

Re: Finally!!

Congrats! Thanks for sharing your journey.

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $13.5k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $6.1k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $4.85k / Citi DC (WMC) $7.1k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17
Senior Contributor

Re: Finally!!

congrats!!!


Frequent Contributor

Re: Finally!!

Congratulations!  Must be a GREAT feeling to be able to finally close those high fee CC's!  And you have some nice new cards to build upon.  Well done!!!

FICO Score 8: EQ 815 EX 809 TU 814 **** FICO Bankcard 8: EQ 837 EX 826 TU 841 **** VantageScore 3.0: EQ 824 EX 823 TU 822
TOTAL CL (6 cards): $127.7K **** INQUIRIES 2 yrs (1 yr): EQ 0(0) EX 0(0) TU 0(0) **** UTILIZ: 1 % **** GOAL: FICO Score 8: 800+
r>>
Amex BCE 30K || NASA FCU Rewards Visa 30K || Chase Sapphire Visa Signature 21.5K || PayPal Extras MC 20K
CITI Diamond Preferred MC 16.2K || Discover it 10K **** CLOSED 7 cards **** GARDENING since 9-26-2014
Valued Contributor

Re: Finally!!

You should feel wonderful about what you have accomplished.  You are on the right path for continued success.

AMEX (BCP - $25K, Platinum - NPSL, SCP Bus - $17.5K, SPG - $20K)|BOA (BBR - $15K, CR - $15K)|Barclays (Arrival+ - $17.5K, Ring - $15K)|Blispay - $10K|CAP1 (QS - $30K, Venture - $30K)|Chase (AARP - $15K, freedom - $5.5K, CSP - $25K, MRP Bus - $15K, Slate - $13.5K)|Citibank (DC - $28.2K, HD - $25K)|Discover it - $32.5K|Fidelity IR - $16K|Huntington Voice - $17K|LMCU - $10K|NFCU (cashRewards - $30K, GoRewards - $30K, CLOC - $15K)|PFCU (CR - $30K, Defender - $20K, LOC - $10K)|Synchrony Lowe's - $25K|US Bank Cash + ($12.5K, $21K)|USAA (Cash Rewards - $16K, Rewards - $23.4K, WPAOG - $10.5K)
Established Contributor

Re: Finally!!

Awesome! Congrats! Thanks for sharing
Last app: 2/21/2016
Amex PRG (NPSL)| Amex Hilton Surpass ($17.6K)| Barclays Arrival WEM ($13K)| Barclays SM ($11K)| Capital One QS ($15K)
CareCredit (15.6K)| Chase CSP ($12K)| Chase Hyatt ($5K)| Chase FU VS ($7K)| Chase Ritz ($16.7K)| Citi DC ($2.4K)
Discover It ($4K)| Lowe's ($17K)| MSUFCU ($5K)| Nasa FCU ($20K)| Navy Cash Rewards ($20K)| Navy CLOC ($15K)
PenFed Thrifty ($500)| USAA Rate Advantage ($7K)
Moderator

Re: Finally!!

Grats to your success Smiley Happy

"If there's a lack of money in your life, understand that feeling worried, envious, jealous, disappointed, discouraged, doubtful or fearful about money can never bring more money to you, because those feelings come from a lack of gratitude for the money you have."

"Reactions are powerful creators because they contain every element needed to manifest—they're a combination of thought, belief, and feeling in action. Positive reactions create more positive things, and negative reactions create more negative things. If you can respond to negative situations calmly and lightly, instead of with emotional turbulence, what happens next in your life will be so much better."

- Rhonda Byrne