@Anonymous wrote:
Umm...no. You really need a low mileage vehicle for that.
That is what I was afraid of. My payments on my truck are relatively low and I am not upside down or I would trade it in. I love my truck, too.
Thanks, I appreciate the words of encouragement.
Some notes for posterity.
Called and closed Discover today. Explanation posted here: http://ficoforums.myfico.com/t5/Credit-Cards/Closing-my-secured-discover-card-will-it-really-hurt-my...
Newegg CLI $800 to $4000
Discount Tire $500 to $4000
I logged in today to see if it had been cencelled (Discover). Its still open and get this, I got a CLI from $200 to $600. lol. I tried for an additional one and it declined. Not surprised as they were supposed to close it. It also says there is a fraud hold on the account. I already cut them all up though. I sent them a message to make sure it was closed. No reply yet.
Oh it's been unsecured for a few months. I got a response from them. It is indeed closed. The credit limit increase was done posthumously. Lol!!!
Wow, not only a postmortem CLI, but a real life 3X CLI! Maybe that'll open the doors for prequalified offers with 0% and Cash Back Match to come your way?
Great job continuing with your journey and congrats on those other CLIs; that must be getting you closer to 20% now right?
lol. I never realized it was 3x. I also just realized it was done at exactly 90 days from unsecuring. Good data point to note.