the times of kryptoniteglows

I got denied for a new credit card:

Balances on accounts are too high compared to credit limits

The outstanding debt on your credit accounts is too high

Awesome, basically the same reason twice. So I decided to figure out exactly what it is that I owe, to my surprise, it’s over $10k on my credit cards alone. It’s $11,863.10 to be exact. And my combined credit limits are $18,300, so I’m at a utilization rate of close to 65%!

Man oh man… I am a little screwed… If I do take winter session, that is about $1400 and up coming semester will be about $4000 plus I haven’t made a $4000 contribution to my roth IRA yet for 2006.

My eyes are still bugging out of my head with those figures.

This entry was posted on Thursday, December 14th, 2006 at 11:35 pm and is filed under Blog. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.