Blogging Away Debt

A Simple Click and My Credit Card Gave Me Some More Rope

One credit card company that I deal with has been horrible for giving me more credit when I really probably shouldn’t be getting it. In the past, every time I was almost maxed out, they’d give me a surprise increase. Then I would max the card out again. Then they would give me another increase. While I don’t blame my credit cards for my debt – they made it pretty easy to get in my situation with this viscious cycle.

Yesterday, for giggles, I decided to see if that company would give me a credit line increase. All you have to do is go online and request one. You don’t even have to speak to an operator. Almost immediately I had my answer…

Credit line increased by $2,300.

I did accept their offer, because increasing my total available credit will decrease my debt to credit ratio and that will help my credit score. I am trying my best to raise my score so I can land a wonderful 0% credit card offer shortly.

I’ll take their rope now, but instead of having it sink me further into debt, I am going to use that rope to climb out of it by increasing my credit score.

What’s Happening Next Week?

by Tricia

Well, next week is a big week for me.

Monday I am hosting the Carnival of Debt Reduction. After that is posted, I’m taking a few days off from blogging to take care of some business. I have enlisted the help from other bloggers to make sure you have articles to read. Plus, you will get to read some other viewpoints.

So what kind of business will I be taking care of?

1.) I will be shopping for life insurance. I currently do not have any and my husband has a whole life policy. We are going to shop around for term life insurance for the both of us and look into cashing out on his whole life policy.

2.) I will be looking into purchasing disability insurance. My income earning potential is the greatest asset we have right now. If something happened where I couldn’t work – it would be devistating to us financially.

3.) I will be doing some fun shopping. I know, that sounds weird. But there’s a good reason for it. Thursday the 15th will mark the one-year anniversary of when Blogging Away Debt was born. I do make money with advertising on this site, and I want to give some of it back to you…my readers. I won’t tell you any more than that at this time. You’ll have to stick around to find out more 😉

So, stay “tuned”. I am so excited about next week!