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Take that, Visa

April 14th, 2012 at 04:36 pm

Balance now at $2,167. Down from over $5,000 at Christmas. My plan is to have the Visa gone by the end of June 2012. Then I'll take a break and focus on the EF for a bit. Starting in August I'll tackle the line of credit. If all goes according to plan I will have the line of credit paid off in late Spring 2013. Wohoo!

I'll also be calling the bank about the random 1% increase in my interest rate that TD/Canada Trust threw at almost every customer a few months ago. Nice customer service. No reason at all for the increase. I'm getting my new credit cards and lines of credit from another bank due to this type of behavior. Will do some shopping around.

2 Responses to “Take that, Visa”

  1. creditcardfree Says:
    1334423674

    Congrats on making such fast progress on your goal!!

  2. Jerry Says:
    1335050439

    You are making great progress, indeed! And I definitely hear your frustration about the bank. We have already decided to immediately change our bank the moment we move back to the States, because BofA leads to so many problems and additional charges for us living overseas. We will probably go with USAA, since we have our insurance and some banking with them, and they have been great. Good luck finding a better institution for your situation!
    Jerry

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