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Difficult time sitting on my hands...

Senior Contributor

Difficult time sitting on my hands...

Hmph.  I'm quickly reaching a frustrating point. 

 

All three CR's are clean, NO baddies.  High util and lots of inq's tho.

 

TU is 640, EX is 670, EQ 655.

 

I want "bigger and better" cards, but I know that IF I get approved, I'll just get more toy limit cards and that won't help me.

 

I believe that what I really need to do is nothing...reduce util and let inq's fall off...but it's awfully hard to do nothing while I feel like I should be doing something...

 

Itchy, itch...


Zero percent financing is where the devil lives...
10/01/17 Fico8 scores: EX 660, EQ 647, TU 663
01/01/18 Fico8 scores: EX 655, EQ 661, TU 650
04/01/18 Fico8 scores: EX 637, EQ 630, TU 644 ow!
Message 1 of 33
32 REPLIES
Frequent Contributor

Re: Difficult time sitting on my hands...

well what cards do you currently have?

Lender pulled 10-10-13
EQ Fico 715 | EX Fico 714 | TU Fico 703
Message 2 of 33
Senior Contributor

Re: Difficult time sitting on my hands...


iMacDrew wrote:

well what cards do you currently have?


Credit One.

Orchard.

Household.

Cortrust

Merrick

Blaze

Nationwide.

Discover Rewards.  (Was HSBC, now Cap One)

Kay Jewelers

Nebraska Furniture Mart.

Macy's

Walmart

Firestone

Fingerhut

Capital One

Capital One again.

Capital One Sony

Dell

Victoria Secret

Walmart again.

Paypal

Community America Credit Union.

Banana Republic.

Amazon.

Kohls.

Capital One. That's 3.

Capital One. That's 4.

Merrick Bank again.

JCPenney.

 


Zero percent financing is where the devil lives...
10/01/17 Fico8 scores: EX 660, EQ 647, TU 663
01/01/18 Fico8 scores: EX 655, EQ 661, TU 650
04/01/18 Fico8 scores: EX 637, EQ 630, TU 644 ow!
Message 3 of 33
Established Contributor

Re: Difficult time sitting on my hands...

What are your balances on each and each CL?

-Rebuilding with CapOne Cash: $1.5k, NFCU cashRewards $8.5K, NavCheck $5K, Wal-Mart: $1.1K, Sam's: $1.2K, Amazon: $1.9K, Apple Barclay: $3K, Haverty's: $1.5K, GE capital: $5K, Sears: $250(AU), PP MC:$1.5K, CareCredit:$3K (closed 1st home 05/08/13)
Starting Score: 492-TU04, 480-EX FICO V2, 467-EQ Beacon 5 (Via Mortgage PreQual March '12)
Current Score: EX,EQ,TU (lender pull): 652, 659, 689, Walmart TU FICO: 691 (05/13)
Goal Score: 700

Take the FICO Fitness Challenge

Message 4 of 33
Established Contributor

Re: Difficult time sitting on my hands...

Wow! so many heheh. Do you have toy limits in all of those?

Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Message 5 of 33
Senior Contributor

Re: Difficult time sitting on my hands...

19-Aug-12

Balance

Available

Line

Minimum

Due

Ratio

IP?

Tcb

 

 

 

 

 

 

 

CC1

$1,613.17

$11.00

$1,625.00

$81.00

11-Sep

99.27%

 

CC2

$557.58

$42.00

$600.00

$25.00

09/23?

92.93%

 

CC3

$788.79

$11.00

$800.00

$25.00

09/18?

98.60%

 

CC4

$726.80

$23.00

$750.00

$30.00

09/18?

96.91%

 

CC5

$1,650.91

$49.00

$1,700.00

$45.00

09/16?

97.11%

 

CC6

$695.99

$54.00

$750.00

$30.00

09/14?

92.80%

 

CC7

$2,205.84

$44.00

$2,250.00

$55.00

09/14?

98.04%

 

CC8

$432.70

$67.00

$500.00

$25.00

09/22?

86.54%

 

Kay

$0.00

$7,600.00

$7,600.00

 

 

0.00%

 

NFM

$1,129.30

$370.70

$1,500.00

$48.00

09/21?

75.29%

 

Macy's

$221.01

$578.99

$800.00

$25.00

12-Sep

27.63%

 

Walmart

$1,072.71

$102.00

$1,175.00

$32.00

09/13?

91.29%

 

Firestone

$1,107.65

$92.00

$1,200.00

$42.00

09/22?

92.30%

 

Fingerhut

$0.00

$600.00

$600.00

 

 

0.00%

 

CC9

$761.82

$0.00

$750.00

$23.00

13-Sep

101.58%

 

CC10

$724.18

$25.82

$750.00

$22.00

09/21?

