Tuesday, March 31, 2009

April 1. 2009 Update

I know it's not QUITE April 1st but I already have our totals ready so I'm posting them today. During the month of March we were able to reduce our CC Debt from $ 12,586.59 down to $ 12,103.00 so not too bad! Our payoff amounts totaled $ 483.59 (this does NOT include the $159.00 in balance transfer fees which we paid in full). I certainly hope everyone else is seeing their CC balances go DOWN rather than UP. Good luck in April everyone! :)

Monday, March 2, 2009

Our Payoff and New Balance

Well, we certainly didn't pay off as much in February as we did in January but we sure did save a lot! (and that's always a good thing) Our previous CC Balances were $ 12,781.22 and our New Balances are $ 12,586.59 for a total payoff of $194.63. We're still working on getting our savings up and our CC balances down, I am hoping to pay off more in March than we did in February. I hope everyone Else's balances went down too! :) Have a happy March everyone! :)

Watch Your Credit Scores!

If you have recently had credit lines closed "due to inactivity" or the like WATCH YOUR CREDIT SCORES! I recently had 3 credit lines closed for the reason above and my score in November 2008 was 744.......... my score today is 668 !!!!!!!!!! I was FLABBERGASTED! All 3 of the accounts state "account closed at customer's request" even though I did NOT close them myself. I intend to call Experian and ask about this type of "reporting" as it doesn't seem fair to lower my credit score because 3 cc companies decided to close my accounts NOR write that I closed them when I did not. Moral of the story, watch your scores! They may be going down and you don't even know it!