Grateful to dig myself out and have folks take a chance on me financially

I feel grateful. I got a leased car.

My credit rating took a dive roughly two years ago. My rating was stellar before I ended up being late on a few payments for nearly three months. I have been mending my credit rating for the last year.

The combination of my being with the same car dealership for nine years and having a track record of always making my payments on time helped. I like that I am trusted even though I have made mistakes with my credit in the past.

I have had one financial bank fail to renew my credit card. The credit limit was $1,000. I was never late with my payments with this card. Yet, due to my credit rating, I couldn't be trusted by this bank. I have since paid it off.

I am down to two credit cards. One of them expires in a few months. Part of me has a feeling that this credit card company will do the same thing and not renew my card. The other part of me is hopeful that it will keep me on. However, if it does let me go as a customer, I won't be hurt by it. I would be okay with a single credit card and will reconsider having a backup card down the road.

The toughest part right now is getting my downpayment on my new car paid. I was expecting to do this exercise in January. The fact that it has been moved up by half a year took me by surprise. The good news is that I was able to negotiate a lower downpayment and still have lower lease payments.

Again, I am grateful. It's amazing how you are treated when your credit rating plunges. Your payment history or track record doesn't matter to most places. Your credit rating labels you. Occasionally, there is a glimmer of hope and I got it.