Ive hit the credit wall...!

[creditconcept]

Well it is time for me to find a new hobby for the time being, maybe I'll get into collecting decorative stamps.

Asked for CLI from BofA and got the "maximum credit line allowed" in the denial letter

CL: 6500
Income: 14K (college student)

Anyway. Its cool

[Anonymous]

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@creditconcept wrote:
Well it is time for me to find a new hobby for the time being, maybe I'll get into collecting decorative stamps.

Asked for CLI from BofA and got the "maximum credit line allowed" in the denial letter

CL: 6500
Income: 14K (college student)

Anyway. Its cool

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Maybe it's time to apply else where?

[CreditCuriosity]

Hit your exposure with them, not other lenders..

[red259]

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@CreditCuriousity wrote:

Hit your exposure with them, not other lenders..

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+1. Since your in college you definetly should not go crazy with credit cards and if you are not working etc it is probably hard to meet min spend (then again I remember books being insanely expensive). I would want 2-3 cards total just to build the credit history with. Credit lines aren't soo important at that stage, but having accounts age this early on will really hook you up after school once you have decent income coming in. Just make sure to go for non-AF cards. 

[ojefferyo]

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@creditconcept wrote:
Well it is time for me to find a new hobby for the time being, maybe I'll get into collecting decorative stamps.

Asked for CLI from BofA and got the "maximum credit line allowed" in the denial letter

CL: 6500
Income: 14K (college student)

Anyway. Its cool

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Wow, that must be what they feel comfortable giving you. BofA cards can go fairly high.

[joedtx]

Op, 

No worries this is just temporary besides your income will go majorly upwards as well.