topic Re: It has been a rough year. But I stayed focused! in Credit Cards

It has been a rough year. But I stayed focused!

creditwatcher2012 — Mon, 09 Mar 2015 01:24:51 GMT

Those who are familiar with my "debt" situation. It has been a while since I wrote on this forumn. But here are my accomplishments

Credit Limit Balance

Chase Freedom	2nd of Every Month	PAID OFF	$4,000.00	$0.00
Chase BP Card	7th of Every Month	PAID OFF	$700.00	$0.00
Capital One Classic Formerly HSBC	15th of Every Month	PAID OFF	$1,700.00	$0.00
Capital One Quicksilver One	2nd of Every Month	PAID OFF	$2,000.00	$0.00
Capital One Quicksilver One	3rd of Every Month	PAID OFF	$2,000.00	$0.00
Target Red Credit Card	22nd of Every Month	Closed	$200.00	$0.00
Walmart Credit Card	26th of Every Month	PAID OFF	$4,000.00	$0.00
American Eagle Credit Card	14th of Every Month	PAID OFF	$5,000.00	$0.00
Fingerhut Credit Account	No Billing Date Set	PAID OFF	$600.00	$0.00
Lowes Consumer Credit Card	27th of Every Month	PAID OFF	$5,000.00	$0.00
Macys Credit Card	21st of Every Month	PAID OFF	$300.00	$0.00
Navy Federal Visa Signature Cash Rewards	17th of Each Month	Balance	$25,000.00	$14,999.99
Dillards American Express	5th of Every Month	PAID OFF	$5,000.00	$0.00
US Airways Divident Miles Mastercard	18th of Every Month	PAID OFF	$500.00	$0.00
Navy Federal FlagShip Rewards VISA Sigature	16th of Every Month	PAID OFF	$5,000.00	$0.00
Chase Slate	27th of Every Month	PAID OFF	$1,000.00	$0.00
Navy Federal NavCheck Overdraft LOC	27th of Every Month	Balance	$15,000.00	$14,650.27

Here is where I stand with Credit Card Debt... I owe 14,999.99 on my cash rewards with NFCU, and i owe 14,650.27 on my navcheck. Any suggestions... Should I try to consolidate it with NFCU into a personal loan, until I pay them off.

Thank you for all the tips, and thank you to all those who stood by me when I was asking for Pay down advice... So far my credit is clean, I was never late on anything, and have managed to pay down about 35,000 in credit card debt. with another 30,000 to go.

Re: It has been a rough year. But I stayed focused!

CreditCuriosity — Mon, 09 Mar 2015 01:28:10 GMT

Incredible accomplishment.. Get the other 30k paid off and be debt free! Awesome job so far!

Re: It has been a rough year. But I stayed focused!

L-TWT — Mon, 09 Mar 2015 01:29:22 GMT

How long did it take u to pay down your debt?
And do u think u need all those CC's?

Re: It has been a rough year. But I stayed focused!

Anonymous — Mon, 09 Mar 2015 01:29:44 GMT

Congrat! That is amazing!

Re: It has been a rough year. But I stayed focused!

creditwatcher2012 — Mon, 09 Mar 2015 01:30:18 GMT

thank you, I have been woorking hard. putting every last cent I made towards my CC's

Re: It has been a rough year. But I stayed focused!

creditwatcher2012 — Mon, 09 Mar 2015 01:31:02 GMT

a solid year, and I do not need that many credit cards... "lesson learned". I may try to consolidate some CC's like all of the CHASE accounts into 1 Chase account

Re: It has been a rough year. But I stayed focused!

TRC_WA — Mon, 09 Mar 2015 01:33:28 GMT

OP's profile proves what I've mentioned time and time again about NFCU and their lax underwriting...

Look at those limits compared to everything else. Just amazing how they toss limits out like candy.

BTW, grats on the paydown OP.

Re: It has been a rough year. But I stayed focused!

Anonymous — Mon, 09 Mar 2015 01:33:08 GMT

Nothing wrong with that.

Obviously NFCU wants their business.

Re: It has been a rough year. But I stayed focused!

CreditCuriosity — Mon, 09 Mar 2015 01:35:30 GMT

Not to derail this post, everyone wants in with NFCU as they know their underwritting is very easy and the credit lines are insane, but unfortunately most of us are not eligable. This has been beaten to death already. I am jealous of people that are in with NFCU, but be happy for them and move on and even they admit the UW and limits are a joke..

Once again great progress OP!

Re: It has been a rough year. But I stayed focused!

Booboo71 — Mon, 09 Mar 2015 01:35:21 GMT

WOW! Congratulations! How much of a credit boost have you seen from this endeavor?

Re: It has been a rough year. But I stayed focused!

TRC_WA — Mon, 09 Mar 2015 01:36:28 GMT

@Anonymous wrote:
Nothing wrong with that.

Obviously NFCU wants their business.

Is that what it is?

I've seen a few "not enough experience at this credit level" denials... i.e. a wallet full of $2k cards applying for a $25k card... but not from NFCU to their members obviously.

Just amazing is all... I should probably go join the Navy now so I can get some of this action.

Grats again OP...

Re: It has been a rough year. But I stayed focused!

creditwatcher2012 — Mon, 09 Mar 2015 01:36:58 GMT

Credit Score up 87 points, according to Barclays

Re: It has been a rough year. But I stayed focused!

TRC_WA — Mon, 09 Mar 2015 01:38:10 GMT

@CreditCuriousity wrote:
Not to derail this post, everyone wants in with NFCU as they know their underwritting is very easy and the credit lines are insane, but unfortunately most of us are not eligable. This has been beaten to death already. I am jealous of people that are in with NFCU, but be happy for them and move on and even they admit the UW and limits are a joke..

Once again great progress OP!

Yeah that's what I say LOL... didn't realize this horse has been beaten to death already.

I'll leave it at that.

Re: It has been a rough year. But I stayed focused!

Booboo71 — Mon, 09 Mar 2015 01:39:48 GMT

Thats so awesome! Good for you! and nice spike also on score!

Re: It has been a rough year. But I stayed focused!

creditwatcher2012 — Mon, 09 Mar 2015 01:41:56 GMT

thanks, i still have a long way to go thou

Re: It has been a rough year. But I stayed focused!

Anonymous — Mon, 09 Mar 2015 01:49:37 GMT

Congrats ! Yes its still a long road ahead but take pleasure in what youve accomplished so far. You did a great job and Im sure this time next year you will have even better news to report.