Reply
Regular Contributor
Posts: 107
Registered: ‎03-07-2009
0

Paid off Cap One Balance!

Its def a small victory for me, but I got one of my 2 Cap One cards paid to a $0.00 balance! That puts me at a %33-34 utz on my 3 combined cc down from %86 last week! Hoping for a nice increase and attempting to pay off another Cap One this week. This board has been stupendous and supportive, not just to me or others who have let their credit get out of control, but to everyone showing an initiative to rebuild. I can't thank everyone who post solutions/advice enough including a couple members who have went above and beyond to explain certain "situations" to me!

Valued Contributor
Posts: 1,126
Registered: ‎10-15-2011
0

Re: Paid off Cap One Balance!

Congrats, stick with it and you will be happy you did!



Rethink every purchase you make, before you make it. Use the card with the best rewards. Pay in full each month. Redeem rewards often. Use the cards online shopping for more discounts. Smile, knowing that being thrifty allows you to actually get more out of the same amount of money!
Frequent Contributor
Posts: 348
Registered: ‎02-27-2013
0

Re: Paid off Cap One Balance!

I'm about to go down in utility same as well.
Cards: CSP $5k, Capital One Cash Rewards VS $3100, Discover it $3k Capital One MasterCard $600, Orchard Bank $3k, Barclays Rewards MC $1250 Gapcard $900, BR $300, Neiman Marcus $1k, Macys $1200 Walmart $500
In the garden until I can get a BCP

Starting Score: 534
Current Score: 682 EQ SW 660 TU 636 EX 3/26/13
Goal Score: 720


Take the myFICO Fitness Challenge
Contributor
Posts: 137
Registered: ‎03-03-2014
0

Re: Paid off Cap One Balance!

I paid off my Capital One balance today too and am officially credit card debt free. It feels great.

I have a lot of credit cards. Too many to fit in my signature. But I love them all.
TU 692, EQ 650 EX 660 as of 05/2014
Walmart FICO 683 | CreditKarma 652 | CreditSesame 671 | Capital One free credit score 652
Regular Contributor
Posts: 236
Registered: ‎05-06-2008
0

Re: Paid off Cap One Balance!

Congrats! that is the best feeling in the world

Starting: 6/2012 : EX: 485(FAKO) EQ: 490(FICO) Trans: 482(FAKO)
Current : 4/2014: EX: 650(FICO) EQ: 664 (FICO) Trans: 681 (FICO)

Cards: NPSL Amex Green (AU), $11500 Discover IT, $4000 Quicksilver One, $3500 Bank of America Travel Rewards,$3000 Amex BCE,$3000 Quicksilver One, $3000 AA, $2500 Sallie Mae MC, $5000 Citibank AA, $1500 Barclay, $1200 Macys
~Back to the Garden~

Goal Score: 700 Across!

Gardening til 8/2014!!
Frequent Contributor
Posts: 296
Registered: ‎12-16-2013
0

Re: Paid off Cap One Balance!

Congrats!


Starting Score: No credit history in July 2013, 663 in August (lender pulled)
Current Score: 711 (Discover FICO), 705 (DCU EQ)
Ultimate goal: Buy a house in 2016!
Gardening for now :-)
Community Leader
Valued Contributor
Posts: 13,539
Registered: ‎12-13-2013
0

Re: Paid off Cap One Balance!


CBARR82 wrote:

Its def a small victory for me, but I got one of my 2 Cap One cards paid to a $0.00 balance! That puts me at a %33-34 utz on my 3 combined cc down from %86 last week! Hoping for a nice increase and attempting to pay off another Cap One this week. This board has been stupendous and supportive, not just to me or others who have let their credit get out of control, but to everyone showing an initiative to rebuild. I can't thank everyone who post solutions/advice enough including a couple members who have went above and beyond to explain certain "situations" to me!


Good job, good luck :smileyhappy:

EX Cred Sesame 02/15: 766 (+1) ; EX Fico 04 V2 06/14: 775; EX Fico 08 BC 02/15: 797 (-42)
EQ Beacon 5.0 12/14 757
TU Fico 8 02/15: 754 (-51)
Valued Contributor
Posts: 3,679
Registered: ‎11-23-2013
0

Re: Paid off Cap One Balance!

Congratulations! Once you have them paid off, I'll bet you'll feel relief from stress you might not have even really been aware of having! Can't wait to hear how much your scores bump up, and hear of your successes getting CLIs due to doing this! You must feel terrific right now!

625 EQ FICO Current Score: 660 DCU EQ FICO/ 645 Scorewatch EQ FICO , EX FICO 664, TU FICO 737 (08/2014)
Goal Score: 700   Seedling again as of 07/29/14
Frequent Contributor
Posts: 325
Registered: ‎03-01-2014
0

Re: Paid off Cap One Balance!

Also, if you keep track of your credit score, it will fun to watch it make a step change straight up when those balances report. I paid off my discover card and my utilization dropped from 35% and my score went up 27 points. It's defeintely a rewarding feeling in more ways than one. Congrats!! 

March 2014: EX 693 I EQ 672 I TU 694
September 2014: EX 721 I EQ 741 I TU 742

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.