Or get a personal loan and wipe all your revolving debt off the map. That will boost it more than another credit card.
(shh, just not a consolidation installment but a Personal installment, there's a difference) If you apply for an installment tell them it's for personal use so they don't title it consolidation.
But best action would be to pay down debt and not apply for a new card. The new account will drop your score at the same time too even though it lowers UTL. If you can't lower UTL soon, consolidation to a new card could do it....
BUT getting a CLI and transferring it to an existing card is also better than applying for a new card. So might be better to request a CLI first for BT and request a special BT rate.
Ultimately, lowering your debt is first if you can pay it down.
CLI to move all to 1 card.
Personal Loan to wipe out revolving debt.
And probably last choice would be to apply for a new card.... Unless you wanted a new card and then applying would be for a totally different reason and that would be ok.
Just my opinions.
Message Edited by ilovepizza on
03-23-2008 10:55 PM