Last year I started rebuilding in April and at the end of December I had a total of 8 revolvers and NO interest paid!
Most of my new accounts came with 0% interest for 12 months or more. The others, I PIF.
CONGRATULATIONS on your Success!
In contrast, 2018 was the first year (since the mid-80s) that I paid interest, due to Consumers Credit Union completely messing up. Well, they messed up in the sense that I assumed I had set up autopay when in fact I hadn't. So they didn't automatically take the payment I hadn't set up and so I was late. But since I can't blame myself.....
I’m grinning from ear-to-ear. I’ve reviewed all my CC stmts and this is the first year ever I’ve spent only $21.73 on interest on all my CCs combined. I’m tickled pink. And 2019, it will be a big fat $0!
How did you do?
2018 Interest: $0
2018 Fees: $70 (BT fees)
I paid $3.97 in interest to Capital One in March and that was all I paid the whole year.