96.56%

 

Sony

$491.84

$8.16

$500.00

$25.00

5-Sep

98.37%

 

Dell

$0.00

$1,000.00

$1,000.00

 

 

0.00%

 

VS

$0.00

$350.00

$350.00

 

 

0.00%

 

Wal2

$357.33

$42.00

$400.00

$25.00

7-Sep

89.33%

 

Paypal

$370.47

$129.00

$500.00

$25.00

5-Sep

74.09%

 

CACU

$1,925.14

$74.00

$2,000.00

$47.00

09/18?

96.26%

 

BaRe

$0.00

$300.00

$300.00

 

 

0.00%

 

Amazon

$44.97

$555.00

$600.00

$25.00

5-Sep

7.50%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Kohls

$269.26

$30.00

$300.00

$10.00

09/21?

89.75%

 

PC4

$441.95

$58.05

$500.00

$25.00

09/21?

88.39%

 

PC5

$698.48

$51.52

$750.00

$25.00

09/25?

93.13%

 

PC6

$1,505.30

$94.00

$1,600.00

$50.00

09/16?

94.08%

 

JCP

$349.03

$50.00

$400.00

$25.00

5-Sep

87.26%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TCB

$20,142.22

 

$32,550.00

 

 

61.88%

 

 


Zero percent financing is where the devil lives...
10/01/17 Fico8 scores: EX 660, EQ 647, TU 663
01/01/18 Fico8 scores: EX 655, EQ 661, TU 650
04/01/18 Fico8 scores: EX 637, EQ 630, TU 644 ow!
Message 6 of 33
Moderator Emeritus

Re: Difficult time sitting on my hands...


tcbofade wrote:

Hmph.  I'm quickly reaching a frustrating point. 

 

All three CR's are clean, NO baddies.  High util and lots of inq's tho.

 

TU is 640, EX is 670, EQ 655.

 

I want "bigger and better" cards, but I know that IF I get approved, I'll just get more toy limit cards and that won't help me.

 

I believe that what I really need to do is nothing...reduce util and let inq's fall off...but it's awfully hard to do nothing while I feel like I should be doing something...

 

Itchy, itch...


 

I know that it's hard to sit back and wait, I really do. But your goal is bigger and better cards WITHOUT toy limits, and you don't believe that this is likely to happen right now. You've listed a good number of cards, so you have plenty of opportunity to develop history with them. For now, you'd be best served by focusing on bringing your util down -- make that your immediate, short term goal. This will give you something positive on which to focus while you garden your cards. It seems to me that you need nothing further at this point other than time, and that's something that simply can't be rushed. Hang in there!

 


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Message 7 of 33
Established Contributor

Re: Difficult time sitting on my hands...

+1


Starting Score: 722
Current Score: Now 687 what the hockey sticks...from a 784 (Aug 12 EX 751 EQ Fico)
Goal Score: 800

If your outGo is more than your INcome than your UpKeep will become your downFALL.

Take the FICO Fitness Challenge


Message 8 of 33
Valued Contributor

Re: Difficult time sitting on my hands...

Sheesh.  CALM DOWN.  You know the answer, and you really need to sit on your hands.  You aren't going to accomplish anything credit wise that's any better than what you already have unless you wait a while - like at least a year if not more - and let your scores grow.  Your scores have to be higher to break out of the same viscious circle you are currently in.   Think strategically, not tactically, and when I say thinking strategically, think 10 years from now.  Smiley Happy  

EQ Fico 8 - 846
TU Fico 8 - 848
EX Fico 8 - 836
Message 9 of 33
Valued Contributor

Re: Difficult time sitting on my hands...

Wow that is some high UTL, I'm sitting here with 34,280 reported CL with a reported UTL of 20% and I think its way too high, paid off $2k of debt on friday, Waiting for the next 7 days  for a good part what I paid to report lower so it iwll go down about 4% and I will be happy missed reporting date of 2 cards by a day, paid them off, Itching  to request my CLI on my chase freedom card had it about 6 months, 3k limit want them to match my 2 highest limits of 6k, 7.5k would be absolutely awesome.  Actual UTL based on balances is at 13%, Chase freedom has a balance of $56 currently, waiting for reward point credit of $59 to post. Thursday I had about 11 cards with balances, will be down to 5 cards with a balance. 

 

TU fico at 685 with  21% UTL showing AAoA  13 months. 

 

Cards: Chase Southwest 20k & CSR 10k & CSP 10k & Freedom 6.6k & Amtrak/Freedom 4.6k, FNBO DISC 25.1k Oregon Duck 5k, & AMEX BCP 32.5k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Fidelity AMEX 17k Commerce5.9k & Cash Forward 7.5k & Sams Club MC 12.5k, Paypal Extras MC 8.5k, CapOne Venture 15k, QS 2.5k, QS 750, Amazon 5.9k, Walmart 10k, Citi Simplicity 9k, Discover IT 16k and a nice stack of store cards.
Last APP/HP 5/15/2017 Marcus Loan. 30k
Message 10 of 33