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Net - Net

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Red1Blue
Super Contributor

Net - Net

I guess Net - Net, this is what I did.
 
Closed 2 Accounts - CreditOne / HSBC Visa - Added 2 Accounts - Citi Visa / Citi MC.
 
Reduced the CL on FNBO from $7k to $1K - Loss of $6K CL
CL Loss of $6000 + 700 = $6700
 
Added
New  CL  Macys $400
New CL  HSBC MC - $400
New Citi Visa $12,000
New Citi MC $5,000
 
Increase in CL $200+ $400 + $12,000 + $5,000 = $17,600
 
Net Increase in CL = 10,900. I guess it is not a bad position to be in.
Message 1 of 4
3 REPLIES 3
Anonymous
Not applicable

Re: Net - Net

I believe you've chosen well. Upgraded your cards, increased your TL's, reduced your utils, AND got a lot of money back in the process.

I'd say you are in a GREAT position to be in. Smiley Wink
Message 2 of 4
Red1Blue
Super Contributor

Re: Net - Net



Sylviatob wrote:
I believe you've chosen well. Upgraded your cards, increased your TL's, reduced your utils, AND got a lot of money back in the process.

I'd say you are in a GREAT position to be in. Smiley Wink

Thanks Sylvia. I am still frustrated with some of the Paid Collections and Paid Lates on my CR. I have to get my act together and start writing some serious letters to get that negative informaton out. I have been procrastinating. I made it a note to get to those letters tonight.
Message 3 of 4
Anonymous
Not applicable

Re: Net - Net

I know what you mean about those 'round toits. They are staring me in the face. All GW letters for my lates.
Message 4 of 4
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