cancel
Showing results for 
Search instead for 
Did you mean: 

How would you pay down this credit?

tag
KORN
New Contributor

Re: How would you pay down this credit?

Ok thank you guys!!  My plan was wrong but I'm glad I was able to come here and ask for help.

 

I will definetely be taking everyones advice and PAYOFF Chevron first then move on to Capone and Barclay.  I cannot wait to come back on and let you know that I did it!

 

I will also be removing the cards from my wallet so I don't use them (as mentioned).  I don't want this to happen again!

Barclay$1450/Cap1 QuickSilver1 $1300/BofA $1,000/ChaseAmazon $1,000/Amazon $2500/Old Navy $800/REDcard $800/Walmart $600/PayPal $1900/Game Stop $350-5/8/14 638..8/12/14 696..10/2/14 712
Message 11 of 18
Anonymous
Not applicable

Re: How would you pay down this credit?


@KORN wrote:

Ok thank you guys!!  My plan was wrong but I'm glad I was able to come here and ask for help.

 

I will definetely be taking everyones advice and PAYOFF Chevron first then move on to Capone and Barclay.  I cannot wait to come back on and let you know that I did it!

 

I will also be removing the cards from my wallet so I don't use them (as mentioned).  I don't want this to happen again!


Good plan.

Message 12 of 18
Callandra
Valued Contributor

Re: How would you pay down this credit?


@KORN wrote:

Ok thank you guys!!  My plan was wrong but I'm glad I was able to come here and ask for help.

 

I will definetely be taking everyones advice and PAYOFF Chevron first then move on to Capone and Barclay.  I cannot wait to come back on and let you know that I did it!

 

I will also be removing the cards from my wallet so I don't use them (as mentioned).  I don't want this to happen again!


Good luck! Cat Happy

 

(and don't forget to come back and brag once they're all paid off! Smiley Wink)

Quicksilver $10,000 | Better Balance Rewards $2000 | Sallie Mae $3500 | Freedom $3500

Last HP: 9/27/2015
Message 13 of 18
Anonymous
Not applicable

Re: How would you pay down this credit?

I agree with above posters, but also factored in is what your budget for paying them down is. 

Message 14 of 18
KORN
New Contributor

Re: How would you pay down this credit?

OK GUYS!!!  One month later and this is what i'm at!  I used some tax money to help me out Smiley Happy.

 

Amazon - $750 (0% until June 2015)

Barclay - $400 (typical high interest) Putting the next $400 in March (I know I should have paid it off but I I wanted to lower the other two as wellSmiley Indifferent)

BofA - $500 (0% until October 2015)

CapOne - $0 (typical high interest)

Chevron - $0 (typical high intersest)

PayPal - $0 (0% until May 2015)

 

 

 

Amazon - $900 (0% until June 2015)

Barclay - $853 (typical high interest)

BofA - $750 (0% until October 2015)

CapOne - $283 (typical high interest)

Chevron - $200 (typical high intersest)

PayPal - $140 (0% until May 2015)

 

 

Barclay$1450/Cap1 QuickSilver1 $1300/BofA $1,000/ChaseAmazon $1,000/Amazon $2500/Old Navy $800/REDcard $800/Walmart $600/PayPal $1900/Game Stop $350-5/8/14 638..8/12/14 696..10/2/14 712
Message 15 of 18
Bman70
Established Contributor

Re: How would you pay down this credit?

 

Great progress! You ought to see a jump in your score too, since you cut 3 cards to zero balance. Making debt payment a priority like that is how you earn the 800 club.. Expect to see you there soon. Smiley Happy


EX 822
TU 834
EQ 820


Message 16 of 18
Anonymous
Not applicable

Re: How would you pay down this credit?

Congrats on knocking some of them out!! 

Message 17 of 18
gdale6
Moderator Emeritus

Re: How would you pay down this credit?


@KORN wrote:

OK GUYS!!!  One month later and this is what i'm at!  I used some tax money to help me out Smiley Happy.

 

Amazon - $750 (0% until June 2015)

Barclay - $400 (typical high interest) Putting the next $400 in March (I know I should have paid it off but I I wanted to lower the other two as wellSmiley Indifferent)

BofA - $500 (0% until October 2015)

CapOne - $0 (typical high interest)

Chevron - $0 (typical high intersest)

PayPal - $0 (0% until May 2015)

 

 

 

Amazon - $900 (0% until June 2015)

Barclay - $853 (typical high interest)

BofA - $750 (0% until October 2015)

CapOne - $283 (typical high interest)

Chevron - $200 (typical high intersest)

PayPal - $140 (0% until May 2015)

 

 


Thumbs up, good progress Smiley Happy

Message 18 of 18
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.