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Regular Contributor
rm3
Posts: 198
Registered: ‎03-02-2012
0

Can you have too many GEs????

[ Edited ]

Is there a certain limit on how many GE cards one should have? Might step out of the garden 4 WalMart, JCP, Amazon.

Starting EQ Fico: 536 (3/12)
Current EQ Fico: 649 (9/13)-lender pull
TU Fico: 684 (8/13) 711-lender pull 9/13
EX Fico: 646 (8/13) 655-lender pull 9/13
Established Contributor
TrishN
Posts: 505
Registered: ‎11-05-2012
0

Re: Can you have too many GEs????

No you can not have any ge credit card ! Bleep lol

10/2012 Started with 588 EQ Fico score and 20+ CA and CO
1750$ total CL
10/2013 in 700 Club
Personal :Total CL 196K
Business : Total CL 200K
Business LOC : 1M
Garden From 10/13/2013
Contributor
firstladyd
Posts: 143
Registered: ‎05-23-2011
0

Re: Can you have too many GEs????

You can have as many as they **bleep** approve you **bleep**

Starting Score: 585
Current Score: TU 734 Walmart EQ 704 FICO EX 721
Goal Score: 750 Across the board


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Regular Contributor
rm3
Posts: 198
Registered: ‎03-02-2012
0

Re: Can you have too many GEs????

*bleep* I want Wally, Azon, and JPenney
Starting EQ Fico: 536 (3/12)
Current EQ Fico: 649 (9/13)-lender pull
TU Fico: 684 (8/13) 711-lender pull 9/13
EX Fico: 646 (8/13) 655-lender pull 9/13
Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012
0

Re: Can you have too many GEs????

Go for it

Established Contributor
ccnewcc
Posts: 560
Registered: ‎09-29-2012
0

Re: Can you have too many GEs????

I don't think you can have too many GE store cards in terms of restrictions -- as in GE restricts you to a certain number or below a certain number.

 

 

But I do think that one can have too many GE store cards by election.  Instead of more store cards that can only be used in one store, why not get or use a normal credit card that can be used any where?

Regular Contributor
rm3
Posts: 198
Registered: ‎03-02-2012
0

Re: Can you have too many GEs????

Having a normal credit card is a must IMO. I do enjoy the perks that a store card gives like discount on gas, free TU fico, extra sale discounts, etc.

Starting EQ Fico: 536 (3/12)
Current EQ Fico: 649 (9/13)-lender pull
TU Fico: 684 (8/13) 711-lender pull 9/13
EX Fico: 646 (8/13) 655-lender pull 9/13
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011
0

Re: Can you have too many GEs????

store cards don't help you into primeville as much as you think for other credit cards, so only a few GE cards are worth it imo....

 

like with Chase they do not factor store cards into your utility. So if you hav $20,000 in GE credit limits and only a $5,000 discover card and your using $3,000 you won't get approved for much from Chase even though your utility is considered low to other lenders. It does help your Fico score but it's not worth applying for multiple store cards you rare or never use.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758

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