First of all don't make fun of me and all my accounts. I wasn't worried about them because I will not be needing a mortgage. Providian 9/98 - 8,300 FCNB Secured 02/00 - 5,375 w/2,850 deposit MBNA Gateway LOC 01/99 - 5,000 Chase Walmart Secured 11/99 - 2,500 Optima Platinum 08/00 - 1,000 "LOL" CapOne S/E Master - 04/00 - 900/300 CapOne Visa Gold - 04/99 - 600 CompUSA - 09/99 - 3,300 FCNB Newport News - 11/99 - 3,000 HSB Gateway - 07/99 - 2,000 Macy's - 06/98 - 2,000 Best Buy - 02/99 - 840 Home Depot - 02/99 - 500, was 4,000 but lowered because of all my new credit. Chevron - 05/00 - 300 Phillips 66 - 11/99 These accounts here are also on my report, but as "AU": Citibank AA Gold - 09/00 - 10,000 NextCard - 10/99 - 300 Spiegel - 09/00 - 400 These accounts has been paid off and closed as of last month and this month: GoodYear - 05/99 - 500 DMB Secured Mastercard - 03/00 - 500 Ochard Mastercard - 02/99 - 500 Orchard Visa - 02/99 - 650 Amex Secured Optima - 07/99 - 1,000 FNB Marin Visa - 06/99 - 700 FNB Marin Mastercard - 03/00 - 400 CapOne Secured Mastercard - 04/99 - 400 CapOne ValueOne Mastercard - 09/99 - 400 Cross Country Mastercard - 09/99 - 1,100 Blair - 10/98 - 800 Beneficial Loan - 07/99 - 1,600 Providian Visa Gold - 09/00 - 1,000 Dang I know that's a lot. I don't plan on closing any more until the next 3-6 months. Of my open accounts, about 8 have balances. I've really been trying to knock down my debt and close unneccessary accounts. I not trying to get a mortage, but I am trying for a Dicover Platinum. So you guys tell my what you think I really need to do. I am not getting rid of Providian, MBNA, Macys, NewPort News, or my FCNB secured mastercard. Thanks
RE: Figured I'd Show Mine Also DUMP HOME DEPOT IF THEY WON'T PUT IT BACK TO $4,000!!! THEY TAKE VISA, M/C, AMEX, AND DISCOVERCARD. Back in the olden days you would have gotten a $5,000 min. gold... CapOne Visa Gold - 04/99 - 600...JOKE??? Chevron - 05/00 - 300 Phillips 66 - 11/99 WHY??? They take VISA, M/C, AMEX, DISCOVERCARD.
RE: Figured I'd Show Mine Also Lady You asked so I'll give my 2 cents. How much interest does the deposit on secured cards you have pay? I ask because if you are carrying a balance on some cards and the interest rate is greater than the interest your getting on your deposits, you would be paying yourself by closing the secured accounts and applying the deposits against existing debt. Regards, JP
RE: Figured I'd Show Mine Also Thanks for the advice JP, but it's not so much that I can't pay the existing debt off, it's that I just haven't. I've paid off about 15,000 worth of debt in the last month. I am keeping my secureds because I wanted accounts with those 2 lenders and they wouldn't approve me for the unsecured, so I took what I could get.
RE: Figured I'd Show Mine Also Gas cards are fine as long as they don't show up on your credit reports. They put some of your activity, and possibly some balances, out of sight from nosy creditors like MBNA. I love my gas cards.
RE: Figured I'd Show Mine Also That's all Mom. Home Depot is sure to go, for some odd reason my hubby wants me to keep Best Buy, but it'll probably go too. CapOne Gold will go in April.
RE: Figured I'd Show Mine Also My gas cards report every month and I hate that. You are right MBNA are some nosey @#*&^. RichGuy wrote: ------------------------------- Gas cards are fine as long as they don't show up on your credit reports. They put some of your activity, and possibly some balances, out of sight from nosy creditors like MBNA. I love my gas cards.
RE: Figured I'd Show Mine Also OK Momof3 wrote: ------------------------------- No that was my first impression, I will have some more soon LOL
RE: Figured I'd Show Mine Also I just closed 2 accounts.They are sams personal credit with a $1500.00 limit,and my nextcard visa with a $9500.00 limit on 11/13/00.Now i only have 3 tradelines as follows. CHASE 14,000.00 limit DISCOVER 9,000.00 limit MBNA 8,000.00 limit This will raise my F.I.C.O score but at the same time i am going get a CITIBANK card with a cheap interest rate for balance transfers.Atleast i don't have too much availible credit for citibank to grant me a reasonable credit limit.I am going to wait until june of 2001 to allow sufficient time for my 2 closed accounts to appear on my credit report.
RE: Figured I'd Show Mine Also BLE, I know your credit report looks d--- good. I'll be there one day. BLE103 wrote: ------------------------------- I just closed 2 accounts.They are sams personal credit with a $1500.00 limit,and my nextcard visa with a $9500.00 limit on 11/13/00.Now i only have 3 tradelines as follows. CHASE 14,000.00 limit DISCOVER 9,000.00 limit MBNA 8,000.00 limit This will raise my F.I.C.O score but at the same time i am going get a CITIBANK card with a cheap interest rate for balance transfers.Atleast i don't have too much availible credit for citibank to grant me a reasonable credit limit.I am going to wait until june of 2001 to allow sufficient time for my 2 closed accounts to appear on my credit report.
RE: Figured I'd Show Mine Also Hi LadyCarr Yes it is d--- good,and i am going to keep it that way.It is alot of hard work to get this far.