Ryan McFarland

Using the free credit score report offered to Wamu credit card holders here is the latest look at my score.

You can see the pleasant “S” curve i am creating. I’m glad it is on the rise. There is no doubt that my aggressive debt reduction schedule is helping. Also, by not applying for any new accounts (either personal or business) i have been keeping the credit report inquiries to a minimum.

I recently went through my credit accounts to see the interest rate on my cards. For my reference in the future here is the standard purchase interest rate on my cards.

• Bank of America - Alaska Airlines Platinum Plus - 14.49%
• American Express - 16.24%
• Chase - Free Cash Rewards - 0% (promotional)

The American Express was at 29.24% and i called and requested an interest rate reduction. She conducted a review of my account and was able to drop it to 16.24%. On top of that, she was able to make the rate change retroactive by two billing statements. I receive 22.24% “cash” back on purchases with this card. The cash comes as a Costco gift certificate.