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How will this affect my credit score?

Frequent Contributor

Re: How will this affect my credit score?

thank you all for ur replies. so it looks like the util is going to shoot up on that particular account and remain zero on the other accounts. 

 


In a committed relationship with Chase from 12/2012.
Age: 26, Income: $59,240/-, Current score: TU from CK: 750/A (12/24/14), TU Vantage score from CK: 775/C (12/24/14), Experian from Creditsesame: 717, Equifax from myfico: 724, Overall Util: 1% (12/24/14), Total credit limits: $62,150, In the garden from 12/19/2014, AAoA : 7 months, Oldest account: 8 months, Newest account: 1 week, HP: 18.
Frequent Contributor

Re: How will this affect my credit score?


Klesko wrote:

I went to Havertys Funiture and bought a new couch and took them up on 36 months 0%. The total was 4k and 400 down. I applied and they approved me for 5k which would have put this card at 72% util which would really hurt my score. So I called them and had them CLI, only got $6,600 total but now my util will be like 55% which looks much better. 


This looks like the same deal. i will also call and try to CLI if I plan on taking this. 


In a committed relationship with Chase from 12/2012.
Age: 26, Income: $59,240/-, Current score: TU from CK: 750/A (12/24/14), TU Vantage score from CK: 775/C (12/24/14), Experian from Creditsesame: 717, Equifax from myfico: 724, Overall Util: 1% (12/24/14), Total credit limits: $62,150, In the garden from 12/19/2014, AAoA : 7 months, Oldest account: 8 months, Newest account: 1 week, HP: 18.
Frequent Contributor

Re: How will this affect my credit score?


Nixon wrote:

Klesko wrote:

I went to Havertys Funiture and bought a new couch and took them up on 36 months 0%. The total was 4k and 400 down. I applied and they approved me for 5k which would have put this card at 72% util which would really hurt my score. So I called them and had them CLI, only got $6,600 total but now my util will be like 55% which looks much better. 


What kind of couch?

 

Call me a miser, but our last couch set cost less than $600 @ Ikea..


Its a recliner set, with a big couch, a loveseat, 2 side tables, cocktail table and a full dining set for 2.4k including taxes and delivery. Thanks for that option, I will check in Ikea also. Sorry Lexie, for going out of topic.  


In a committed relationship with Chase from 12/2012.
Age: 26, Income: $59,240/-, Current score: TU from CK: 750/A (12/24/14), TU Vantage score from CK: 775/C (12/24/14), Experian from Creditsesame: 717, Equifax from myfico: 724, Overall Util: 1% (12/24/14), Total credit limits: $62,150, In the garden from 12/19/2014, AAoA : 7 months, Oldest account: 8 months, Newest account: 1 week, HP: 18.
Super Contributor

Re: How will this affect my credit score?


Chaselover wrote:

Nixon wrote:

Klesko wrote:

I went to Havertys Funiture and bought a new couch and took them up on 36 months 0%. The total was 4k and 400 down. I applied and they approved me for 5k which would have put this card at 72% util which would really hurt my score. So I called them and had them CLI, only got $6,600 total but now my util will be like 55% which looks much better. 


What kind of couch?

 

Call me a miser, but our last couch set cost less than $600 @ Ikea..


Its a recliner set, with a big couch, a loveseat, 2 side tables, cocktail table and a full dining set for 2.4k including taxes and delivery. Thanks for that option, I will check in Ikea also. Sorry Lexie, for going out of topic.  


Including delivery, Not too bad. Smiley Happy

EX FICO  16 INQ  791
EQ FICO  10 INQ  786
TU FICO  12 INQ  790
Total CL$477,00038 TL
Moderator

Re: How will this affect my credit score?


Nixon wrote:

Klesko wrote:

I went to Havertys Funiture and bought a new couch and took them up on 36 months 0%. The total was 4k and 400 down. I applied and they approved me for 5k which would have put this card at 72% util which would really hurt my score. So I called them and had them CLI, only got $6,600 total but now my util will be like 55% which looks much better. 


What kind of couch?

 

Call me a miser, but our last couch set cost less than $600 @ Ikea..


Miser

Super Contributor

Re: How will this affect my credit score?


