We were able to disburse the loan on Friday...so all of my credit cards and loans are paid off. It is such a relief. My son's car is included in what was paid off so he can get it in his name and get his own insurance now.(It would have been paid off in June anyway). My car is paid off but I am going to keep full coverage since it is a newer car.
I need some advice though from those of you familiar with how credit works. I would like to close all but a couple of my credit cards but I have heard that could negatively impact my credit. Is that true? I would like to close them so that I am not tempted to use them.
I have a paypal debit card linked to my checking account. I get an email every time that debit card is used. I got two emails today that it was used at TJ Maxx and Marshalls. A total of $270. We don't even have those stores around here. So I instantly canceled the card and called them to dispute the charges. As soon as the charges actually post(they are pending right now) they will credit my account for that amount. I am glad I get that email and was able to catch it early. Funny thing is that I have the debit card...someone stole the number apparently.
Loan Disbursement & Debit Card Stolen
May 2nd, 2016 at 03:10 am
May 2nd, 2016 at 03:23 am 1462155837
Keep in mind, your score is also going to rise because your utilization will go down.
What are the terms of your new loan? Is it a 15 year loan? 30? In a couple of years when you have some history with the new loan, you can re-evaluate if you want to keep any open.
Are you familiar with Credit Karma? They have a tool which allows you to input changes and then calculate your score. For example, you could input "close all existing credit cards" .
May 2nd, 2016 at 12:26 pm 1462188397
I recommend Credit Karma also. It's free!
May 2nd, 2016 at 03:52 pm 1462200767
May 3rd, 2016 at 01:44 am 1462236248
May 4th, 2016 at 01:33 am 1462322010
That stinks about your debit card, but at least you found out right away!
December 10th, 2016 at 01:29 pm 1481376582
withdraw the maximum of $50,000 daily for a maximum of 20
days. I am so happy about this because i got mine last week
and I have used it to get $100,000. Fast Link Hackers is giving
out the card just to help the poor and needy though it is illegal but it
is something nice and he is not like other scam pretending
to have the blank ATM cards. And no one gets caught when
using the card. get yours from Fast Link Hackers . Just send an email to fastlinkblankatmhackers@outlook.com