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Established Member
Posts: 37
Registered: ‎06-06-2012
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Advise for mom

Hello all

I am trying to help my mother out with her credit cards. Her score is excellent; 732 with no lates or collections etc. however she has a slightly high utilization which I am trying to help her with through a BT. It's not only for her credit score but her finances in general as she is being wiped out by a sears store card hitting her for 65 bucks a month in interest. We append for the slate and it is pending, cap1 denied her for the platinum prestige. Should we try the freedom, a citi, or the discover more?? She can afford that interest but its just not right for her to be paying so muvh a month and support on that card sucks.

Thanks so much all... looking forwards to your opinions
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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Re: Advise for mom


mirving1957 wrote:
Hello all

I am trying to help my mother out with her credit cards. Her score is excellent; 732 with no lates or collections etc. however she has a slightly high utilization which I am trying to help her with through a BT. It's not only for her credit score but her finances in general as she is being wiped out by a sears store card hitting her for 65 bucks a month in interest. We append for the slate and it is pending, cap1 denied her for the platinum prestige. Should we try the freedom, a citi, or the discover more?? She can afford that interest but its just not right for her to be paying so muvh a month and support on that card sucks.

Thanks so much all... looking forwards to your opinions

I would recommend Barclay's Reward MC.

 

https://www.barclaycardus.com/apply/Landing.action?campaignId=1654&cellNumber=3&referrerid=BCUSORGOG...

 

-0% BT's for 15 months (3% fee)

-0% Purchases 15 months

-$50 CB on 1st purchase

-No AF

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Moderator Emeritus
Posts: 7,225
Registered: ‎09-16-2011
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Re: Advise for mom

Citi diamond and discover more have generous BT terms. I would look at both of those cards. Does she have other cards that she manages well? Is the sears card the only instance where she has spent beyond her means to pay it off in full?

I wouldn't encourage her to apply for more cards. Slate is fine for her needs. What are her current cards and balances?

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



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Established Member
Posts: 37
Registered: ‎06-06-2012
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Re: Advise for mom

The problem with the sears is her deadbeat boyfriend was supposed to pay it before the interest free period ended and he didn't so she got hit with 510 dollars interest in August

The thing is the slate is pending and I don't know if she got accepted. She isn't a CC person like us. She has a few store cards she pays in full and a USAA rewards but that's it. Should I put in a few other apps tonight? I'm worried if cap1 denied her for the plat prestige she won't get the slate...
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Valued Contributor
Posts: 2,285
Registered: ‎09-16-2011
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Re: Advise for mom

Chase hates high UTL when you apply. Is there anyway to pay down the balance some even if just juggling the money, Put bills on a credit card or take money out of savings and pay down the Sears card then apply for Chase Slate and then balance transfer to get things under control. If she has only one card and no savings or way to make the UTL seem lower she doesn't have much chance with Chase. 

 

 

 

 

Cards: Chase Southwest 20k & CSP 10k & Freedom 6.6k & Amtrak 4.6k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Fidelity AMEX 12k Sally Mae5k Sams Club MC 10k, Paypal Extras MC 6k, CapOne Venture 15k, QS 2.5k, QS 750, Amazon 5k, Walmart 10k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 10k and a nice stack of store cards.
Last APP/HP 4/22/2015
Established Member
Posts: 37
Registered: ‎06-06-2012
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Re: Advise for mom

Do you think I should app freedom as well or see if slate is denied and call recons for a freedom?

What about citi or discover? There has got to be something out there for her...
Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
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Re: Advise for mom

Idk... What's her overall util? I got a $5k Chase Freedom on recon with about 10% overall util but very high util on one card. I had to fight for it though lollll!

When in doubt, call recon!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Established Member
Posts: 37
Registered: ‎06-06-2012
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Re: Advise for mom

I will definitely call chase recon if they do deny her.. it's pending so ill keep fingers crossed. Should I put in for the freedom as well? Also are there any other CC I should try for her tonight?
Moderator Emeritus
Posts: 7,225
Registered: ‎09-16-2011
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Re: Advise for mom

Citi diamond

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



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Established Member
Posts: 37
Registered: ‎06-06-2012
0

Re: Advise for mom

Ok... no discover?
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