Update time.
From here on out I will post only monthly updates. I have gotten a couple of BT cards and moved the funds around to get the high APR cards drained, or most of them. It cost me several HP's and I am not considered "seeking credit" with Experian . But, I did not have a choice. I will be making some more payments this weekend because the last sale I was counting on came through and I picked up an extra $500 from an unexpected sale. Unfortunately I picked up a couple hundred ($481.88 total) in BT fees and some residual charges that finally hit. But, now that they have all settled it should be a downward slope from here on out. Thankfully, even with picking up some extra fees, I still made the number go down, rather than up and that feels wonderful.
@MyLoFICO wrote:Update time.
From here on out I will post only monthly updates. I have gotten a couple of BT cards and moved the funds around to get the high APR cards drained, or most of them. It cost me several HP's and I am not considered "seeking credit" with Experian . But, I did not have a choice. I will be making some more payments this weekend because the last sale I was counting on came through and I picked up an extra $500 from an unexpected sale. Unfortunately I picked up a couple hundred ($481.88 total) in BT fees and some residual charges that finally hit. But, now that they have all settled it should be a downward slope from here on out. Thankfully, even with picking up some extra fees, I still made the number go down, rather than up and that feels wonderful.
+1
I love the 'warm and fuzzy' feeling of moving the needle in the right direction 
I transferred $2500 from Wal-Mart to Citi DC (0% on this until 7-2018)
I transferred $1500 from Chevron/Texaco to BCP (0% on this until 5-18)
I transferred $975 from Amazon Prime Store Card to my Chase Amazon Prime for a reduction of 5.3% in APR.
I will have my NFCU Cash Rewards soon with a $3100 limit and then I will transfer the rest of Wal-Mart to that card.
I will take the cards down in this order:
Chase Amazon Prime
Spark
QuickSilver
At this point I think I will have to reorganize. If I still have time I will continue on to the next card. I will be constantly looking for BT offers from cards I already have as my credit limits increase. Hopefully I can juggle these until I get them paid off.
@Anonymous wrote:
@MyLoFICO wrote:Update time.
From here on out I will post only monthly updates. I have gotten a couple of BT cards and moved the funds around to get the high APR cards drained, or most of them. It cost me several HP's and I am not considered "seeking credit" with Experian . But, I did not have a choice. I will be making some more payments this weekend because the last sale I was counting on came through and I picked up an extra $500 from an unexpected sale. Unfortunately I picked up a couple hundred ($481.88 total) in BT fees and some residual charges that finally hit. But, now that they have all settled it should be a downward slope from here on out. Thankfully, even with picking up some extra fees, I still made the number go down, rather than up and that feels wonderful.
+1
I love the 'warm and fuzzy' feeling of moving the needle in the right direction
Thanks. It was a huge relief. I could feel the stress leave my neck and shoulders. I won't lie, I was nervous sitting down to work this out tonight. I needed a good result and this was it. Its not much progress but it means I can pay this off in time. I am thinking 2 years, maybe 3. Of course, I am still looking to make extra money and of course this doesn't included bonuses, OT, side jobs, and tax refunds. It also doesn't include my business which I have started working again but this time on a smaller scale until I get my technique fine tuned.
Also worth noting is I wasn't given any repreave on payments while the BT's went through. My timing could not have been worse. But next month should be better.
Thanks for the updates! Have to say that's it been wonderful to see you get off that ledge, and again we're all rooting for you.
Thanks. I finally got my NFCU card today and made my final BT for this go around. Here is the new table showing the drop. The green lines are at 0% for atleast the next 12 months. It's not as much as I would like but its what I can do. This represents the last of the "over and above" my normal paychecks. The next 2 weeks will show if I will really be able to do this. Now I get to focus on looking for extra cash flow. I will feel much better once I am under 20k.
Signature and all its info is updated. Recording for posterity. BT's still moving around, new accounts not showing up yet and still have some outstanding payments. Pretty stable considering my recent app spree. 17 inquiries that were 12 months old dropped off Equifax. Not sure why but not going to question it.
TCL 100k / UTIL 27% = $27,100
Experian: 684 (33) | TransUnion: 701 (35) | Equifax: 700 (7)
Gardening as of: 5-9-2017
Updated 5-17-17
Good work!
Just a reminder to watch the cards you've recently paid to zero for trailing interest.
@HeavenOhio wrote:Good work!
Just a reminder to watch the cards you've recently paid to zero for trailing interest.
Thanks! I check them all everytime I pay bills just incase there is an unauthorized charges. But, one of them has a negative balance. It's only .13 cents and its on a card I will never use again. What do they usually do ith that .13 cents?