Where should I go from here?

[Anonymous]

---

@Anonymous wrote:

You could take a look at a credit union BT card or one like the Bank of America Americard.  Are you eligible to join Navy Federal Credit Union?

---

Thanks.  I'll take a look at this.

Unfortunately I'm not eligible or the NFCU account :-/ but maybe the bankamericard might work -- after a quick google search it seems to be a low bar of entry.

[Anonymous]

Don't use QS1 to recoup, it's a losing proposition, every time you use it in place of Discover, you're losing .5%. Just put a small charge monthly (a cup of coffee and a few donuts) to keep it alive until you can get out of it via PC or combination.

[Anonymous]

I have 1 card and I'm an authorised user on one of hubbys cards and I have a small instalment loan. That's it, that's all. My scores (in siggy) are all above 700 due to low utilization and no baddies.

I only post this cause it's important to know that you don't need 10+ cards and 3+ loans to have great scores. Also worth mentioning that scores are only part of the picture. If someone saw my 790 EX, they might mistakingly think I could get any credit product I wanted. They would be wrong. 😂 my oldest account is only 7 months old and I have no income. Income, scores, negative marks, number of new accounts, etc... paints the picture of what potential creditors are looking at.

You've been given some great advice here already. Shift your spend to Discover, pay down your balances, head to the garden. Your in better shape than you realize. 🙂

[beutiful5678]

Are you getting charged interest on the Cap1 Plat? If so, what is the interest rate? And what is the interest rate on your student loan? Assuming your Cap1 Plat interest rate is 20-30% and your student loan rate is meaningfully less than that (they usually are), the extra $40 that you're throwing at your student loan would save you more on interest if you put that money towards your Cap1 Plat.

[Anonymous]

---

@beutiful5678 wrote:

Are you getting charged interest on the Cap1 Plat? If so, what is the interest rate? And what is the interest rate on your student loan? Assuming your Cap1 Plat interest rate is 20-30% and your student loan rate is meaningfully less than that (they usually are), the extra $40 that you're throwing at your student loan would save you more on interest if you put that money towards your Cap1 Plat.

---

Yea, crazy interest as you can imagine.  This is a good idea, I think I'll do this then.  Thank you.