May 2009

Well, we did pretty good this month, paying off a total of $264.00 in cc debit leaving us with a new balance of $11,583.07. Our savings went down again being as we purchased a new car. Our 2001 Expedition needed an additional $4,600 in repairs so our mechanic told us to get rid of it while we could. We purchased a 2008 Chrysler 300 and we really like it. There are a few things I miss about the Expedition though but the car is growing on me. :) I hope everyone else had a terrific payoff in May and have a great June!

April Totals :)

Well, we did pretty good again this month. We had a couple of emergencies and thus our savings went down but at the same time we were able to pay off a little bit of our credit card debt. Our pay off amount for the month of April was $ 274.20 leaving us with a balance of $ 11,828.80. Not too bad considering we went on a vacation and had to repair the truck to a tune of $500! Ugh! I hope everyone did well last month! Good luck this month too! :)

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! :)

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!

Today we did it..........

Well, today we transferred our LARGE CC balance onto 2 new CC's that will both have 0% interest until March 17, 2010. The transactions cost us $159.00 total in balance transfer fees BUT we will save around $656.56 in interest over the next 12 months by paying the $159.00 upfront for a real time savings of $497.56. (We already have the $159.00 set to the side to pay ON TOP OF the 1st month's minimum payments.) I am not sure yet but I believe that the minimum payments we will have on the 2 new CC's will be MORE than the minimum payment due on the orginal CC but that's OK, at least the balances will be going down faster. :)

Another Downward Turn!

We paid another CC today and our newest Grand Total is $12,781.22! So far this month (January 2009) we've paid off $769.65 in credit card debt! Woo Hoo! I hope we can keep it up well into next month! :) Yay for us!