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moneypyts

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  1. Hi All, My house needs a $10,000 sewer line replacement. At the same time, I'd like to add a basement bathroom. Total cost about $20,000. I'd like to do it in October, it is a good time for both me and my tenant. I usually have the income to pay for this out of pocket, but have taken an income hit during the pandemic. The basics: * FICO 08 credit score 783. * I have $500,000 in personal credit card credit lines. * I'm using $52,000 in personal credit card credit, all in low interest balance transfers. Has been a stable number for 9 months, and has fluctuated between $30K and $55K for 5 years. * A year ago, with only $40K on the credit cards, I was getting balance transfer offers on most of the credit cards. Now with higher utilization and risk=averse lenders, it's only Discover, FNBO, and an occasional promo interest rate on purchases from Citi. * So I don't think I should run up the total credit card debt from $50K to $70K, as I don't want to scare off these last three banks. Or, worse, trigger account reviews from any bank that might cut my credit lines. * I haven't filed taxes in 3 years (landlord, easy to be lazy). * I have plenty of equity in this house and another house, but called one trusted mortgage broker about a line of credit without tax documents, and he said that since the pandemic/recession kicked in, all of their revenue-only based loan options have dried up. Short of filing income taxes and taking out a proper line of credit, what are my options? I've never done a personal loan, I often get snail mail offers from various outfits saying "consolidate your debt, up to $50,000K in a low-interest loan. A quick look at recent snail mail shows * "SoFi", 13%, appears to be unsecured. * "FIGURE" 4%, HELOC. Interest rates aren't a huge deal, as I should be able to pay this off in six months. Just curious if anyone has any offhand info on unsecured lines of credit for this sort of situation -- * Which lenders offer good rates? * The utilization won't apply toward my total credit card utilization, which I like. Any other issues other than a standard "new loan" ding on a credit report that I should be aware of? * Anything else that I'm not thinking of? Thanks in advance, MP
  2. I just migrated to the new app. It rejected my password on the first try, said I'd tried logging on too many times. After 30 minutes on"live chat" I was able to reset my password. (It recognized my old password, so I'm not sure why it was so fussy before). First time I've used the card in 9 months. It's hard to pay the bill. You need to click on one of two different "account details" buttons to do it. I agree that the user interface and customer service is much worse than credit unions. I'm surprised that anyone at all actually uses their products... MP
  3. Another $500. 3rd $500 increase in 18 months. $46000. This time I got the "we're reviewing your request" screen. The previous 40 attempts either delivered or denied instantly.
  4. Hege and Mec -- thanks for the replies. I should get a Chase Biz card in there, too. Maybe the 75,000 United offer will still be available. If so, I'll shoot for that one first in July when I clear 4/24. I'll look into Navy qualification. Turds? It's a couple hundred free $. For the Flex Perks, etc. Amtrak is about $800 in travel with the 30,000 points offer. Which ones would you suggest instead? I like $, I like airfare and travel reimbursements. I don't do hotels, so unless there's a good transfer rate to airlines, they're not useful for me. Credit scores ~790. At 0/12 as of this month. MP
  5. I'll be at 4/24 in July and 3/24 in August. 2/24 in October. I've been declined a few times in the last 15 months for things like the Bank of America travel card, US Bank FlexPerks, WF Propel, and a C1 Venture, possibly on account of churning, or on account of high balances (paid down now). I wasn't planning to wait until I was 4/24 before getting back in the application sequence, but since I'm now so close I figure I might as well do it and pick up a CSP first, then a United or Southwest a month later, for $1400 value in travel, before moving on to the others. I haven't seen much chatter about sequencing of apps in the post x/x policies of the major banks. First off: * CSP * United or Southwest The cards I'd like to get -- difficult: * Bank of America travel * Wells Fargo Propel * Cap One Venture Probably easier * BoA Amtrak when a higher signup bonus comes up * Citi TYX (PC'ed old TYPref in Sept 2017 (didn't read the rules carefully, should have kept it)) * Delta Amex if I get a signup offer (or in 2020 if the "eligibility once every 7 years" language pans out") * Amex Gold if I get the 50,000 signup offer. * US Bank Altitude And, pick up along the way * US Bank FlexPerks * Citi American Airlines I'm Ineligible for: * Barclays Arrival (still have an old no-fee arrival) Thoughts on this? Who is most sensitive to new accounts out of Cap One, B of A, or WF? TIA, MP
  6. Has anyone seen data points on getting the signup bonus a second time with the Altitude card? I got the card in June 2017, closed it in June 2018, even though they offered a nice retention package. I've Googled around a bit, looked at Doc of Credit, Flyertalk, MyFICO, and here on CB and haven't found any clear datapoints. One poster noted that the terms and conditions seem to say you can only get the signup bonus once, but I seem to recall reading you could get the signup bonus 2x on other cards, like FlexPerks VISA. Just curious TIA MP
  7. Now Im on my app, away from my computer. No sign of a pay credit card option on the app. Am I missing something, or is this just another example of HSBC using world class service in an ironic way...
  8. I went around the world, flights on points, last fall. FWIW. Not that hard. Lots of fun. Just take your time and see things along the way with 2 weeks youd learn about how airport security differs from country to country, and how surly the taxi drivers are, but thats about it. Details are posted in the travel redemption stories thread, but it ran like this: Seattle, WA => Almaty, KZ on United, 42,500 points. Almaty => Sofia, Bulgaria on surface transport (train, bicycle, ferry). (About $1200 for 5000 kilometers travel and 50 nights lodging) Sofia => Vancouver BC on British Air, 22,500 points + $200.
  9. Hi All, Does anyone actually enjoy any of the customer service interfaces with HSBC? Just curious. I spent 10 minutes clicking through the options on the website and the iPhone app trying to pay my bill, and still couldn't figure it out. Finally, I figured out that once you're in the credit card activity summary, you click "details", then "make payment". It's pretty circuitous. Overall, after being a customer for 4 months, their customer service is pretty horrific. They have bizarre restrictions on passwords, a different password for web browsers and device apps, obscenely long wait times if you call in, long wait times if you use online chat. And they use phrases like "to ensure HSBC's standard of World Class Service we will..." Is it me, or is this really an exceptionally poorly designed and operated user interface? (mostly I'm just venting... And logging in the button-click-sequence in a place where I can google it later...) MP
  10. JaN You want to make sure you dont look anything like this https://creditboards.com/forums/index.php?showtopic=611178 50% is fine. 95%, even though Chase says you can do it, will still make Chase nervous. MP
  11. You maybe able to Product Change (PC) the ArrivalPlus to a different card when the fee comes due. Barclays has a couple options for this a few years ago, in 2014 I was able to PC my ArrivalPlus to an Arrival. Give them a call 2 months before the annual fee, or do a google search for PC ArrivalPlus 2019 and see what the options are in spring 2019. MP
  12. Congrats! And, as always, make sure you dont buy anything you cant pay for! MP

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