Credit Card Center Advertiser Disclosure†
08-08-2008 11:43 AM
My annual HHI is 185K
08-13-2008 11:57 AM - edited 08-13-2008 12:01 PM
11-07-2008 03:35 AM
Congratz on the credit limit development, plasticguy. Obviously, having the income and assets does the trick and is a no-brainer, but I do have two questions for you. How long did you have to build the history to drive the limits up that high, and do you think it was more important to maintain low utillization (say 1-9%) or to maintain a no late payment (at all) history?
As for the Amex Blue, they gave me a starting limit of $1000 and purchase APR of 8.99% variable (best marketed APR but probably lowest limit they offer at this time). I blame the onging near-recession by definition (true recession in my mind) and a score of 725 (11 year history, ~15% utilization, no baddies of any kind ever, credit mix of mortgage, HELOC, credit cards, auto, and student loans), but it does make me wonder if any Amex card is really worth getting. Three other cards (Chase Freedom World MC, $17,500; Capital One NoHassle Miles Visa Signature, $5000; and a Chase Platinum MC, $13,500) are accepted more worldwide, give better rewards, are credit cards versus charge, and all carry no annual fee - unlike any of the higher end Amex cards. I have to admit it would be cool to see the Chase Freedom jump to the World Elite level but only if the annual fee is still $0 (about as likely as McCain was to win the election) .
11-07-2008 03:41 AM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.