02-02-2010 12:26 PM - edited 02-02-2010 12:29 PM
Yes, you're right BungalowMo, I meant limits not balances. I have been on some websites to see if I qualify for their cards and the ones I want ask if you have 1 credit card with at least a $10,000 limit. My scores are attached to my siggy. My util is still pretty high, 50-40 percent and I still have 2 old derogs due to fall off later this year. No primecards with high limits for me right now, though I am anticipating joining the 700 club by June by cutting my current util in half and the additional 6 mos aging from my previous score last month. I'm going to leave this alone, I don't want to hijack this thread.
txjohn, that is an excellent clarification.
02-02-2010 12:30 PM
Wait till the derogs fall off, if that happens this year. And work on paying your utilizations down during the wait time. You want to get under 35%, which is a significant threshhold, generally speaking. Lower is better....but at your levels, that would help alot.
If you can qualify for membership with NFCU....that is your ticket to instantly higher CL's than what you have ever had.
02-02-2010 12:35 PM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.