@Tszone wrote:
@Anonymous wrote:
@Tszone wrote:
@Anonymous wrote:@I agree with @Kenny. That is a large amount and you may not get any AA, but you need other limits to cushion you a bit. What is the summation of your all limits on your cards if you don't me asking?
Well I closed just over 5K this week but open around 50k this week. closed 1,750 X2 plus $900 and $1400 and open, cap1 20k and 5k, BBVA 10.5k, Citi 6.6k and 2.8k total rewards.
So 50k in available credit? If you don't don't use any of your cards and just carry the $15,000 balance, it means you are 30% utilization. As lond as you pay more than the minimum every month, you should probably be fine. But don't close any more cards no matter how small the limit is.
No I have over 100k in available credit, that is just what I open in last week.
Then you will be fine. Don't close anything else
..
I don't see too much to be concerned with, if you don't plan on leaving it there the whole 84 months. 
Lenders might spook a bit if they see minimum payments, but as someone said you have a good explanation.
Note that even at 5.99%, that's $73.85 monthly just in interest.
Are you military or veteran? Discounts may be available if so.
@Bman70 wrote:
I don't see too much to be concerned with, if you don't plan on leaving it there the whole 84 months.
Note that even at 5.99%, that's $73.85 monthly just in interest.
Are you military or veteran? Discounts may be available if so.
Another very good point...
As long as you're doing the responsible thing, I can't see where it will hurt besides your scores for a bit. I got an RH card for the purpose of buying some chandeliers and had 99.9 UT on that card. Still owe them about half but it was 12 months same as cash. No one got spooked over it. I just kept charging my others and pif all but 1 or 2 with small balances. They're there to use if need be. Now I put 15k across 4 cards. Just started paying them a grand a piece. Will take about 3 months to pay them off. Will do the same again once they're paid. Still buying furniture!. Go ahead and buy what you need. 
@Anonymous wrote:As long as you're doing the responsible thing, I can't see where it will hurt besides your scores for a bit. I got an RH card for the purpose of buying some chandeliers and had 99.9 UT on that card. Still owe them about half but it was 12 months same as cash. No one got spooked over it. I just kept charging my others and pif all but 1 or 2 with small balances. They're there to use if need be. Now I put 15k across 4 cards. Just started paying them a grand a piece. Will take about 3 months to pay them off. Will do the same again once they're paid. Still buying furniture!. Go ahead and buy what you need.
Exactly. That's what credit is for after all to allow you to purchase things for whatever reason. (So, I think as long as you're making an effort to get it paid as you're able, then the scores will be what the scores will be.) Every effort, of course, should be made to make the purchase have the biggest bang for your buck since you'll be financing at 6%. As we know from credit card rewards that can pile up faster than you're maybe aware of. Something to be aware of, but not to scare someone off from making the purchase they want to make. One just needs to be cautious with other aspects of their credit profile if they're going to make this card maxed. Don't want to spook any lenders and cause a cascading effect.
