Alright so i've been reading a bit of Dave Ramsey as of late and I actually setup a budget using his EveryDollar budget. This is the first time i've actually sat down and wrote out a monthly budget. Since i really don't use cash at all anymore, i signed up to track my expenses using my debit card which will automatically input into the budget as well, so no having to hold on to receipts. Pretty cool 
i'm really motivated right now and all the comments, support, critique from the community here just adds to the fire. Much appreciated!
I went ahead and asked for a CLI with Amex BCE since i've had the card now for over 90 days and it only has a 1,000 limit. I've read that you can get an CLI after 61 days, then 6 months after that. Supposed to be a 3x limit increase for the first increase? I asked for 3000.00 increase. The Citi Double Cash card i've yet to receive as i just got approved for it at 1700.00. That should really help the utilization score once that posts to the CBs. So the plan of action now is to Garden and work on getting utilizations low, somehow get the 2 medical collections paid and off my credit report. Let my new accounts age as well. I think i'm on the right path so any other input is welcome!
to be continued...
@SprintToFinish wrote:Alright so i've been reading a bit of Dave Ramsey as of late and I actually setup a budget using his EveryDollar budget. This is the first time i've actually sat down and wrote out a monthly budget. Since i really don't use cash at all anymore, i signed up to track my expenses using my debit card which will automatically input into the budget as well, so no having to hold on to receipts. Pretty cool
I went ahead and asked for a CLI with Amex BCE since i've had the card now for over 90 days and it only has a 1,000 limit. I've read that you can get an CLI after 61 days, then 6 months after that. Supposed to be a 3x limit increase for the first increase? I asked for 3000.00 increase. The Citi Double Cash card i've yet to receive as i just got approved for it at 1700.00. That should really help the utilization score once that posts to the CBs. So the plan of action now is to Garden and work on getting utilizations low, somehow get the 2 medical collections paid and off my credit report. Let my new accounts age as well. I think i'm on the right path so any other input is welcome!
to be continued...
Just curious, with AMEX, and your UTI right now did they give you the 3x increase? Thanks!
@Anonymous wrote:
@SprintToFinish wrote:Alright so i've been reading a bit of Dave Ramsey as of late and I actually setup a budget using his EveryDollar budget. This is the first time i've actually sat down and wrote out a monthly budget. Since i really don't use cash at all anymore, i signed up to track my expenses using my debit card which will automatically input into the budget as well, so no having to hold on to receipts. Pretty cool
I went ahead and asked for a CLI with Amex BCE since i've had the card now for over 90 days and it only has a 1,000 limit. I've read that you can get an CLI after 61 days, then 6 months after that. Supposed to be a 3x limit increase for the first increase? I asked for 3000.00 increase. The Citi Double Cash card i've yet to receive as i just got approved for it at 1700.00. That should really help the utilization score once that posts to the CBs. So the plan of action now is to Garden and work on getting utilizations low, somehow get the 2 medical collections paid and off my credit report. Let my new accounts age as well. I think i'm on the right path so any other input is welcome!
to be continued...
Just curious, with AMEX, and your UTI right now did they give you the 3x increase? Thanks!
UPDATE: No go on the CLI with AMEX... I should have lowered my UTI under 10% or PIF before i tried to get a CLI, I am at a 80% UTI with them right now.
@SprintToFinish wrote:
@Anonymous wrote:
@SprintToFinish wrote:Alright so i've been reading a bit of Dave Ramsey as of late and I actually setup a budget using his EveryDollar budget. This is the first time i've actually sat down and wrote out a monthly budget. Since i really don't use cash at all anymore, i signed up to track my expenses using my debit card which will automatically input into the budget as well, so no having to hold on to receipts. Pretty cool
I went ahead and asked for a CLI with Amex BCE since i've had the card now for over 90 days and it only has a 1,000 limit. I've read that you can get an CLI after 61 days, then 6 months after that. Supposed to be a 3x limit increase for the first increase? I asked for 3000.00 increase. The Citi Double Cash card i've yet to receive as i just got approved for it at 1700.00. That should really help the utilization score once that posts to the CBs. So the plan of action now is to Garden and work on getting utilizations low, somehow get the 2 medical collections paid and off my credit report. Let my new accounts age as well. I think i'm on the right path so any other input is welcome!
to be continued...
