<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > My Credit Card

My Credit Card

August 19th, 2011 at 01:00 pm

I wrote a couple of weeks ago about getting a new credit card. The main reason for the new card was to transfer my very high (16.99% APR) rate card to take advantage of the 6 mo. introductory 0% rate.

I've started using the card. Thin ice - I know. But, I'm resticting purchases to gas, groceries, and work items for which I will get reimbursed. I will pay off all purchases each month plus the predetermined amount to pay off the transferred amount over the time-frame I've set up.

The reason I'm using the card is so that it will remain active, and help boost my credit score for credit utilization.

So, I'm using a credit card again, after a three-year fast. We'll see if I can discipline myself this time. I think the chances are pretty good.

Posted in Credit Cards | 1 Comments »

1 Responses to “My Credit Card”

  1. ZenQueen Says:
    August 19th, 2011 at 03:57 pm 1313769435
    1313769435

    Three years is a long time to set up a good habit. The odds that you will be disciplined are good. This can be a model for myself as well.

    Good luck to you; I hope it works out.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]