Rebuild 2.0 FKA I had been doing great

[ThetoriParadox]

I paid progressive directly and Caine and Weiner just updated it to paid... oh well.

[ThetoriParadox]

Thank you very much!

I am really happy I didn't pull the trigger... someone suggested a small amount on the Amazon store card to get a revolver on there that I can't screw up too badly. So I put 150 on it. An amount that I have in savings just in case. Really don't use Amazon for anything so it isnt very tempting.

[ThetoriParadox]

just an update.

amazon prime secured card reported. 

Got a 50pt boost from it!

now the only things i have open are

carmax - 13,733 

3 student loans with navient totalling 2500 ish

and this amazon card with a line of 150

all current! 

i do not use amazon for nearly anything and will try to just have my prime account to be charged to it monthly and pay off. excited to see such a big increase and mentally in a great place to move forward responsibly. 

[gdale6]

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@ThetoriParadox wrote:

just an update.

amazon prime secured card reported. 

Got a 50pt boost from it!

now the only things i have open are

carmax - 13,733 

3 student loans with navient totalling 2500 ish

and this amazon card with a line of 150

all current! 

i do not use amazon for nearly anything and will try to just have my prime account to be charged to it monthly and pay off. excited to see such a big increase and mentally in a great place to move forward responsibly. 

---

Good progress so far. You do need 3 open revolvers to drive Fico and typically there is a bump for each of them opening but its up to you.

[ThetoriParadox]

Yup! Working my way there.
I have cap 1 disc and Amex as a CO right now. So hoping to pay them back and try to get back in with them. None have gone to collections yet so there is hope. I think. Haha

[ThetoriParadox]

I finally made a spreadsheet listing all my debt, who owns it, monthly bills and income, and the plan of action I want to take with each one. Prioritizing which to pay down first and how much money I can actually give to CAs and OCs.

It is a really really hard thing to see that you have almost 40k in debt... so shocking.

I am sticking to my budget super strictly, droped all my unnecesary expenses. My only luxury expense (aside from my astounding car payment) is my climbing gym membership. 50 bucks a month and I am there almost every day. I need the outlet; definitely worth it.

Putting it all out on one paper made it so much more real than my stack of collection bills and letters from the IRS.

I highly suggest this to anyone trying to devise a plan. No more random sheets of paper (that i eventually lose) listing all the debts.

Feeling hopeful.

[GApeachy]

Agreed- hard to look at it but it's better than not.... I don't have anything to add but just want to pat you on the back and say, "Hang in there"!  You will get it done.

[Anonymous]

OP, is the secured Amazon card still live? I know they took a huge amount of flak for it and took it off the market, but did they allow existing cardholders to keep the cards open and usable?

[ThetoriParadox]

Yeah! I still have the amazon secured. Had no idea it wasn’t available anymore!

[Anonymous]

Great, glad you could keep it. Yeah apparently Amazon took a ton of heat for it, being accused of trying to boost profits on what people were calling a subprime market. Personally I thought it was a great idea, but they caved to public pressure.