I love your plan!! I will for sure adopt some of those saving strategies.
I definitely have learned the value of budgeting and saving the last rebuild and am finally 100% on board and making progress.
I have no lines of credit right now, so I am just paying down collections, COs, my auto payment (current), student loans (current), and my monthly bills. I thought about finding a CC but i think for the moment, for my situation I am going to pay back all the creditors and not get blacklisted and maybe get back in with one of them when I am ready.
Good luck to you! It sounds like you've got a solid gameplan.
called the hospital RE medical collections and of course got the run around.
Also had my car's 4 wheel drive go out (its a record winter here in tahoe)
so had to pull from savings and ask for an advance at work to fix it
two steps forward and like ten steps back it seems....
getting there and keeping my head up...
Got a TU EE on a First premier co from 2012. TOOK ONE DAY! GO TU!
filed the dispute with EQ today
EX wont let me because i had disputed information on that account previously... so waiting until august on that report....
small wins though.
Plan of action - Get the items reporting over 100% of util down!
These are all charged off
Cap 1 $2407
Applied bank $818
Cap 1 $707
Cap 1 $618
Tackling Discover first!! Calling them on Monday to see if they will set up a payment plan similar to the one cap 1 has established with me.
Applied Bank 119
*just a vent*
I keep getting pre-approvals for First Premier. I have had them in the past and KNOW how predatory they are, I have been diligent about NOT applying even though I have 0 revolving credit. I do not think I am in a position to manage that card well yet, which is hard to be honest about.
But days like today, when I am almost out of gas and had to pull from my cash savings stash to fix an issue with the car, I think about how nice a CC would be...
Any thoughts or suggestions?
I am about to be in a better place financially soon, maybe even as soon as the next paycheck (17th of April) There are three paychecks in May, although my rent is going up by 400 dollars. I have picked up quite a few side gigs in addition to my full time job. I have reeled in my spending a huge amount so I am making baby steps but sometimes it stings and feels like you're in the same position you've been in the whole time.
Thanks for listening guys, nice to get it all off my chest. I talk to my partner about it but I can tell he doesn't quite get it I make 3x as much as him but my expenses are 10x what his are... so he's just like please do not complain about making 2400/ month when he makes like 900. Which I totally get...
@imthedevil thanks, I appreciate that a lot.
It is this rollercoaster of "need to pay down" and "need revolving lines" and "need to save".
Thanks for the response.
I must applaud the mere fact you recognize you are not ready yet to responsibly manage a credit card. The times get tough sometimes but it appears you are working your way through those best you can. Couldn't agree more with you and the other posters that First Premier is the worst CC lender there is (in my opinion). They might as well be considered a payday lender the way I see it