01-26-2013 09:15 AM
I've been getting a lot of pre-approved offers for Chase Southwest ($99 AF, no thank you) and AMEX Green (rewards are nothing special plus $95 AF after the first year, so I will pass.) It's nice to get offers though. It shows you that you are making progress.
01-27-2013 09:13 AM
Besides the subprime garbage the only pre approval ive gotten was my bank of america card which i was instantly approved for
01-27-2013 02:24 PM
I haven't apped for anything since 08 August.
Util is creeping downward, nothing special. FICO is creeping upward, no leaps or bounds.
Got a pre approval for First Premier last week...puke...still, it IS a pre approval.
Got a pre approval today for Spring leaf financial...not going to bite, but it's another pre approval...
Glad to readt that you are still hammering on the debt! Great job...
01-28-2013 10:42 PM
Thanks for the encouragement, Ray.
Currently, we're stuggling to adjust to living on smaller incomes AND trying to reduce our debt at the same time.
Gonna be a loooong year....
01-29-2013 07:50 AM
01-29-2013 10:19 AM
Hang in there man! You're in the middle of a long, hard journey, but you're still making progress toward your goal. I know there are a lot of people on here who are following your story (myself included), and we all want to see a happy ending.
Sorry to hear about the income taking a hit. But, it sounds like you've figured out how to keep your finances organized; you may not be able to pay off 1 CC a month, but you can keep making progress. Good luck!
I kept this saying in mind while I was going through my rebuild, and it was very helpful for me:
"I may not be there yet, but I am closer than I was yesterday."
01-29-2013 12:22 PM
Thank you Lion and tinu for the positive feedback.
It's kind of difficult to explain, but while I'm not able to take huge bites each month right now, most months our budget allows me to use one particular card as a gas card... on those months, we can take small bites at least.
I get frustrated some months (October of 12, January of 13) when our budget simply won't allow the bigger payment required...so I end up buying one tank of gas on card x, one tank on card y, one tank on card z etc etc...which has proven to be a really efficient way of keeping various bank cards maxed out.
In February and March (of 2013) I should be able to keep my gas card funded, and the (slightly higher than) minimum payments made across our many, many credit cards can take a bunch of small bites off of the balances...
01-29-2013 12:24 PM
Oh yeah, I got another pre approval in the mail yesterday...something called mobileloans which looks a lot like those 800% Indian reservation loans...straight to the trash can...
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.