I just increased a credit limit on one of my Credit cards. "How can that be a good thing?" you ask 
Well I then transfered 2 maxed out balances from other cards with much higher interest rates! So now if I keep paying the full amount I've been paying on all 3 cards, I'll be over paying my minimum monthly due by $60 instead of just the $15 I was paying over combined on all 3!!!
So I've got two cards down to 0 and will be paying more of the balance than I was before with lower rates!
I also opened a Money Market account today with just $20 a month to go into it at over 4% interest.
Also learned that if I pay $1000 at one time on my car loan, I can have the do a armaturion (sp?) and lower my monthly payment! Now all I have to do is come up with that 1000 bucks
It is a good day! I needed this.
Now I just need to pay off the credit cards and not just shuffle the balances round. But it does feel good to see 2 cards at $0.00 on Quicken.
Well I then transfered 2 maxed out balances from other cards with much higher interest rates! So now if I keep paying the full amount I've been paying on all 3 cards, I'll be over paying my minimum monthly due by $60 instead of just the $15 I was paying over combined on all 3!!!
So I've got two cards down to 0 and will be paying more of the balance than I was before with lower rates!
I also opened a Money Market account today with just $20 a month to go into it at over 4% interest.
Also learned that if I pay $1000 at one time on my car loan, I can have the do a armaturion (sp?) and lower my monthly payment! Now all I have to do is come up with that 1000 bucks
It is a good day! I needed this.
Now I just need to pay off the credit cards and not just shuffle the balances round. But it does feel good to see 2 cards at $0.00 on Quicken.
