07-11-2013 11:25 AM
07-11-2013 06:59 PM
Agree with LS, ryanbush and enharu. Since you aren't in a hurry definitely get that util down. I know how much you want a decent CL!
+1. Your util is too high and even if you get approved somehow, it will affect your starting CL.
07-11-2013 07:29 PM
I would wait for utilization . Also do you still on planning to reduce you GE credit limits?
TU 715 No apps to 05/13 cash+ 5/13!!! 738 TU CSP April 13!!!CSP approved May 13!!!
07-11-2013 07:40 PM
Before the ERT gets called or any of the usual ba**busters start on their mission; Lol
Be forewarned- I am in no hurry to app.
Just a question:
Would Chase approve me for a CSP if I have a near maxxed out $5k Freedom?
My Freedom is maxxed just bc it's in the 0% period; it won't end til Nov. Ive been paying 5-10% of the bal on avg each month. I will PIF before the interest begins accruing so if I decide, I could wait until that util is <30%, nbd.
Fico: 680-720 across the board +/- 20 pts.
Aaoa: 3+ years
I also have a Slate and a Platinum, which had 700 & 3200 cls- they are closed and pif, and are from 07-08.
Oh and I've tried that "pre-approval" thing on the site. It never works lol
As others have pointed out I think IMHO pay your balances down and you'll be good to go.
I also have never had any luck with Chase pre-approval site don't know why everybody's else works....hummmm
07-12-2013 07:21 AM
07-12-2013 07:24 AM
Buckeye- great experience info!!! I will def remember that!!
What I might do is maybe pay off my Freedom and xfer the whole limit to a CSP if auto denied.
I'd be sure to app and recon to ensure receipt of bonus lol!
My $24,500 BCE Amex limit has reported, but my new $5500 Delta Gold hasn't.
I'm just considering this as a pif card that would give me tons of bonus points, plus I do all of my checking banking(not savings; Chase pays horrible savings aprs) Ive been banking w Chase for four+ years. It'd be nice to have for occassional travel, and I eat out frequently.
Also, remember folks that my Freedom is my only nearly maxxed out card. Since Citi closed my Diamond account, which was my only other nearly maxxed out card, I've paid down that balance. I can have my Freedom balance reduced from $4700-2000 by September.
My overall util is still way below 15%- prob more like 9-10% at this point; that number will be reduced even further once that Freedom card gets paid down.
And I havent quite decided which GE accts to close/which limits to cut. I need to make a post with a list to get some input :-/
Doing some quick math based on your signature... 15% UTIL for you is approx $25,000. With $25,000 outstanding, do you think a new Chase card is the best decision? I'm not trying to be rude, but where's the line with credit cards?
07-12-2013 07:28 AM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.