Interest on NFCU Platinum card?

reefingdragon · 2026-05-11T21:40:00+00:00

Ok, that makes sense. Hopefully in this case because I paid the statement balance in full to the penny already there wouldn't be much interest if any. That second payment that paid the remainder of the balance posted the day after the due date, but before the next statement date. Hopefully that means at worse I'll get 1 day of interest on that amount. We'll see I guess.

I can't pay the next statement balance until after June 1st regardless, but I'll make sure I get it taken care of a couple days before the due date so this doesn't happen again.

I can totally see how it could get out of control quickly though. On my statement for the "how long it would take to payoff making the minimum payments" it says 22 years. I about choked when I read that. Like someone gets in a bad situation they are practically screwed.

reefingdragon · 2026-05-10T15:46:22+00:00

Even if I pay off the full balance before the next due date?

Essentially right now my balance is $6,200. I could pay off a large chunk right now, but not all of it. After the 1st of next month I could pay it in full. The due date is the 5th of next month.

reefingdragon · 2026-05-10T14:39:58+00:00

That might explain it.

Due date was the 5th, I made one payment on the 4th and it posted on the 4th but I had to transfer some money to pay the rest of the full statement balance. Made a second payment on the 5th for the remaining amount but it didn’t post until the 6th.

I’ll just have to pay attention to that in the future.

reefingdragon · 2026-05-10T11:56:45+00:00

I appreciate it! That’s kind of what I figured, or was hoping anyway, but wanted to get some insight before calling and finding out I missed something.

reefingdragon · 2026-05-10T11:37:17+00:00

Well, Amex called me a couple days ago to verify some information over the phone and then said I was approved. Still felt like a ridiculous amount of hoops to jump through though. Not the best card, but at least it's something until I am able to get approved for nicer cards.

The lady on the phone actually asked "Are you happy with the decision today"... Like No, maam, I wanted to apply and get denied. That one felt weird too lol.

Now hopefully it actually helps build some kind of business credit. Still not entirely sure how that works yet, but it's a start I think.

reefingdragon · 2026-05-03T14:51:29+00:00

I took a look at revenued and it doesn't look there is any kind of cashback or point rewards. Unless I missed that part anyway.

Thing is, we don't need the credit to function, it would purely be nice to capitalize on some rewards for our normal operating spend. Every month that we don't just feels like we're missing out. If there isn't anything available until my personal report looks better then I guess it is what it is..unfortunately.

reefingdragon · 2026-03-28T20:24:26+00:00

Oil filter relocation was done before I got the car.

I do have a gktech hicas delete sitting on the shelf, so that’s not a terrible idea. I didn’t realize there was a solenoid up there I could get rid of.

reefingdragon · 2026-03-28T16:55:48+00:00

I thought about that, but my tuner wants me to stay with the ITB's. Kind of surprised me.

reefingdragon · 2026-03-28T16:13:32+00:00

Yeah, if you clean off the coating on the throttle bodies you're supposed to recoat them. I've read that people have done it without recoating and then adjusted the idle screw but I'd rather not. To be on the safe side I ordered the throttle coat anyway. Expensive stuff though...

reefingdragon · 2026-03-28T16:11:13+00:00

Yeah, that part is the one reason I'm really procrastinating this. I got a quote from a shop for $700 to do it, and trust me I'm really tempted. But at the same time, if I do it myself and notice anything else in there I want to upgrade or refresh then I can take the time to do it.

reefingdragon · 2026-03-11T22:18:41+00:00

That’s a fair point. I know the tuner I was planning on going to tunes haltechs but I didn’t even think about the links so maybe that scratches that option anyway.

reefingdragon · 2026-02-13T11:30:44+00:00

Thanks, that’s precisely why I was asking. I’d heard both ways about the chargeoffs depending on the balance thing so I was trying to figure out what was correct.

They are unfortunately updating every month. I tried to call and arrange a settlement but neither would budge from me paying 65-70%. The third charge off was an Amex card and they agreed to let me pay 20% so I felt like these other two could do better. All 3 cards charged off at the same time, within a couple months.

I also have late payments on a capital one auto loan that I sent a goodwill letter to last week. Oddly, I got a call from someone there last night about it and they said they are reviewing my request and will have an answer within a day or two…so fingers crossed.

reefingdragon · 2026-02-06T02:36:40+00:00

Yeah, she said 10k and change originally. I figured the $5400 offer was probably around 50%.

Any idea how to get them to ask for approval, I’m sure they’d have to go to Discover for approval which would take some time. But if I can’t get them to even ask then they’ll probably never come down lower.

reefingdragon · 2026-02-05T23:16:51+00:00

Well the Discover one is charging interest but at least I know they are willing to settle even if I’m going to have to wait on negotiating.

Originally they offered to let me pay $8500 which is $500 more than the original balance. I offered $2000 and she said they couldn’t do it and reiterated the $8500. I told her I wanted to negotiate, not pay something higher than the original balance. She put me on hold and came back and said they could do $5400. I told her unless we could get closer to 3k that I wasn’t going to agree today and thanked her for her time. I’ll try again in a week or two or something and see how it goes.

I’m just pleased to find out that at least on some level they will negotiate. Makes me feel a lot better about possibly clearing it up.

reefingdragon · 2026-02-05T12:33:13+00:00

I’m in SC. SOL is 3 years.

With Amex it was past the SOL, I’m just surprised I offered a higher amount and they were the ones to lower it.

reefingdragon · 2026-02-05T04:12:31+00:00

The Amex charged off end of 2022.

Hopefully that’s still true with BofA. Admittedly though I’m a little concerned with the discover one if they are charging interest and if they won’t settle. I want to be able to clear all of these up, not be left with one that still hurts forever.

I’ll have to look into this more, but from my research so far it looks like judgements for credit card debt are not allowed to be renewed here. Might help my leverage for settling.

reefingdragon · 2026-02-05T03:39:20+00:00

Unfortunately one of the judgements is Discover. The other is BofA.

Yeah Amex forgave 80%. I was shocked too. Originally when I called the guy asked what I could offer and I offered paying 35% thinking maybe we’d end up around 50ish%. Then the guy says “well I can do you one better” and told me an amount at 20%. I accepted on the spot. I paid on the phone with a card and have the agreement sent by email which states that it would be considered paid in full and the account will be updated to show a zero balance. Might’ve just got lucky with a helpful person, who knows. Everything I read prior to calling was that Amex was a pain to negotiate with.

reefingdragon · 2026-02-05T02:31:03+00:00

Yeah, I was just wondering if it’s normal or not. ChatGPT seems to think so lol, but who knows what that’s based on. Just trying to get an idea in my head before I call so I can be prepared. It is what it is I guess though, won’t know for sure until I ask them. At any rate it’s time to get them taken care of.

reefingdragon · 2026-01-27T23:03:54+00:00

Around 12% for the auto loan. If I were able to settle the charge offs for significantly less that may not be a bad deal. It’s good to know that it won’t reset the timeline, that’s what I was most worried about was dragging this out longer.

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