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Valued Member
thedaveytrain
Posts: 41
Registered: ‎01-23-2008
0

"PIF"ed off!!

I just PIF my ratejacked Chase card! My savings took a hit, but at least my UTIL will drop! $2,000 more cc debt gone!!
01/25/10 - TU 709, EQ 729, EX 705
New Contributor
cajunboy2208
Posts: 54
Registered: ‎10-31-2009
0

Re: "PIF"ed off!!

Way to go Dave!

 

I wish I could get a CC company to give me a 2k CL, lol.


Starting Score: 577 01/10/2010
Current Score: 660 07/06/2012
Goal Score: 720


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Valued Member
thedaveytrain
Posts: 41
Registered: ‎01-23-2008
0

Re: "PIF"ed off!!

Thanks! My CL is actually $3,500, I just had a $2,000 balance. I had my largest CL on another Chase card ($8,700) until they dropped it to $2,200 a few months back! They told me they did it to all former Provid/Wamu cards.
01/25/10 - TU 709, EQ 729, EX 705
New Contributor
cajunboy2208
Posts: 54
Registered: ‎10-31-2009
0

Re: "PIF"ed off!!

You must have a long credit history.

Mine is very short, longest is 2 years, average being one year.

 

None of my cards have over 400 CL =(

 

Working on it though.


Starting Score: 577 01/10/2010
Current Score: 660 07/06/2012
Goal Score: 720


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Moderator Emeritus
MarineVietVet
Posts: 14,084
Registered: ‎07-14-2009
0

Re: "PIF"ed off!!


thedaveytrain wrote:
I just PIF my ratejacked Chase card! My savings took a hit, but at least my UTIL will drop! $2,000 more cc debt gone!!

Good job. All you need to do now is use it every few months and always PIF and never pay interest again.

Super Contributor
DI
Posts: 5,767
Registered: ‎01-28-2008
0

Re: "PIF"ed off!!


thedaveytrain wrote:
I just PIF my ratejacked Chase card! My savings took a hit, but at least my UTIL will drop! $2,000 more cc debt gone!!

Congrats! You did the right thing.  No need to have a lot of money in savings when there's a CC balance with a high rate in your portfolio.    

Established Contributor
voidman
Posts: 532
Registered: ‎06-07-2008
0

Re: "PIF"ed off!!


cajunboy2208 wrote:

You must have a long credit history.

Mine is very short, longest is 2 years, average being one year.

 

None of my cards have over 400 CL =(

 

Working on it though.


That does not make sense?doyou have any baddies in the CBR?

-void
New Contributor
cajunboy2208
Posts: 54
Registered: ‎10-31-2009
0

Re: "PIF"ed off!!

I had 3 that were PTD...

They were medical.


Starting Score: 577 01/10/2010
Current Score: 660 07/06/2012
Goal Score: 720


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Valued Member
thedaveytrain
Posts: 41
Registered: ‎01-23-2008
0

Re: "PIF"ed off!!

Yup, I'm gonna put my cell phone or cable bill on it and PIF every month!
01/25/10 - TU 709, EQ 729, EX 705

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