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Help me Stop! (please...)

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dodfire
Valued Contributor

Re: Help me Stop! (please...)

And hey, if you get all of the cards now......you will have nothing to look forward to later!!!

*8/10/13
Message 11 of 18
LS2982
Mega Contributor

Re: Help me Stop! (please...)

CONGRATS on your nice approvals!!!



EQ FICO 548 3/3/16
Message 12 of 18
tmbr10
Regular Contributor

Re: Help me Stop! (please...)

You have received some nice cards and limits while having a mediocre FICO score of 665. Congrats. The Barclays card may be signaling that the run is coming to a close as they all do. It appears that you have enough cards to keep you busy with management for the next two years when all the inquires will be gone.

 

If the temptation is REALLY that hard for you then I suggest putting a few charges on all of them and see how dealing with the monthly payments coming from all directions hits you Smiley Surprised


@peglegnmh wrote:

Hello All!

 

I've been a lurker for a while and finally decided to join... mainly because I need help/motivation/"tough love" to stop applying for credit.

 

Prior to my recent "spree" I had/did the following:

-Citi Dividend (since 5/2008): $0/$3800

-Wells Fargo Home Visa - Joint Account (since 8/2009): $0/$6200

-Sunoco/Citi Gas Card (since 10/2010): $0/$750

-Chase Freedom (since 7/2011): $0/$1000

-Barclay Apple (since 7/2011): $200/$2400 (0% interest for iPad)

-AMEX Zync (since 7/2011): NPSL

-Best Buy Rewards Mastercard (since 5/2012):$0/$1500

 

Then got my score from myFico (665) and this happened:

-Chase Freedom: $0/$5500 (increasedSmiley Happy)

-AMEX BCE: $10,000 (for gas/groceries) (Experian Score of 770??)

-AMEX Hilton: $3,900 (few vacations planned)

-Chase Sapphire Preferred: $15,000 (rewards)

-Citi Simplicity: $11,700 (0% interest for 18 months)

-Barclay Ring: Pending...Smiley Embarassed

 

For some reason I'm so tempted to get the Discover It... why, just a rush plus the rewards. Do I need them, nope.  Want them, yes.

 

Can anyone help me say "no" and enter the garden?  Any solid reasoning why I shouldn't other than way to map HPs on my report?

 

Thanks!

 




Message 13 of 18
09Lexie
Moderator Emerita

Re: Help me Stop! (please...)


@tmbr10 wrote:

You have received some nice cards and limits while having a mediocre FICO score of 665. Congrats. The Barclays card may be signaling that the run is coming to a close as they all do. It appears that you have enough cards to keep you busy with management for the next two years when all the inquires will be gone.

 

If the temptation is REALLY that hard for you then I suggest putting a few charges on all of them and see how dealing with the monthly payments coming from all directions hits you Smiley Surprised


@peglegnmh wrote:

Hello All!

 

I've been a lurker for a while and finally decided to join... mainly because I need help/motivation/"tough love" to stop applying for credit.

 

Prior to my recent "spree" I had/did the following:

-Citi Dividend (since 5/2008): $0/$3800

-Wells Fargo Home Visa - Joint Account (since 8/2009): $0/$6200

-Sunoco/Citi Gas Card (since 10/2010): $0/$750

-Chase Freedom (since 7/2011): $0/$1000

-Barclay Apple (since 7/2011): $200/$2400 (0% interest for iPad)

-AMEX Zync (since 7/2011): NPSL

-Best Buy Rewards Mastercard (since 5/2012):$0/$1500

 

Then got my score from myFico (665) and this happened:

-Chase Freedom: $0/$5500 (increasedSmiley Happy)

-AMEX BCE: $10,000 (for gas/groceries) (Experian Score of 770??)

-AMEX Hilton: $3,900 (few vacations planned)

-Chase Sapphire Preferred: $15,000 (rewards)

-Citi Simplicity: $11,700 (0% interest for 18 months)

-Barclay Ring: Pending...Smiley Embarassed

 

For some reason I'm so tempted to get the Discover It... why, just a rush plus the rewards. Do I need them, nope.  Want them, yes.

 

Can anyone help me say "no" and enter the garden?  Any solid reasoning why I shouldn't other than way to map HPs on my report?

 

Thanks!

 




+1000!

 

Message 14 of 18
SpiceIslander
Frequent Contributor

Re: Help me Stop! (please...)

STOP before you hurt yourself! Smiley Very Happy

 

You may be wading into the territory where you might start getting declined. Your inquiries are piling up and your AAA is plunging.  If I were you, I'd let the accounts age (hit the garden) and not apply for at least a year. You have some great cards, I don't see Discover IT being a "needed" addition. Best wishes for whatever you choose to do. Congrats on your approvals!!!

Meg.

FICO: 4/2016 - TU 841 | EQ 840 | EX 837

FNBO 23,600 | Amex SPG 13,900 | Amex BCP 13,400 | Barclays/Sallie Mae13,000 | Discover IT 12,500 | Lowes 10,000 | PLOC 9,300 | NASA FCU 8,700 | Citi Simplicity 6,200 | BOA Platinum+ 6,000 | Achieva CU 5,500 | Chase CSP 5,000 | Sam's Club 3,000 | Sears 900
Message 15 of 18
bbb3601
Frequent Contributor

Re: Help me Stop! (please...)

Can't think of anything to add other than you have one of the most impressive lineup of cards I have seen!! Good job enjoy it!!

NFCU Cash Rewards 20,000,NFCU Plat 17,000, NavCheck 15,000, USAA Cash 4,000, USSA Rate Adv 2,000, USAA AMEX 3,500, Freedom 2,000, Capital One 2,000, Barclay's Apple 1,500, Barclay's Ring 1500, Various Store Cards.




Message 16 of 18
distantarray
Established Contributor

Re: Help me Stop! (please...)


@Wolf3 wrote:

You have 13 CC.   No respectable person has more than 13 CC.    Be sure to close one before your next Application.

 

Smiley LOLSmiley Wink


EXCUSE ME? Smiley Tongue


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Message 17 of 18
distantarray
Established Contributor

Re: Help me Stop! (please...)

Just put a freeze on your accounts so it'll cost you money next time you want to app, usually a nice deterrent.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Message 18 of 18
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