Live like no one else: The Dave Ramsey Show appreciation thread

[Go figure]

Are you signing up for that card?

No I screenshot it with the lol emoji, I'm falling into bad habits with my current card. It would be financially calamitous for me to get more cards at this time

Yea i fucked up with mine dropped like 20 pts on credit bc my card utilization was close to 50% the bastards updated a day before usual n caught me off guard.

It always takes longer to get your rate back up than it is to drop

 

[Cinco]

Are you signing up for that card?

No I screenshot it with the lol emoji, I'm falling into bad habits with my current card. It would be financially calamitous for me to get more cards at this time

Yea i fucked up with mine dropped like 20 pts on credit bc my card utilization was close to 50% the bastards updated a day before usual n caught me off guard.

It always takes longer to get your rate back up than it is to drop

Yeah hey can only update on the statement amount so if You going to pay, do it before it hits the official statement date

 

[Go figure]

Yeah hey can only update on the statement amount so if You going to pay, do it before it hits the official statement date

Yea i got lazy on that n it set me back...i should be nearing 750 by now but my carelessness dropped me down. Started working on my credit since November last year at 565 now im at 665 it should jump up this month tho. Paid my balances down under 4% and got a credit line increase but this is what it currently looks like without the payment updates

Ima post my credit update which should be thursday to see how much it increased (if at all)

 

[Cinco]

@gofigure yeah sometimes they drop for no reason it's frustrating but got to play the game

 

[Go figure]

 

[Go figure]

 

[Go figure]

My bad if this was already posted but it came up on my youtube feed n should be shared 10 times over anyway!

 

[Young_Chitlin]

 

[Young_Chitlin]

 

[Young_Chitlin]

Former NFL quarterback Michael Vick made the final $1.5 million payment to creditors on Thursday, meaning he paid back $17.4 million of the $17.6 million that he owed when he filed for bankruptcy in July 2008.

The payment and final payouts were confirmed by Joseph Luzinski, a senior vice president at Development Specialists Inc., a management consultancy firm and the liquidating trustee in Vick's bankruptcy.

"Paying 99 cents on the dollar, which he did, is remarkable," Luzinski said. "It happens in, maybe, one out of 100 cases."

Vick elected to file for Chapter 11 bankruptcy instead of Chapter 7, which would have allowed him to liquidate his assets and not owe any more. Vick, who served 548 days in jail for taking part in an illegal dogfighting ring, took the rare step of kicking in future income to pay off his creditors.

 

[Young_Chitlin]

 

[Young_Chitlin]

 

[BIGG WILL]

Been going over this plan on paper for the last 2-3 weeks. I think I have it nailed down for the most part.

I'm planning on combining my raise nx year, with going exempt for 6 mos and using that extra money to pay off all of my debts excluding my Mortgage. Then to offset my tax bill, I will max out my deferred comp plan for the 2nd half of the year. In 2019 my debt to income ratio should be low enough to allow me to stay maxed out, pay all my bills and still save a lil bit of cash. Maxing that plan out for 18 mos would put me in very good position moving forward w/ 14 years, or more to continue growing that nest egg.

Thoughts???

The raise I was hoping for is now official. Will be implemented on Dec. 4th. Time to get this ball rolling.

 

[Koltrain]

Former NFL quarterback Michael Vick made the final $1.5 million payment to creditors on Thursday, meaning he paid back $17.4 million of the $17.6 million that he owed when he filed for bankruptcy in July 2008.

The payment and final payouts were confirmed by Joseph Luzinski, a senior vice president at Development Specialists Inc., a management consultancy firm and the liquidating trustee in Vick's bankruptcy.

"Paying 99 cents on the dollar, which he did, is remarkable," Luzinski said. "It happens in, maybe, one out of 100 cases."

Vick elected to file for Chapter 11 bankruptcy instead of Chapter 7, which would have allowed him to liquidate his assets and not owe any more. Vick, who served 548 days in jail for taking part in an illegal dogfighting ring, took the rare step of kicking in future income to pay off his creditors.

He should be praised for this.

 

[Young_Chitlin]

 

[Young_Chitlin]

 

[Young_Chitlin]

"The point is.. You can do it." - Dave Ramsey

 

[Go figure]

Shit i paid off one credit card almost 2 wks ago but it hasnt reflected on my creditkarma yet...while my other card had a balance but my credit limit went up by $300. Actually both cards got a credit limit increase.

So on the last update from credit karma i only spent $130 out of a credit limit of like $1200 but it showed $237 out of $800 instead (on previous page).

I also have an experian account and the numbers havent updated on there either.

All 3 credit bureaus still show a 30% utilization tho its been more like 10% for the last 2 wks. Thus, my score hasnt changed at all. Weird.

Paid off my other card in full today so i now have a $0 balance, but zero debt will bring your score down too lol.

Guess ill buy some necessity items tomorrow n keep under 10%.

This bullshit tho!

 

[Young_Chitlin]

Shit i paid off one credit card almost 2 wks ago but it hasnt reflected on my creditkarma yet...while my other card had a balance but my credit limit went up by $300. Actually both cards got a credit limit increase.

So on the last update from credit karma i only spent $130 out of a credit limit of like $1200 but it showed $237 out of $800 instead (on previous page).

I also have an experian account and the numbers havent updated on there either.

All 3 credit bureaus still show a 30% utilization tho its been more like 10% for the last 2 wks. Thus, my score hasnt changed at all. Weird.

Paid off my other card in full today so i now have a $0 balance, but zero debt will bring your score down too lol.

Guess ill buy some necessity items tomorrow n keep under 10%.

This bullshit tho!

It takes a little while for the credit scores to update, it's taken me anywhere from four to six weeks to see a different number

 

[Young_Chitlin]