Thank you to everyone who has responded to my posts! We took an important first step in rebuilding a good credit line by paying off about 1/3 of our revolving debt by selling some things. But, it was a BIG chunk in terms of interest rates (18% to 25% - all BofA) compared to the rest of our lines (all less than 10%). We still have a long way to go, and I still need to find work, but it feels good to take a big first step toward financial freedom.
Anyone have an idea of how long the paydown will take to show up on a report?
Message Edited by cuddles on 06-26-2009 09:09 AM
