04-01-2008 03:58 PM
04-01-2008 04:02 PM
04-01-2008 04:07 PM
04-01-2008 04:40 PM
04-01-2008 05:59 PM
If I'm reading this right, the only advantage to this card's BT is if you plan to take forever to pay off the little balance you have as most BT offers are only good for 6 months to a year. Does the 6.99% have anything to do with new transactions? If so, I'd gobble this card up.
jsk wrote:That 6.99% is NOT an introductory rate. As long as I make on-time payments, I get that rate. Yeah, I am not thriled with 6.99% BT, but don't have much to transfer anyway. I agree that 6.99% APR would be hard to get, and that's why I am considering.
04-01-2008 07:57 PM
04-01-2008 07:58 PM - edited 04-01-2008 08:00 PM
Sorry to TJ, but this thread has me thinking...would it hurt your FICO more to have 80% util on on card and all other cards at 10%? Or would it be better to have, let's say, 45% util on two cards and the rest below 10 %? Hmmmm.....
04-01-2008 07:59 PM
Sorry to TJ, but this thread has me thinking...would it hurt your FICO more to have 80% util on on card and all other cards at 10%? Or would it be better to have, let's say, 45% util on two cards and the rest below 10 %? Hmmmm.....Yes, one card at 80% will hurt your FICO.You are scored on overall utilization as well as individual utilization.
04-01-2008 08:01 PM
but, which scenario do you think would be better re: the indiv util perspective...seeing that overall util would stay the same?
04-01-2008 08:02 PM - edited 04-02-2008 04:18 AM
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