Reply
Frequent Contributor
creditwatcher2012
Posts: 456
Registered: ‎06-27-2012
0

26k with GE

Went from a total of 1k to 26k via credit solutions in about a month..... What's my chances of AA?
Senior Contributor
B335is
Posts: 3,201
Registered: ‎09-22-2012
0

Re: 26k with GE

How many cards is the $26k spread over and how old are the accounts?

 

I pushed them hard about 6 months back, then backed off due to hearing some stories of AA beginning to surface.

Frequent Contributor
creditwatcher2012
Posts: 456
Registered: ‎06-27-2012
0

Re: 26k with GE

Spread accross 4 cards
Lowes 12k
Walmart 4k
American eAgle 5k
Dillards AMEX 5k
Senior Contributor
B335is
Posts: 3,201
Registered: ‎09-22-2012
0

Re: 26k with GE

I think you're fine.  I believe the issue was with people ~$100k in total credit with them.  I'm at $59k across 5 cards; so far so good <fingers crossed>

Frequent Contributor
creditwatcher2012
Posts: 456
Registered: ‎06-27-2012
0

Re: 26k with GE

Yea I hope so too, good luck to you too lol
Valued Contributor
SunriseEarth
Posts: 3,331
Registered: ‎08-12-2013
0

Re: 26k with GE


creditwatcher2012 wrote:
Went from a total of 1k to 26k via credit solutions in about a month..... What's my chances of AA?

Well, that's definitely impressive, but certainly dramatic.  I'd stay under the GE radar for a bit, just in case, though. 


Start: 619 (Wally, 9/2013) | Current: 668 (Wally, 8/5/14), 703 (EQ myFICO 8/13/14)
Care Credit $10200 | AMEX BCE $4500 | AMEX Costco TE $3500 | Macy's Special Events $2900 | CU Visa $2500 | JCP $1900 | Sony Card $1500 | Walmart Store $1400 | Macy's Revolving $1200 | Merrick $1200 | Amazon Store $1200 | Target $1000 | Cap 1 QS1 $1000 | VS $550 | Gold Violin $550 ~~Gardening Since 8/19/14
Moderator
09Lexie
Posts: 24,903
Registered: ‎09-13-2012
0

Re: 26k with GE

It's a little late to be worried about possible AA's now. What's done is done.

It may not be the dollar amount of your CL's but the race to get them that might raise red flags.
Established Contributor
Smug
Posts: 961
Registered: ‎12-21-2010
0

Re: 26k with GE

Be careful it will bite you in the arse
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+