I have 10,000 outstanding utilization on 2 cards 14 percent around.
5 years of credit history. Clean.... and one auto loan 17k in good standing from DCU .
Annual pay 91k.
BANK OF AMERICA 20,000
citi platinum 19500
discover it 14000
dcu platinum 10,000
thank you preferred 5500
BBY Capital one 5000
visa siggy BOA 2500.
i had 4 eqnquires in last 35 days.... from penfed membership ( Not card) . and 3 enquiries for increasing limits on discover, bank of america, and citi. all enquiries on euifax and one on trans union.
Current score.. fico transunion 723, fico equifax 708. (Becuase of enquiries it fell)
Going to pay of 8500 towards the cards in next 35 days. to bring down utilization to 1 or 2%
My last account opened 14 mnoths ago.. amex green... and closed immediately in one month. I didn't like features.
Iam thinking of applying bcp or bce and CSP. .what are the options...shall i wait for 2 or 3 months... or shall i apply when my utilization comes down to 1 or 2 %.
Thanks...to everyone.. Pls help.
Your credit is fine now. It will be better when the lower balances report. Apply now or wait. Both should be fine.
As for which card - CSP is a travel card. Or get both. They serve different purposes.