Irish80 wrote:

Nixon wrote:

Klesko wrote:

I went to Havertys Funiture and bought a new couch and took them up on 36 months 0%. The total was 4k and 400 down. I applied and they approved me for 5k which would have put this card at 72% util which would really hurt my score. So I called them and had them CLI, only got $6,600 total but now my util will be like 55% which looks much better. 


What kind of couch?

 

Call me a miser, but our last couch set cost less than $600 @ Ikea..


Miser


*Takes a bow* Smiley Happy

EX FICO  16 INQ  791
EQ FICO  10 INQ  786
TU FICO  12 INQ  790
Total CL$477,00038 TL
Super Contributor

Re: How will this affect my credit score?


Nixon wrote:

Irish80 wrote:

Nixon wrote:

Klesko wrote:

I went to Havertys Funiture and bought a new couch and took them up on 36 months 0%. The total was 4k and 400 down. I applied and they approved me for 5k which would have put this card at 72% util which would really hurt my score. So I called them and had them CLI, only got $6,600 total but now my util will be like 55% which looks much better. 


What kind of couch?

 

Call me a miser, but our last couch set cost less than $600 @ Ikea..


Miser


*Takes a bow* Smiley Happy


Hardly a miser, a true shopaholic, paying almost $600 (yes, six hundred!!) for a couch.   Go to a local supermarket, see if they can give you say 20 cardboard boxes.   Tape them itogether as approriate (yes, you probably do have to buy some tape, but nothing worthwhile is free), cover with old newspaper or towels, and there you have a lovely couch.

Moderator

Re: How will this affect my credit score?


longtimelurker wrote:

Nixon wrote:

Irish80 wrote:

Nixon wrote:

Klesko wrote:

I went to Havertys Funiture and bought a new couch and took them up on 36 months 0%. The total was 4k and 400 down. I applied and they approved me for 5k which would have put this card at 72% util which would really hurt my score. So I called them and had them CLI, only got $6,600 total but now my util will be like 55% which looks much better. 


What kind of couch?

 

Call me a miser, but our last couch set cost less than $600 @ Ikea..


Miser


*Takes a bow* Smiley Happy


Hardly a miser, a true shopaholic, paying almost $600 (yes, six hundred!!) for a couch.   Go to a local supermarket, see if they can give you say 20 cardboard boxes.   Tape them itogether as approriate (yes, you probably do have to buy some tape, but nothing worthwhile is free), cover with old newspaper or towels, and there you have a lovely couch.


I might have to do that because one of my dogs decided that he wanted to get at the stuffing inside my leather loveseat .  Friggin dog

Super Contributor

Re: How will this affect my credit score?


longtimelurker wrote:

Nixon wrote:

Irish80 wrote:

Nixon wrote:

Klesko wrote:

I went to Havertys Funiture and bought a new couch and took them up on 36 months 0%. The total was 4k and 400 down. I applied and they approved me for 5k which would have put this card at 72% util which would really hurt my score. So I called them and had them CLI, only got $6,600 total but now my util will be like 55% which looks much better. 


What kind of couch?

 

Call me a miser, but our last couch set cost less than $600 @ Ikea..


Miser


*Takes a bow* Smiley Happy


Hardly a miser, a true shopaholic, paying almost $600 (yes, six hundred!!) for a couch.   Go to a local supermarket, see if they can give you say 20 cardboard boxes.   Tape them itogether as approriate (yes, you probably do have to buy some tape, but nothing worthwhile is free), cover with old newspaper or towels, and there you have a lovely couch.


I like it!

EX FICO  16 INQ  791
EQ FICO  10 INQ  786
TU FICO  12 INQ  790
Total CL$477,00038 TL
Established Contributor

Re: How will this affect my credit score?


Nixon wrote:

Klesko wrote:

I went to Havertys Funiture and bought a new couch and took them up on 36 months 0%. The total was 4k and 400 down. I applied and they approved me for 5k which would have put this card at 72% util which would really hurt my score. So I called them and had them CLI, only got $6,600 total but now my util will be like 55% which looks much better. 


What kind of couch?

 

Call me a miser, but our last couch set cost less than $600 @ Ikea..


Way off topic but do have a lot of experience with ikea?  They just delivered some cabinets for me and while I have heard good things I'm still nervous about the quality.