04-25-2015 06:20 PM
12-23-2016 05:33 PM
Update on my progress so far. Two accts paid in full with a 3rd one to be cleared in January!
Creditor EST Start Actual Start Payment BALANCE RATE
|Bank of America - VISA (RPS)||$2,245||$2,298||1/6/2014||$43||Yes||$972||4.44%|
|Capital One (RPS)||$746||$736||1/6/2014||$151||Yes||$1||1.90%|
|Capital One (RPS)||$756||$760||1/6/2014||$15||Yes||$250||1.90%|
|Discover Card (RPS)||$6,001||$0||NP||$127||Yes||$2,436||6.99%|
|GAP / Synchrony (RPS)||$4,050||$4,122||1/8/2014||$76||Yes||$1,386||0.00%|
|Macy's - All Divisions / Citibank (RPS)||$1,407||$1,540||2/21/2014||$38||Yes||$485||8.00%|
|PayPal Buyer Credit / Synchrony (RPS)||$3,533||$3,782||3/12/2014||$65||Yes||$1,621||0.00%|
|Target VISA (RPS)||$3,626||$0||NP||$85||Yes||$650||0.00%|
|Wal-Mart Dual Card / Synchrony (RPS)||$3,858||$3,965||1/8/2014||$73||Yes||$1,337||0.00%|
According to our records, the following accounts are now paid in full and your monthly payment and maintenance fees have automatically been allocated to the remaining accounts in the program. This allows you to maintain your schedule to pay off your debt. Congratulations on your progress!Creditor NameLast 4 Acct#
|Citibank - Mastercard (2) (RPS)|
03-18-2017 06:22 PM
Did you apply for the new cards with Capital One while you were enrolled in the DMP? I just signed up with ACCC myself and sent in my first payment just a week ago. I have about 8 or 9 accounts enrolled and so far 4 proposals have been accepted.
03-18-2017 06:35 PM
If you have a Cap 1 card in the program they will not let you get any new cards from them directly until you finish paying off and the account is closed out. You can only receive affiliate cards (GM Cap 1, Playstation or sony cap 1 for example). Since you are newly enrolled I suggest you wait at least 6 months after full enrollment before you apply for any new cards. The first card I got outside the program was from Credit One with a $500 CL.
03-19-2017 02:43 PM - edited 03-19-2017 02:54 PM
I am going to state the obvious, dont get any cards if you dont need them. I needed a card for work purposes.
Hey riychu070! Thanks for sharing your story. Pardon my ignorance, but I thought you weren't allowed to apply for credit while enrolled in a DMP.
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