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Valued Member
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
Posts: 54
Registered: ‎10-31-2009
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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
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
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
Posts: 17,081
Registered: ‎07-14-2009
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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
Posts: 5,759
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
Posts: 540
Registered: ‎06-07-2008
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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
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
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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