I can only say thanks! This really helps with out debt reduction. Over a year ago this rate was 14.240%. The credit limit on the Premier Pass card still at $21,000 they have not lower this yet but I expect them to cut it back to at least $15,000. Either way I’m not really concerned since this is one account I will be closing when the balance is 0.
Our Advanta credit card which I wrote about a few weeks ago, sent me a letter in the mail yesterday saying that the account was being closed due to inactivity and information in my credit report. I’ve hear a lot of negative stuff about Advanta so this is one card I can live without, no big loss there.
Happy Friday! Enjoy the weekend!
HS
4 comments:
Hi there-thanks for stopping by earlier! good news on the rate reduction, that generally doesn't happen here, you have to switch cards for lower rates, so good news for you!!
We have two cards with a total of $40000 credit line.
One card has no balance and the other has $8000+ on it. I'm expecting a letter any day now saying they will close the account with the $15,000 limit since we don't use it.
I wonder if it is better if we close the account or it we just wait for them to close it?
Ins't it better on your FICO score to leave a zero account open?
any more posts coming ?
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