Apperntly Chase did not like the fact that I was at my limit on my new card. Funny thing is, I could have put $2000 on my Chase card, and recieve 19% interest on free credit report 3 Kansas City it, or use the Best Buy card with 0% interest. I did not think about it at the time, it was a no-brainer. 0% is WAY better than 19%BUT the fact that I was at my credit limit is what spooked Chase.
Due to my Chase card being canceled, I instalntly paid it off, and now just have the Best Buy card. It was a valuble lesson-Never reach your credit limit-that I learned the hard way. I posted a topic about it on my site It was quite an annoying experience!!
I dont understand peoples fascination with credit scores. I wager, actually, that most people get car loans, even if we here at GRS all pay cash for slightly used cars So theres another reason to be concerned with your credit score, because youll get lower rates on free credit report 3 Kansas City your car loans. If you are responsible with your card and are able to pay off your bill in full each month then you can reap rewards just for spending money you normally would. free credit report usa Simply paying my everyday bills, groceries, gas etc has yielded me frequent flier free credit report 3 Kansas City miles, gift cards, and hotel stays. While this post might seem pointless to you, not everyone is disciplined enough to handle credit cards responsibly.
For those people who just finished paying off huge amounts of revolving debt and plan on canceling their cards, this information is very helpful. Please be considerate and understand that not everyone is like you.
For example, I dont travel, so I virtually have no need for a credit card for hotels or car rentals. I already bought a house, so the credit score is pointless free credit report 3 Kansas City to me. I would rather cancel the cards than risk pulling myself back into debt. clark howard free credit report Its all about whats best for your personal situation, and only you can make the best decision for yourself. This article was obviously not intended for you, so please dont insult the post because it isnt tailored to your likings. @David Credit scores are used in many areas of your life. Having a good credit score can actually save you money on insurance. Also, I have heard of employers looking at potential employees credit score.
I dont think thats right, but for many reasons, your credit score remains important. There was recently a post on this on the simple dollar. After seven years, his past history will dissappear and then his credit score will take a hit. Im not saying that he should keep credit cards, but that not enough time has passed to know the real impact. Ill try to write a follow-up article about why we *did* cancel the cards even after getting to the point where we could easily control them. Its simply too big of a discussion for a follow up comment free credit report 3 Kansas City here.
A couple have asked *if* we plan on using credit again at all. get free credit We dont plan on borrowing again (but arent so hardcore that plans couldnt change eventually). As for emergencies, if there were a true family need or medical need, free credit report 3 Kansas City wed do whatever it takes to handle that. Wed easily go into debt or use credit for things of that nature. The specific emergency would dictate our priorities then. Lastly, #8 Adam, can you explain your free credit report 3 Kansas City comments on hotels? Are you talking about a high-end chain or placing a reservation that you can cancel?
