NewbietoFinance

Updates? And... Happy Birthday! Thanks! Well, as luck would have it. the day after i posted this, i woke up to water in my house. So I have been dealing with that! But i have started the process. just a little slower than i would have liked... thanks #Harvey

Probably gonna take this weekend, thanks to the hurricane, and sort my cards out to start the avalanche.

So after a long string of home repairs, College for the kid, and a range of stupid decisions (This might be the largest portion) we are very over utilized on our credit. about 74% total, and many cards near or at max (90% +).... So in deciding how to tackle this lovely problem, I have a few approaches i am thinking of. Debt Avalanche - Obviously if possible, the best choice, getting rid of the high interest debts first. NOT sure i have the patience. Debt Snowball - Psychologically more satisfying, and even if slower, at least making headway. This also leads into the last option I have thought of. I thought i read somewhere that for creditors it is important to see cards under 79% and 49% respectively. Right now I can't get a new card or 0% BT offer on cards i have any room on. My thought here is if i get enough cards below these thresholds, it might open up some BT options to further reduce the interest paid, and let me get control of the cards faster. Thoughts?

Mine (Single card) and DW (4 Citi cards) got: It's easy to find out if you qualify for a credit limit increase. By clicking "Continue" you understand that we will obtain a credit bureau report to evaluate your request. Our credit department will review your request within 24 hours.

Wife has 25k on Wal-Mart.... Lol Sent from my iPhone using Tapatalk

Locked into 15.3 OUT the door.. and we have 6.25% in taxes here in Texas + all the misc. fees. I am pretty damn happy. Daughter is on the loan as well. 66 months @ 2.9% Time for her to learn her way around the process. We sign off and take delivery in the morning.

Has Bluetooth and cruise... Well optioned for a no option car. Sent from my iPhone using Tapatalk

I "believe" it is standard on these, But going to take a look at it in the morning and hopefully negotiate a deal.

For my daughter, I have targeted the Kia Soul, Base, only option needed is Auto... I have one dealership @ 15.8 out the door at the moment.

What are the best tactics? I feel like I have done pretty well in the past, but self doubt always creeps in, you always think there was another 1k you could have gotten off the sticker... Etc. Since you are the experienced crew, AND I am helping my 19 year old buy her first car... Help a guy out!

Forgive me if i am wrong, but i think a lot of CUs will finance older cars, rate might be a little higher.

If, in fact you were approved by American Honda Finance, then you will not receive a declination letter, nor a notice of adverse action. Still nothing and it's been from the 29th till 1/19 no adverse letter from Honda. Hey, do you not even read what is posted to you? IF, and I use that loosely, you were approved by Honda, you won't get a letter of denial. Why would you be expecting one when you say you were approved? And WTF does your video have to do with this? Please explain. OP appears to be 12 years old... at least emotionally and mentally.

I got mine right at 1 year out... YMMV

This has gotten way too contentious... Sent from my iPhone using Tapatalk

While their benefits are questionable around rewards, my highest line is with BOA, and they have put up a 0% APR BT offer 3x in my tenure with them... I think this card might be better than the Slate for BTs.