@CreditGuy03 wrote:I have
Barclays Carnival Mastercard $2000 - opened 2009
Capital One Quicksilver $1500 - opened 2009
Capital One Spark Visa Business $1000 - opened 2011
Target Redcard $350 - 2014
Home Depot $500 - 2009
My scores are around 680-690 range and I make about 75k a year.
Whenever I try to apply for another card either with my credit union or Barclays, Amex, Chase they always tell me I have too much credit and deny.
I had to beg and plead with the Underwriters just to get a CLI on my Barclays Carnival.
For those with More than 6+ Cards and more credit lines than me how do you do it?
What's your UTIL like? If it's high you might have better luck bringing it down below 10% or more. But not all the way 0%.
@uswala wrote:What are your utilizations like?
I never had anyone saying that to me and I earn just a bit more than half of what you earn. But I have always kept utilizations low, preferably below 10% and have always paid in full. Sometimes when I did big purchases, I paid them off the next day, so as toi keep the utilization low but keep the lenders interested in giving me better credit limits.
LOL! Jinx!
@CreditGuy03 wrote:I have
Barclays Carnival Mastercard $2000 - opened 2009
Capital One Quicksilver $1500 - opened 2009
Capital One Spark Visa Business $1000 - opened 2011
Target Redcard $350 - 2014
Home Depot $500 - 2009
My scores are around 680-690 range and I make about 75k a year.
Whenever I try to apply for another card either with my credit union or Barclays, Amex, Chase they always tell me I have too much credit and deny.
I had to beg and plead with the Underwriters just to get a CLI on my Barclays Carnival.
For those with More than 6+ Cards and more credit lines than me how do you do it?
If you're satisfied with what you have, thats great. Then just use as much of the credit cards limits as you want, pay as slowly as you want, and don't worry about a thing. Those negatives on your credit reports will probably fall off in 10 years anyways...
However, if you want to build your credit score, and become the customer they want to give larger credit limits to, and more cards to, then you have to use the credit you currently have as a tool to build a great credit report. So don't charge too much on the cards, and always pay in full. I'd say stay below 40% on any individual card, and less is probably better (10 - 20% perhaps). Did I say pay in full each month? Well I'm saying it again, pay in full!
Keep track of how many Inquries you have on each report and how old each inquiry is. Successful or not, each inquiry is reducing your credit score and making it less likely you will be successful in gaining either a new card or a credit increase.So you probably have to wait at least 6 months to let some of your inquiries get to be older than a year, and to make it so you don't have a large number of recent inquiries.
When you do try for a card or limit increase, go for something realistic. You have low credit scores and toy limits right now. If you apply for something like a Chase Sapphire Preferred that wants higher credit scores as well as experience with $5000 credit limits, then you are just wasting your chances.
Learn how to optimize your credit score just before applying for more credit. Read this and if you have questions, please ask us. http://ficoforums.myfico.com/t5/Credit-Cards/How-do-I-play-the-1-9-Utilization-Game-Please-Help/m-p/...
By the way, what baddies do you have on your credit reports?
@Themanwhocan wrote:
If you apply for something like a Chase Sapphire Preferred that wants higher credit scores as well as experience with $5000 credit limits, then you are just wasting your chances.
I guess I wasted my time applying for a CSP with a ~680 EX FICO. 
Approved for 5k with reported income similar to OP's