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Need a credit card with a nice limit to help decrease consumption.

Regular Contributor

Re: Need a credit card with a nice limit to help decrease consumption.

My rate has never been jacked, most of my life I have been at 90%. Can you link me to any 1-2% transfer cards? I thought all of those were gone.

 


hayhayday wrote:
have you considered taking the consolidation loan(interest will only be few dollars more a month) then in a month or two once your credit has rebounded once 0 balance show opening 1 or 2 0% transfer cards to pay off the consolidation loan?(or just leave it if you dont mind paying ~15 more per month and have security knowing you wont be rate jacked for high util)

 

04/2009
TU:745
EQ:764

10/2008
TU: 708
EQ: 708
EX:707
Message 21 of 23
Valued Contributor

Re: Need a credit card with a nice limit to help decrease consumption.

Credit Unions seem to be the most generous with opening limits. Most of them pull EQ.

 

WAMU is also not too bad. They just gave my sister a 9k gold card with a 654 TU score.

New York Yankees - 2009 World Series Champions. 27... and counting.....
Message 22 of 23
Senior Contributor

Re: Need a credit card with a nice limit to help decrease consumption.


wcnghj wrote:

My rate has never been jacked, most of my life I have been at 90%. Can you link me to any 1-2% transfer cards? I thought all of those were gone.

 


kudos to you, i hope that your luck doesn't change in this increasingly CLD and RJ climate, 90% could be an uncomfortable loan if it does unless you can PIF.  also with lower uti your scores may go into the nose bleed section and if you are applying for cc's/ loans intending to receive the lowest rates available, reduced uti could help you considerably.  since you mentioned you carry a balance, i'd imagine the lowest rates are a key feature you consider when you choose which card to persue. 

 

i can't imagine a cc company would be too enthusiastic about approving you for a card with 90% uti.  i can't think of any issuer who would approve carrying maxed out cc's during this credit crunch.  I was recently denied for a card for having 40% uti. ymmv.

 

in any event, many cards still offer low rate bt's, just look on any of the major card sites like http://www.lowcards.com/  posted here recently in another thread.

DCU EQ 5.0, Citi EQ 08 Bankcard, PenFed EX NG2
EX 08: AFCU, Amex, Chase, PSECU EX 98(?)
TU 08: Barclays, Discover
Message 23 of 23