I had three of them and the total came to $1k so that was a nice chunk of change to get back.

Its kind of funny that the only reason I knew that I could cancel within the first year was due to the last warranty (a hard sell and he knew we didn't want it so he told us to get it, schedule our annual checkup and then cancel, we agreed to avoid the hassle).

The first two were on scratch n dent items and the first item had even had its price lowered by the amount of the warranty. Remember the $700 frig that retails for $3000? Well, now its a $400 frig since the warranty was completely refundable.

If any of the items do die or need repairs in the first 5 years (unlikely at this point) then the 1k can be used to pay for it. In the meantime, that 1k means a much more comfortable cash position while we pay off our debts.

I am so psyched about being able to do this. Normally when I go looking for money in my budget, I don't have nearly so large an amount of untapped resources (because I don't usually waste money on warranties or on anything refundable).

This also means my IRA contributions can be put on max per month starting in September. Which, incidentally is why I went looking for more money. The idea of letting my retirement languish because of my debt is a big no no for me.