Credit Cards Center Credit cards from our partners
Reply
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Well at least I tried :)

So my PSECU BT finally cleared on the card and new balance is reporting. Called in today and asked them if they can do a manual update for me, no dice unfortunately. They can only report once a month.

 

So now i'm stuck with false overall util. until next month. I really hope I don't get SP'ed by any of my creditors. I'm up to 40%. Smiley Sad




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
Posts: 772
Registered: ‎01-03-2012
0

Re: Well at least I tried :)

You will be fine.

 

Heck, when I started paying things off this year my overall utilization was over 70%.  I'm sure they were softing me regularly, but no AA resulted.

 

Next month all will be well... Smiley Happy


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011
0

Re: Well at least I tried :)

I need to call some CC companies myself and have them update my info. My new increases aren't reporting quite yet...

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Valued Contributor
Posts: 1,997
Registered: ‎01-24-2012
0

Re: Well at least I tried :)

I think you are thinking too much of this. If you had just opened ten new cards and all of them reported as maxed out, then you may have problems. While 40% may be slightly high, it is not that big of a deal.

Valued Contributor
Posts: 1,346
Registered: ‎04-15-2011
0

Re: Well at least I tried :)

 

LS,  40% isn't a big deal, it sounds a bit high if you're in the market for a credit product, but otherwise, lenders don't see that as worrisome.  I bounce between 20 an 85% all the time,  score follows  up and down but there's never been an AA from it.  Actually, near the higher end of the scale was when Discover called and gave me a CLI.

 

I really don't think you have anything to worry about at the 40% level.

Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: Well at least I tried :)

Thanks guys, was kinda depressed about it today. Them O's can help with a WIN!!! Smiley Happy



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
Posts: 651
Registered: ‎08-07-2012
0

Re: Well at least I tried :)


LS2982 wrote:

So my PSECU BT finally cleared on the card and new balance is reporting. Called in today and asked them if they can do a manual update for me, no dice unfortunately. They can only report once a month.

 

So now i'm stuck with false overall util. until next month. I really hope I don't get SP'ed by any of my creditors. I'm up to 40%. Smiley Sad


I'm sure you'll be ok.Do creditors put a great deal of store in our utl even after we get the card? I was under the impression that a medium percentage utl is not that bad as long as we dont carry high utl month after month. What is your opinion?

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Established Contributor
Posts: 651
Registered: ‎08-07-2012
0

Re: Well at least I tried :)


maiden_girl wrote:

I need to call some CC companies myself and have them update my info. My new increases aren't reporting quite yet...


I wish it was possible to get Wells Fargo to update on request but so far its a no go.

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Highlighted
Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011
0

Re: Well at least I tried :)

Yea 40% UTIL isn't bad...all my reports are reporting HIGH UTIL and haven't updated in a few. Annoyed beyond reasoning! LOL.

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Regular Contributor
Posts: 214
Registered: ‎08-02-2012
0

Re: Well at least I tried :)

Ok. Listen. Look at me. 40% is nothing. In the whole scheme of things you will be fine. It had to get over my own near manic utilization fears and realize that I am being responsible, paying off my CC debt "early & often" like never before. Creditors love to see you use their cards! The only time I worry about util is when I am going to app. Just let everything post and update. Its ALL GOOD!!! Smiley Wink

started mid 500's. Disputed incorrect items and within a month or two my scores have skyrocketed and continue to do so
EQ: 755 as of 8/2013
TU: 700
Experian(or as I call them, the devil) I have no clue, they haven't released my report
Goal=801 across the board!!! Not too far from this, hoping to garden until Christmas 2013
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. 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.