topic Re: just paid downCC in Credit Cards

just paid downCC

joanie74 — Wed, 20 Jun 2012 01:33:59 GMT

Hey All,

I am celebrating because I just paid down my Discover CC. Previously, I was at around 48% utilization now I'm at around 6%. I've been paying on it little by little and seeing my score increase little by little. Now that I put $2500 on it let's pray that my score will increase by leaps and bounds.

Re: just paid downCC

MsLadyRover — Wed, 20 Jun 2012 01:36:08 GMT

Nice! Congrats on your reduced utilization.

Re: just paid downCC

LS2982 — Wed, 20 Jun 2012 01:36:51 GMT

@joanie74 wrote:
Hey All,

I am celebrating because I just paid down my Discover CC. Previously, I was at around 48% utilization now I'm at around 6%. I've been paying on it little by little and seeing my score increase little by little. Now that I put $2500 on it let's pray that my score will increase by leaps and bounds.

CONGRATS!!!!

I just PIF mine and waiting for my statement to update, I'm itching to run it up again for that 5%!!!!

Re: just paid downCC

Repo-ed — Wed, 20 Jun 2012 02:05:08 GMT

They key now is, to not let it get back up.

Re: just paid downCC

Anonymous — Wed, 20 Jun 2012 03:29:27 GMT

Congrats! Don't let the balances creep back up on you.

Re: just paid downCC

RockinRay — Wed, 20 Jun 2012 12:14:29 GMT

@Repo-ed wrote:
They key now is, to not let it get back up.

+1 - that is your best bet. Use it, but PIF!

Re: just paid downCC

joanie74 — Wed, 20 Jun 2012 17:35:53 GMT

I'll let you all know how much the score increases. I should know in a couple of days.

Re: just paid downCC

joanie74 — Thu, 21 Jun 2012 01:24:59 GMT

Equifax went up 33 points, Transunion hasn't computed anything yet (emailed Discover to make sure they reported to all bureaus) and haven't checked Experian yet.

Re: just paid downCC

joanie74 — Tue, 26 Jun 2012 19:46:06 GMT

Wow!!! My Tansunion went up from 587 to 695....got a collection removed and some lates plus paying down the cc.

Re: just paid downCC

Iamien — Tue, 26 Jun 2012 19:54:30 GMT

I used to have total CL of 4500. Going from 40% to 7% made my EX jump 53 points(681 to 734). Utilization is definately key.

Re: just paid downCC

Anonymous — Tue, 26 Jun 2012 21:43:02 GMT

@LS2982 wrote:
@joanie74 wrote:
Hey All,

I am celebrating because I just paid down my Discover CC. Previously, I was at around 48% utilization now I'm at around 6%. I've been paying on it little by little and seeing my score increase little by little. Now that I put $2500 on it let's pray that my score will increase by leaps and bounds.

CONGRATS!!!!

I just PIF mine and waiting for my statement to update, I'm itching to run it up again for that 5%!!!!

Phsshhhh.... 6% is where all the action is at.

But seriously, nice job OP. If you don't mind me asking how are you checking you score?

Re: just paid downCC

hotpoint — Tue, 26 Jun 2012 22:08:48 GMT

Great job OP, and great advice from all the others ... It's nice to hear how to reach a goal and maintain the process of controlling debt. HotPoint All wounds heal except those that pick at ...

Re: just paid downCC

Anonymous — Tue, 26 Jun 2012 23:31:54 GMT

glad to hear congrats!

Re: just paid downCC

joanie74 — Thu, 28 Jun 2012 01:36:04 GMT

Awesome!