You learn that a travel agency used someone else's credit card number to pay for your trip. What would you do?
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We haven't forgotten! It's time to check in with our debt payments. If you're joining us for the first time, you can read about our decision to publicly keep track of our debt here.
Matt Powers is flattered, but not swayed, by American Express' advances.
Sotheby's is auctioning off a 1960 credit card prototype that's basically a piece of cardboard that's estimated to be worth between $10,000 and $15,000.
I just noticed that the credit available on my three credit cards has been drastically reduced. For example, I used to have a $5,000 limit on one, and now it's down to $1,800. It's not a problem, since I am determined not to use these cards Ever Again, but it seems counterintuitive.
I've currently got two credit cards with balances: one with $5,500 (interest rate is 9.9%) and one with $1,700 (with a 20.99% interest rate). I've got about $4,000 in my Roth IRA, none of which is invested. I'm trying to figure out if it's worthwhile to withdraw the $1,700 from my IRA to pay down the higher-interest credit card and focus all my monthly payments on the lower-interest one. I've always been told "never borrow against your retirement," but it seems that this might be a good idea. Help?! — N.C.
Has a month gone by already? It's time to check in with our debt payments.
How do YOU define emergencies?