I recent paid off all my credit card balances down to 1.2% utization. My last credit card will be updated on the bureaus approximately on the 27th of the month which is a Tuesday.
Im off work on Sundays and Mondays which sucks, because I dont want to call off work just to go to the dealership and it doesnt work out for some reason.
if i went to the dealership prior to the 27th.. one credit card would reflect $18 over the limit. ( I paid it off in full.. but takes forever to get to the bureaus)
The card is only a $700 limit.
When i use simulator, it says my score will be 725 if I pay off 2.6k..bringing my utilization to 1%
So i tried my best to simulate what it would look like if that $718/700 card wasnt paid off.. So if i simulate that I pay off 1.9k my score still says it will be 725...
(my utilzation would be at 26% at that point)
*****BUT I KNOW SIMULATOR ISNT CALCULATING THAT THAT ONE OF THE CARD WILL BE OVER THE LIMIT**** Just overall utilization
Im going to be going to the BMW dealership to finance with $0 down.. so I dont want to get denied or charged a ridiculous APR.
I could take proof of balance from that bank to show the balance has been paid off.. but Idk.
What do you guys think my chances are? I originally thought of going through my credit union.. but from the day i apply.. it takes 24-48 hrs for an approval/denial...
HELP PLEASE!
