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Contributor
Posts: 96
Registered: ‎06-24-2012
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Did i sell myself short?

So I got my Amex Experian fico score in the mail, 788.  Add that to my 779 Transunion.     I did not apply for any visa signature cards because my highest limit at the time was $2000, I didnt think I had a shot.  But did I sell myself short on the cards I applied for?  My income is rather low, which I thought would play another negative factor in a Signature card approval.

Zync NPSL, BCP ($2000), Chase United ($2000) Chase Amazon ($1500), Chase Freedom ($3000), Discover More ($2000), Paypal Extras ($5000), Citi Forward ($2000), Orchard $2000, Amazon ($5000)
Pre-App Scores: TU98 779, TU04 797, EQ 682, EX 788 (Amex) 8/12
Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
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Re: Did i sell myself short?

No you didn't.  Remember high score doesn't mean high limit.  There are people in high 600s with 30k limits.  However given your scores, you should be actively trying to push your limits up.  Pick carda issuers with cli friendly policies like Amex.

               LIMITS IN CARD DESCRIPTIONS
Contributor
Posts: 96
Registered: ‎06-24-2012
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Re: Did i sell myself short?

Okay, I thought I made decent decisions given my information/credit history.  I plan on nurturing my Amex relationship best I can. Thanks.

Zync NPSL, BCP ($2000), Chase United ($2000) Chase Amazon ($1500), Chase Freedom ($3000), Discover More ($2000), Paypal Extras ($5000), Citi Forward ($2000), Orchard $2000, Amazon ($5000)
Pre-App Scores: TU98 779, TU04 797, EQ 682, EX 788 (Amex) 8/12
Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
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Re: Did i sell myself short?

When is your 61 day with Amex revolver?  Of for the 3x cli.  Also, consider getting gemb issued card from store you shop at or get visa/mc/discover version so you can do the 4 month cli request.

               LIMITS IN CARD DESCRIPTIONS
Contributor
Posts: 96
Registered: ‎06-24-2012
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Re: Did i sell myself short?

Amex still has a bit of time for the 61 days.  I also got a Paypal Extras Mastercard to nurture the CL on.

Zync NPSL, BCP ($2000), Chase United ($2000) Chase Amazon ($1500), Chase Freedom ($3000), Discover More ($2000), Paypal Extras ($5000), Citi Forward ($2000), Orchard $2000, Amazon ($5000)
Pre-App Scores: TU98 779, TU04 797, EQ 682, EX 788 (Amex) 8/12
Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
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Re: Did i sell myself short?


SoCalBound wrote:

Amex still has a bit of time for the 61 days.  I also got a Paypal Extras Mastercard to nurture the CL on.


from a credit perspective, your goal should be to build your cl's.  Those two cards will help.  Good luck.

               LIMITS IN CARD DESCRIPTIONS
Established Contributor
Posts: 665
Registered: ‎08-02-2011
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Re: Did i sell myself short?

Not trying to hijack the thread, but, Crashem, is your account with JFCU a line of credit? I ask because there is another thread going on that is discussing Amex's alleged disdain for LOC accounts....

TU FICO: 772 (Discover) • Exp FICO: 772 (Citi)

Amex BCE $13K | Amex Costco TE $10.4K | Amex SPG $5K | Chase Freedom Visa Signature $15K | Chase Sapphire Preferred Visa Signature $15K | Chase Ink Plus World Elite MC $5K | Citi TY Preferred World MC $10.1K | Citi Forward $10K | Citi Diamond Pref $7.6K | Discover IT $9.9K | JP Morgan Chase Select Visa Signature $9.2K | NFCU CashRew Visa Sig $25K | NFCU LOC $15K | NFL Visa Signature (Saints) $8.1K | USAA Amex $11.3K | USAA World MC $11.5K
Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
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Re: Did i sell myself short?


searchingfor67 wrote:

Not trying to hijack the thread, but, Crashem, is your account with JFCU a line of credit? I ask because there is another thread going on that is discussing Amex's alleged disdain for LOC accounts....


I'm not sure if I understand.  I know many lenders do not like consumer finance loans.  Not sure why they would care about loc.  link to thread?  As for my jloc, it is fairly unique.  Basically it is a loc that reports as installment loan with 0 balance so helps my types of credit fico wise.

               LIMITS IN CARD DESCRIPTIONS
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Established Contributor
Posts: 665
Registered: ‎08-02-2011
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Re: Did i sell myself short?

Credit-Cards/NFCU-LOC-reporting/td-p/1545412

 

 

TU FICO: 772 (Discover) • Exp FICO: 772 (Citi)

Amex BCE $13K | Amex Costco TE $10.4K | Amex SPG $5K | Chase Freedom Visa Signature $15K | Chase Sapphire Preferred Visa Signature $15K | Chase Ink Plus World Elite MC $5K | Citi TY Preferred World MC $10.1K | Citi Forward $10K | Citi Diamond Pref $7.6K | Discover IT $9.9K | JP Morgan Chase Select Visa Signature $9.2K | NFCU CashRew Visa Sig $25K | NFCU LOC $15K | NFL Visa Signature (Saints) $8.1K | USAA Amex $11.3K | USAA World MC $11.5K
Established Contributor
Posts: 665
Registered: ‎08-02-2011
0

Re: Did i sell myself short?

http://ficoforums.myfico.com/t5/Credit-Cards/NFCU-LOC-reporting/td-p/1545412

 

 

TU FICO: 772 (Discover) • Exp FICO: 772 (Citi)

Amex BCE $13K | Amex Costco TE $10.4K | Amex SPG $5K | Chase Freedom Visa Signature $15K | Chase Sapphire Preferred Visa Signature $15K | Chase Ink Plus World Elite MC $5K | Citi TY Preferred World MC $10.1K | Citi Forward $10K | Citi Diamond Pref $7.6K | Discover IT $9.9K | JP Morgan Chase Select Visa Signature $9.2K | NFCU CashRew Visa Sig $25K | NFCU LOC $15K | NFL Visa Signature (Saints) $8.1K | USAA Amex $11.3K | USAA World MC $11.5K
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