As the sands of time goes, so are the days of our lives.........................Well the husband, God bless him, went to the bank yesterday and sure enough the fee was because we don't owe the bank a cent nor do we have a large sum in savings. He spoke to someone and they suggested that we change to a different type of banking package. As long as we have an ACH deposit of at least $500.00 once a month, the fee will be waived. This will be no problem whatsoever due to his ACH is larger than that.
You know this is really sad because there are some folks out there who won't meet these guidelines and will be eaten alive with fees.
I can only imagine how paying off our mortgage will effect my credit score. As I read about it, our credit score is actually a debt score. It shows we have debt and how we pay it back. I once heard DAve Ramsey say that he doesn't have a credit score because he doesn't have debt.
For you guys out there who are debt free-how has your credit score or FICO been affected?