Friday, February 8, 2008

Good Week

It was a good week. I got my refunds back, one Wednesday and one Friday so I'm a good bit closer to my goal of building the emergency fund.

Also, the car refinance went through. There was a fee of $20-something to transfer the title but that was it. The extra money is hanging in a savings account while I decide what to do with it. I did get their rate of 3.95%. I was surprised. I usually see the teaser rates and assume that's exactly what they are.. I was impressed with the service also. I made an appointment to sign papers and went to the wrong branch. By the time I got to sit down with someone it was 18 minutes before they closed. But they worked it out anyway and I didn't have to make another trip. I love good service..

Saturday, February 2, 2008

Monthly Update

My credit score just went up 11 points (737). No alerts so I would guess dropping balances, etc.

Build emergency fund to 6 mo expenses - 57.2% (Up 2.2%)
Pay off car - 13.5% (Up 3.3%)
Pay off student loan - 5.9% (Up .3%)

I did apply to refinance my car loan. A local credit union is having a "loan sale" this weekend with rates as low as 3.95%. I haven't heard anything yet so we'll see. The minimum amount is 10,000 and my balance is a little over 9,000. That might disqualify me, guess I don't know what "new money" means. My rate is pretty reasonable but I'm early into my loan and if I can drop it 3 points and no fees, I will.. If I've done my calculations correctly that's nearly $1,000 in savings over the term.

Ooh, and I also filed my returns and expect a gift to myself Friday from fed. Don't know when the state will be returning my money.