cancel
Showing results for 
Search instead for 
Did you mean: 

What's Your Total Credit Exposure + Bal (Currently)?

tag
Anonymous
Not applicable

What's Your Total Credit Exposure + Bal (Currently)?

What's your Total Credit Exposure + Bal (Current)? I'm sitting out 2017, with no HP's or Cold Apping. I'm done! It's getting boring now. 2016 was great for me credit and job wise. I'm currently at $105,109.00 with about $6k in total CC debt.

Message 1 of 47
46 REPLIES 46
austinguy907
Valued Contributor

Re: What's Your Total Credit Exposure + Bal (Currently)?

You're doing pretty good with those numbers!  Now it's time to clean up the mess and trim the fat to a more optimal portfolio.  First up should be anything you don't use but has an AF, next cut the cord on the store cards, then hit the remaining with a CLI attempt to replace the cuts.

 

 

CapOne QuickSilver One MC: $2150 |

Cabela's CLUB Visa: $4000 |

Barclaycard® Rewards MC®: $1000 |

First Savings MC: $1500 |

Legacy Visa:$1500 |

AMEX BCE®: $1500 |

Discover It Card: $3500 |

Chase Freedom: $4000 |

Chase SLATE: $3200 |

CSP®: $5000 |

United MileagePlus® Explorer: $5000 |

Amazon.com Rewards Visa: $4000 |

Amazon.com Store Card: $3500 |

$39850 (easily growable to 75-100k in a few months)

 

Blaze MC:$850 |

Open Sky Secured Visa: $375 |

First Progress Secured MC: $404 |

CapOne Secured MC: $605 |

Old Navy: $3500 |

Gap: $3500 |

Banana Republic: $3000 |

Walmart: $6000 |

Sams Club:$5000 |

American Eagle: 2450 |

TJ Maxx: $2700 |

Belk: $5000 |

Macy's: $5500 |

J.Crew: $800 |

Abercrombie & Fitch: $950 |

Express: $1300 |

Buckle: $1000 |

Kay: $6000 |

PayPal: $2750 |

Overstock: $5000

Message 2 of 47
Anonymous
Not applicable

Re: What's Your Total Credit Exposure + Bal (Currently)?

$312,300.00 owe 4000.00

 

Im gonna trim some down this year I think. 

I've come along way ( thanks to MyFico ) in june of 2015 I had 0 avalable credit Smiley LOL

 

Message 3 of 47
austinguy907
Valued Contributor

Re: What's Your Total Credit Exposure + Bal (Currently)?


@Anonymous wrote:

$312,300.00 owe 4000.00

 

Im gonna trim some down this year I think. 

I've come along way ( thanks to MyFico ) in june of 2015 I had 0 avalable credit Smiley LOL

 


Yeah, that's 150K in CL's per year improvement.  Nice job but, yeah....   I'd say trim it to your top 5-10 limits and drop the rest.  

Message 4 of 47
Anonymous
Not applicable

Re: What's Your Total Credit Exposure + Bal (Currently)?

Around $100k in limits, $0 balances.

 

I strongly believe that whether your total credit limits are $500 or $500,000 that everyone's goal should be $0 balances.

Message 5 of 47
Anonymous
Not applicable

Re: What's Your Total Credit Exposure + Bal (Currently)?


@austinguy907 wrote:

@Anonymous wrote:

$312,300.00 owe 4000.00

 

Im gonna trim some down this year I think. 

I've come along way ( thanks to MyFico ) in june of 2015 I had 0 avalable credit Smiley LOL

 


Yeah, that's 150K in CL's per year improvement.  Nice job but, yeah....   I'd say trim it to your top 5-10 limits and drop the rest.  


yea eventually I'll get down there. I just hate closing them when they cost me nothing. I closed 5 last year. 

one of my Amex

Barclay

Moto

surge

total

Message 6 of 47
fltireguy
Valued Contributor

Re: What's Your Total Credit Exposure + Bal (Currently)?

$117K in credit - $3.4K balance..

 

Now that my TU came up a little (went from 695 to 752 today), I'm going to garden for 6 months. 

AND THEN... I should be good for some more really nice SL's

NFCU $60.4k/PenFed $22.5k/Commerce $15K/53 $11K/Synovus $14K/BBT $11K/CapOne $12K/DCU $7.5K/BMO $7.5K/Chase $14.5k/Cabelas $10K/ and many many more!
Total CL $398600, plus car and RV loan.
Ooh. Ooh. Getting closer to that $500K mark!
Message 7 of 47
Anonymous
Not applicable

Re: What's Your Total Credit Exposure + Bal (Currently)?


@Anonymous wrote:

Around $100k in limits, $0 balances.

 

I strongly believe that whether your total credit limits are $500 or $500,000 that everyone's goal should be $0 balances.


Correct. I PIF everything but leave a little reporting so it reports something. I have this 0% thing going on with the 4000. we had our will done. So tossed it on that for the time being. 

Message 8 of 47
irunfromcredit
Frequent Contributor

Re: What's Your Total Credit Exposure + Bal (Currently)?

~$165k in credit....I currently owe $1700.  $800 of what is owed is currently under 0% for 6 months with my Blispay and the remainder I will pay later this month.  I try not to carry balances.  

Scores 8/25/2017~ TU: 753 / EXP: 742 / EQ: 726
Goal: 770's or higher by end of 2017
Message 9 of 47
vanillabean
Valued Contributor

Re: What's Your Total Credit Exposure + Bal (Currently)?


@Anonymous wrote:

Around $100k in limits, $0 balances.

 

I strongly believe that whether your total credit limits are $500 or $500,000 that everyone's goal should be $0 balances.


 

Haha, ditto.

Message 10 of 47
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.