Just curious, with AMEX, and your UTI right now did they give you the 3x increase? Thanks!
UPDATE: No go on the CLI with AMEX... I should have lowered my UTI under 10% or PIF before i tried to get a CLI, I am at a 80% UTI with them right now.
Yikes! thats what I was afraid off when I saw your post.... you would have to wait 90 days again from denial to retry?
@SprintToFinish wrote:Alright so i've been reading a bit of Dave Ramsey as of late and I actually setup a budget using his EveryDollar budget. This is the first time i've actually sat down and wrote out a monthly budget. Since i really don't use cash at all anymore, i signed up to track my expenses using my debit card which will automatically input into the budget as well, so no having to hold on to receipts. Pretty cool
I went ahead and asked for a CLI with Amex BCE since i've had the card now for over 90 days and it only has a 1,000 limit. I've read that you can get an CLI after 61 days, then 6 months after that. Supposed to be a 3x limit increase for the first increase? I asked for 3000.00 increase. The Citi Double Cash card i've yet to receive as i just got approved for it at 1700.00. That should really help the utilization score once that posts to the CBs. So the plan of action now is to Garden and work on getting utilizations low, somehow get the 2 medical collections paid and off my credit report. Let my new accounts age as well. I think i'm on the right path so any other input is welcome!
to be continued...
Hey man, listening to Dave Ramsey and having all those credit cards is sacrilegious! J-k
But seriously, kudos to you for your rebuild take 2. I'm also on my 2nd attempt. How's that every dollar counts budgeting program working for you? I'm currently looking for a good budgeting/checkbook registrar to use.
Thanks! Best credit wishes to you!
@grillandwinemaster wrote:
@SprintToFinish wrote:Alright so i've been reading a bit of Dave Ramsey as of late and I actually setup a budget using his EveryDollar budget. This is the first time i've actually sat down and wrote out a monthly budget. Since i really don't use cash at all anymore, i signed up to track my expenses using my debit card which will automatically input into the budget as well, so no having to hold on to receipts. Pretty cool
I went ahead and asked for a CLI with Amex BCE since i've had the card now for over 90 days and it only has a 1,000 limit. I've read that you can get an CLI after 61 days, then 6 months after that. Supposed to be a 3x limit increase for the first increase? I asked for 3000.00 increase. The Citi Double Cash card i've yet to receive as i just got approved for it at 1700.00. That should really help the utilization score once that posts to the CBs. So the plan of action now is to Garden and work on getting utilizations low, somehow get the 2 medical collections paid and off my credit report. Let my new accounts age as well. I think i'm on the right path so any other input is welcome!
to be continued...
Hey man, listening to Dave Ramsey and having all those credit cards is sacrilegious! J-k
But seriously, kudos to you for your rebuild take 2. I'm also on my 2nd attempt. How's that every dollar counts budgeting program working for you? I'm currently looking for a good budgeting/checkbook registrar to use.
Thanks! Best credit wishes to you!
LOL i know right! Budget is actually working pretty good so far.. i'm pretty much done with month 1 of the EveryDollar budget and i get paid tomorrow(bi weekly) so I start up month 2. I'm really into the budget system now and its very user friendly. You can download the app on your phone and use the PC version as well. They give you a 15 day free trial version for the EverDollar PLUS version, which links/tracks your spending accounts for you, otherwise you have to manually input every purchase in, if you decide to track your spending. I was doing some research on MINT app as well for budget tracking etc but think imma stick with the everydollar for now.
No new changes on the scores or anything.
I've been reading up a bit on the HIPAA and my 2 medical collections. I've also disputed all 3 CB's regarding my old addresses on there and to update with my current address which i've been at for 2.5 years now. I've also decided to OPT OUT of pre screens. I'm going to wait for the CB's to update my addresses then we'll move on to the next stop in the process.
I'll update again when i have something interesting to report!
Thanks everyone for the comments and encouragement!
to be continued...