Monday Wrap-Up and Goals for the Week

March 19, 2007 in Credit Cards, Monday Wrap-Up, Motivation

I promised last week I would report back on my results to get my credit card APR’s lowered. However, I was tied up most of the weekend and not really free to make long calls — which I didn’t know they would be until I tried one. After speaking to a customer service rep at [...]

My Credit Card APR’s are Frighteningly High

March 16, 2007 in Credit Cards

It embarasses me to admit that 5 of my 7 credit accounts that I am working to reduce have APR’s of over 20%. It really didn’t hit me until I made a spreadsheet this week of the current totals.
   
I’ve had my head in the sand long enough.

Bankrate.com has some great advice about calling up the [...]

And The Verdict Is…March 2007 Debt and Savings Totals

March 14, 2007 in Credit Cards, Paying Down Debt, Savings

Wow.
Calculations are in.
I’m just going to post the numbers and hit the sack. It is what it is.
Credit card debt: $18,375* (this number is current for March 1, before payments I’m making this month)
Savings: $46 (this number is current as of today)
I’ll post a bit tomorrow about how I got into this much (pretty typical, [...]

To Close or Not to Close — That is the Question!

March 14, 2007 in Credit Cards, Paying Down Debt

As I compile a list of my credit cards and accounts, I am happy to note that one card from Household Bank has a balance of zero. Conventional wisdom tells us to cut up the card, don’t take replacements, but keep the account open to keep your credit score high. However, I’ve decided to take the [...]