MunsyBuns16

I don't find them to be useful. I usually have an Excel spreadsheet that I update everyday with my CC spend and payments. When I finished my year-end summary yesterday, I wasn't surprised by how much must I spent on dates (COVID didn't have too much of an effect on that). I was surprised a little bit by how much I spent on groceries; despite more trips to the grocery store this past year, I spent less in total compared to 2019. It's easier to just export the charges to Excel and do your own sorting.

Inquiries don't matter Inquiries don't matter Inquiries don't matter Pay down your current cards Did I mention that inquiries don't matter?!

BINGO! Inquiries don't matter. Focus on building positive tradelines, OP. Building good credit is much like building a good reputation--it doesn't happen overnight. The worst thing you can do is sign up for secured cards from unscrupulous lenders that fee you to death.

You're wasting your time trying to delete hard inquiries. They won't have much impact on your score after 6 months and all of them should fall off within 2 years. Focus on building positive accounts for your credit file.

You have to wonder if the Sapphire Preferred will be refreshed. CSP: 2x on dining, $95 AF CFF: 3x on dining, no AF We'll see post September 30th.

And I just hit the Freedom bonus not too long ago lol I'll be locked out of this card until I get out of 5/24, but the addition of some of the same categories to the Freedom Unlimited is pretty nice. This card lessens the need for a CSR and actually props up the CSP a tiny bit. I wonder if AMEX will do anything similar to compete. The Everyday and Everyday Preferred could use a refreshing.

At least it's a Toyota lollllllllllzers

I continue to be lean on cash reserves. Then, I've got nearly $7,000 in an investment account invested in an index fund. Paying off the rest of my student loans has been a priority (especially since I've been lucky enough to have not lost my job through all of this mess). It's a guaranteed return on my cash given the looming expiration of the 0% interest period. Hoarding cash doesn't do me any good at this point, but everyone's situation is different.

Chase Freedom ($13,500 SL) for the small SUB and the 5x grocery multiplier for the first year and the 5x Lyft multiplier until March 2022

And, if OP could've paid the cards off monthly (as stated in the MyFico post), why didn't he? Chase is not one to play with regarding prolonged high utilization. I don't see the point in paying thousands of dollars in interest monthly on credit cards for business purposes. It doesn't make sense to me, especially if the CC spend is primarily on inventory (illiquid assets) to begin with. It's a ticking time bomb.

Looks like OP is not liquid, or else the cards would've been PIF monthly.

I've found that it's not really feasible to get a car--at least what I would want--without having to commit thousands in income (cash) or getting a loan on it. It wouldn't make sense given my student loans Getting by on rideshare/public transit hasn't been much of a detriment to my life. The dealers can wait to get my money. Get a wahhhmbulance

I pay my share of the family cell phone bill and my dry cleaning via check. I don't want to share my Cash App with my parents lol

The transit service in Houston still takes cash (even pennies lol) at the stops. But, I use its app and pay for fares with my cards.

Hasn't affected me long-term, Heg. I think the whole "car vs transit/ride-share" debate is similar to the "rent vs buy" debate when it comes to housing. I think each situation is unique.