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Moderator Emerita
Posts: 27,204
Registered: ‎09-13-2012
0

Re: Credit card suggestions, what should I try to get?

Oh thanks, myjourney

OP: best advice I can give is to get your util down. Applying for new cc's will not be in your best interest. Once paid, I'd sd the high APR cc's and never carry a balance on them.

Myjourney is absolutely correct. High util plus liens will not make your cr profile acceptable to the lenders you desire.
Contributor
Posts: 130
Registered: ‎03-28-2013
0

Re: Credit card suggestions, what should I try to get?


myjourney wrote:

Double edged sword tax liens and high UTL 

I recommend you hit the garden and pay down debts 


+1 Garden. Btw impressive that you have a 3000 line from Target, but how on earth do you have a 2500 balance? Nice job with the Barclays jumps too! But yeah, I'd try to pay those down. ASAP.

I got some cards with some credit limits. Some are better than others.
Valued Contributor
Posts: 1,912
Registered: ‎07-17-2012
0

Re: Credit card suggestions, what should I try to get?

Thanks for the replies! I totally understand where you are coming from reguarding paying down the balances. I actually didn't think they were that bad. Only two cards are carrying a balance but Target is a little on the high side (electronics dept shopping). The rest are either PIF by the due date or not getting any use. Utilization currently about 38% reported. 

 

As for the tax liens, I didn't get the winning Powerball ticket that I requested last night so they aren't going anywhere. 

 

My reason for getting another card or two is to have cards with higher limits and lower interest. But I guess your right, I need to do a little work to make that happen.  Barclay's has the low interest offer so if I pay down Target, I'll have Barclays as the only card with a decent balance (utilization on that card would be less than 50% then). I'll probably have a better shot at being approved for better cards.  

 

 

Cap 1 Venture $15KCap 1 Venture One $13KCap 1 Quicksilver $12K“BarclayCap 1 Quicksilver $10KApple Rewards $4400Merrick $2200Lowes $17KWalmart $15KJC Penney $10K
|**$15000**|***$13000***|****$12000**|***$10500***|***$10000***|****$7400***|***$2000***|***$17000***|***$15000***|***$10000**|
EQ08 - 725 | TU08 - 739 | EX08 - 736 |

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