12-20-2012 11:29 PM - edited 12-21-2012 01:17 AM
Its the end of 2012 and I am ready to close out my credit one account, what is my next move ? My credit one has been open about a year and has a limit of 500.. The high AF, low limit, high % and no rewards make me want to light this one on fire... I am ready to take a INQ but I don't want to it to be for nothing..
Can any current card holders give me info on approval chances with Discover IT ?
9 open trade lines
UTI is 30%
INQS EX- 21 TU-8 EQ- 19 last two years
one the job for 6 years at the house for 8 years
income just over 75k I took a pay cut this year :'/
last missed payment was 3 years ago 1 showing collection on EX for 200
one charge off for 1100 that was paid in full in 07 ( cap one )
walmart currently showing 656 small drop from last month ( I let my AMEX report a balance )
I am 99.99 percent Ready to app on this one, I was talking to a buddie who said the IT would be mid to upper 600's with paid collections friendly. But I have had two drinks and think its best to find out from those of you who know more. Thoughts?
** UPDATE** decided to just do it! apped and approved my highest limit as well, have my own 1k card now ( i know its not much but its a start) thanks for the info guys
12-20-2012 11:36 PM
I don't want to be a late night downer, but u should try and get UTL down and then try and find someone who pulls TU. idk what discover Pulls.
12-20-2012 11:44 PM
I had the same thoughts. I took the plunge and applied tonight. I didn't get the instant denial. I received a message to call in during business hours. Probably to verify information.
12-20-2012 11:46 PM
12-21-2012 12:03 AM
Thanks guys, yeah I thought even if I did get approval my uti was too high to get a nice prime limit.. Granted I have been building my credit up for a year my high is only $750 from both GE and Capone. I will wait and see what others say.. How about another question should I weed out my low limit cards now ? I have four cards under 500 limit that I don't use at all.. All open just about a year is it time to go ?
target, express, and two jewelry cards Jared's galleria and key jewelers ranging from 200-350 limits do these hurt my chances for a higher limit ?
12-21-2012 12:44 AM
12-21-2012 05:26 AM
Cngrattttttttttreatwe treat them welll
12-21-2012 02:58 PM
I called customer service today and my application could not be found. I decided not to apply again because my Merrick will double to $2000 next month and it will be my highest CL. Once that line reports I'll apply for the IT and hopefully get at least a $3000 limit.
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