Credit Card Center Advertiser Disclosure

Reply
Regular Contributor
Posts: 204
Registered: ‎05-13-2017
0 Kudos

Re: Rebuild Take 2 and.... Action!


angel70 wrote:

Navy Line of Credit $2900 balance/$3k credit limit

Walmart $90/$200

Cold Water Creek $0/$750

Kohls $190/700

Pier 1 $237/$350

Victoria Secret $440/$1050

Buckle $419/$750

J.Crew $472/$700

Kingsize $966/$1600

Brylane $1132/$1800

Fingerhut $1841/$2000

 

 

 

 

 


I'm jusr curious, how do you spend $1800 at Fingerhut?

Valued Contributor
Posts: 2,427
Registered: ‎03-28-2017
0 Kudos

Re: Rebuild Take 2 and.... Action!

They sell big screen TVs up to $2400 I believe.

FICO8 3/17 550EX, 570TU, 559EQ
FICO8 10/17 710EX, 693TU, 717EQ -- almost 700 club!
Community Leader
Super Contributor
Posts: 11,690
Registered: ‎09-10-2014
0 Kudos

Re: Rebuild Take 2 and.... Action!


Treasurecredit wrote:

angel70 wrote:

Navy Line of Credit $2900 balance/$3k credit limit

Walmart $90/$200

Cold Water Creek $0/$750

Kohls $190/700

Pier 1 $237/$350

Victoria Secret $440/$1050

Buckle $419/$750

J.Crew $472/$700

Kingsize $966/$1600

Brylane $1132/$1800

Fingerhut $1841/$2000

 

 

 

 

 


I'm jusr curious, how do you spend $1800 at Fingerhut?


They have some pretty pricey stuff - computers, TVs and cameras.

Most Recent FICO 8 Scores EX571/TU508/EQ560 10/03/2017 Starting scores 553/485/543 08/25//2017
~~~Credit lines~~~~
SDFCU VISA Secured $250
Discover Secured $200
Community Leader
Super Contributor
Posts: 11,690
Registered: ‎09-10-2014
0 Kudos

Re: Rebuild Take 2 and.... Action!


angel70 wrote:
I have a budget. I've started. I recently obtained a second job to throw at debt. I think all these cards are at that high interest rate. Ugh. Thanks all for replying.

Use the snowball method to pay them down. Minimum payment on all but the smallest balance, and that one you put every extra dime you can on it, then when its paid, you roll everything to the next lowest balance and so on.

Most Recent FICO 8 Scores EX571/TU508/EQ560 10/03/2017 Starting scores 553/485/543 08/25//2017
~~~Credit lines~~~~
SDFCU VISA Secured $250
Discover Secured $200
Highlighted
Regular Contributor
Posts: 144
Registered: ‎07-22-2017
0 Kudos

Re: Rebuild Take 2 and.... Action!

Like everyone said,
You really need to try and not spend anymore.
FICO8
5/17 EX550 EQ560 TU 555
9/17 EX644 EQ702 TU729
New Member
Posts: 6
Registered: ‎06-23-2011
0 Kudos

Re: Rebuild Take 2 and.... Action!

@NormanFH, thanks I'll do that!

Angel70
New Member
Posts: 6
Registered: ‎06-23-2011
0 Kudos

Re: Rebuild Take 2 and.... Action!

@ABCD2199 Thanks!  Needed to hear that!  I started an emergency fund when I got my second job a couple of months ago.  I have about $900 in it and decided it's about time to now target my debt and stop all spending and cut as much cost as I can so I cut my cable and some small stuff.  I'm trying but I know I need accountability or I'll go right back to where I started.


ABCD2199 wrote:

angel70 wrote:
I have a budget. I've started. I recently obtained a second job to throw at debt. I think all these cards are at that high interest rate. Ugh. Thanks all for replying.

Don't be too "ugh" about it, we've all been there or we wouldn't be here.

 

You're probably paying about $200 a month in interest (I'm guessing) or about $2,400 a year.  Once you pay those balances to $0, that's $2,400 more per year you can spend on things you want (luxuries) or put towards an emergency fund!

 

 


 

Angel70
Valued Contributor
Posts: 2,427
Registered: ‎03-28-2017
0 Kudos

Re: Rebuild Take 2 and.... Action!

$900 is awesome!  Set a personal daily goal to transfer little amounts when you make the firm decision not to spend on something unnecessary.  If you're a Starbucks fiend, transfer $3 into savings every time you tell yourself no!

 

Little additions to savings have a HUGE effect.  I recently posted on Facebook that if you can just save $3 per day, every day, at 1.1% interest, in 10 years you'll have $12,000 in that account.

FICO8 3/17 550EX, 570TU, 559EQ
FICO8 10/17 710EX, 693TU, 717EQ -- almost 700 club!

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

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. 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.