03-25-2009 01:18 PM
I currently have about 96% Util on my Wells Fargo CC ($4K balance). Currently, this is my highest credit line. To make a long story short, I have had high Util on this card since it was opened just over 2 years ago. I will be able to bring this balance down to around $2K-$2.5K over the next month, but desperately want to avoid a CLD. Curious if others with Wells Fargo CCs have been CLD recently? My goal is to lower my overall Util %, and if they chase the balance as I pay it down, that would completely defeat that purpose.
I guess one strategy would be to pay down 500-750 and see if they CLD me.
Thanks for any input.
03-25-2009 02:01 PM
The longer you delay, the higher your chances are that you will make them nervous!
But you might be okay since this has been a norm for you vs just maxing it in 1 month.
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