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No. of Recommendations: 2
AJ, it took several reads for your post to start making sense. It does now, sort of, except for one major thing. We have had an endless supply of BT offers over the years/decades. While that is no guarantee that there will be one when the current 0% runs out, I do think that it is a reasonable assumption. The BOA rep, just yesterday, said that he couldn't lower our APR. He went on to say that as a consumer it makes sense to BT to Citi and also added that as soon as we do BOA would start sending good 0% offers to lure money back. What a strange game. I'm tabling this idea for now because you post did resonate except for the omission.

In other news, I did our taxes and fortunately we were stupid last year! TurboTax gave us a credit report as well. it is a Transunion that sits at 751. One of our cards posts an Experian number to our online statement every month. Currently 762. Indeed we have made timely payments for years and years. It is time to get out of this cycle.

To that end, what are your thoughts on downsizing my retirement contributions for the short but not super-short term. Currently we divert $200 per 2 week pay period, pre-tax. My employer contributes 3% to a separate plan and that would continue. There is no employer match to lose. If I cut the contribution down to $50/pay for example, that frees up $300 per month to add to debt reduction. At this point I am not worried about being unable to fund 2019 at some later year. I live on the other side of town. Ramsey says to do it. What does TMF think in this situation? No brainer?

You have all been very helpful. Thanks very much for playing along as I seem to jump from one topic to the next! There is just so much that needs addressed. One step at a time.

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