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.
-0% BT's for 15 months (3% fee)
-0% Purchases 15 months
-$50 CB on 1st purchase
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.