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Discover CLI 6 month rule ???

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Brian_Trying_700
Frequent Contributor

Discover CLI 6 month rule ???

Hi everyone. 3 weeks ago I got a Discover more card with a $1600.00 limit. I own a heating & cooling company and I plan on putting this card to work. Just a furnace and a/c unit alone can cost me $1000.00 each. My credit score is 658 with one baddie. If I charge $1000.00 should I pay it off in a day or 2. What is the best way to do this. I spend over 40k  a year in parts & equipment. I was always a checking account person. Thats why my credit score is low.

Garden mode till 11/19/2013 Amex Zync 500 H-L I Discover More 1750 I Capital One Rewards 1750 I Barclay Apple 1500 I Macys 2000 I Orchard 400 I Walmart 2000 I Chase Freedom 1500 I Lowes 1K l Barclay NFL 1K l Wright Express gas 2500 l PayPal Debit MasterCard BusinessCard $ ?
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LS2982
Mega Contributor

Re: Discover CLI 6 month rule ???


@Brian_Trying_700 wrote:

Hi everyone. 3 weeks ago I got a Discover more card with a $1600.00 limit. I own a heating & cooling company and I plan on putting this card to work. Just a furnace and a/c unit alone can cost me $1000.00 each. My credit score is 658 with one baddie. If I charge $1000.00 should I pay it off in a day or 2. What is the best way to do this. I spend over 40k  a year in parts & equipment. I was always a checking account person. Thats why my credit score is low.


-Have you ever tried for a business credit card??
-Also where did you get your score at?
-How does your EX file look?



EQ FICO 548 3/3/16
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Brian_Trying_700
Frequent Contributor

Re: Discover CLI 6 month rule ???

 I never tried  for a business credit card. I'm a LLC. I use nothing but Fico for a score. My Ex right now is a 659. In October i got a Amex Zynx and within this month I recieved the Discover More card. Im thinking no more hard pulls.

Garden mode till 11/19/2013 Amex Zync 500 H-L I Discover More 1750 I Capital One Rewards 1750 I Barclay Apple 1500 I Macys 2000 I Orchard 400 I Walmart 2000 I Chase Freedom 1500 I Lowes 1K l Barclay NFL 1K l Wright Express gas 2500 l PayPal Debit MasterCard BusinessCard $ ?
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