Layout:
Home > Holding Pattern

Holding Pattern

February 8th, 2012 at 01:41 pm

I feel as if I'm in a financial holding pattern.

DW checked the status of our federal refund last night. It's estimated that we will receive our refund on February 14. Plenty of time to pay our bills before the end of the month, but I want it NOW nonetheless.

Also, as I've mentioned previously, I opened a new CC for balance transfers. I transferred all of CC4 and part of CC 1. The transactions still haven't shown up. The new card stated that it could take up to two weeks for the tranfers to complete. This Friday will be two weeks for the transfer of CC4, and next Monday (I think) will be two weeks for the partial transfer of CC1.

Total credit line on new CC is $9K. I transferred $2,700 total from the two cards. That way I'm utilizing 30% of the new CC, which I've heard helps your utilization ratio for your credit rating.

Also on hold is the total state and federal refund because of someone else claiming DS1, and the adoption credit.

So, we wait. Good things will happen.

3 Responses to “Holding Pattern”

  1. laura Says:
    1328709381


    My refund was supposed to be deposited 2/1, then I learned from ccfree that it was delayed to 2/7. I was thrilled to see that the funds were there this AM, and I'm promptly making my annual property tax payment on my primary residence tomorrow. Smile Get that monkey off of my back!

  2. CB in the City Says:
    1328710747

    I'm not even going to watch. I want the thrill of surprise when it hits my bank account!

  3. frugaltexan75 Says:
    1328752566

    I believe it is 30% of your *total* amount of credit available, not 30% of your credit limit on one card.

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Will not be published.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]