Skip to main content
No. of Recommendations: 3
The good----

CC Debt
Amex : $0.00
Chase Rewards: $0.00
Chase regular: $0.00
GE Bank store CC: $0.00

Roth contributions year to date: $1,400.00

I had the accountant check my last year return and found that I needed to ammend last years return and get back $700.00 back because I did not need to pay capital gains on my home.

FICO score: 807!

The bad-----

I just had a bad visit at the dentist office I need alot of work done which will put in at least $3,500 in debt.

I am using the $1000 I had in my emergency fund and requesting the $360 I have in my FSA account and as I have the bills request the money be repaid.


The ugly----


I had a discussion this afternoon with the cu I bank with and wanted a secure loan with 1 of my cd's I have.

The new loan is 2 year loan at 8.80% with payments at $100.00

The loan rate could go down as the rate is set by adding 3.0% to the cd rate I have. I have the $10,000 one earning 6.0%

I know this is expensive but I see this my best option as the rates on my cards are 13.9% variable on Chase and 7.9% fixed on the regular Chase and 9.9% on Amex.


I will start paying this debt down in two weeks when I'm paid at my main job. My goal for the 2nd quarter is have a dent on the amount owed.



Print the post  

Announcements

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.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.