No. of Recommendations: 0
My LOC is at 15.99% which I am pretty happy with considering my CC is at about 20%. I will save some bucks.

I have a heavy debt load right now, but am finding my way out. All of my accounts all say never late on them, with one acception. FCNB is still reporting an account in 1994 that was 60 days late. This does say it was closed at their request (not true - I paid it and closed it!), and I have been trying to get them to fix it for several months.

In the early 90's I was beyond irrisposible, but have been a good little fool ever since. I am working hard at reducing my debt so I can buy a home in a few years. I was preapproved for a mortgage by GMAC at a great rate, unfortunately I couldn't find a house in Mass for $114,000 which is the maximum I could get because of my debt ratio.

Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.