- Centurion Member
- Posts: 179
- Joined: Fri Jan 30, 2015 1:29 pm
- Location: Jacksonville, NC
CarefulBuilder14 wrote:It doesn't sound like saving money is much of a priority. Do you really want to have your utilization shoot up again, after working hard to pay your cards down? I know you can get special financing from Lowes, but it will still be a cash drain and it seems you're cutting things pretty close already.
Saving interest is a big priority, thats the biggest reason for the Discover comin to transfer my CSP balance. (it's on me that I had to pay a couple auto insurance premiums to have them paid in full up front).
The utilization won't dramitically increase or decrease based on a new line being extended and transfering a balance from another card, and even the leftover absorbs the flooring project (those are coincidental to each other...but it does help.)
I'm blessed with the money I make between my two jobs to help pay a lot of this debt down and off. Nothing gets ignored or cut short, including my 2 401ks and liquid savings.
CITI Diamond Preferred $5,800 [06-16]
AMEX EDay $12,000 [11-14]
Lowes Store $10,000 [4-14]
CSP VISA $6,000 [7-14]
GM MC $9,000 [9-14]
AAdvantage Aviator Red MC $10,350 [10-14]
Discover IT $4,000 [03-15]
Chase Marriott VISA $5,000 [04-15]
Cap One Quick $2,600[4-10]