01-28-2013 02:41 PM
My first goal was to get credit, then to get more diverse credit, then break 10k on a card, then 10k on more than one card. Then finally to get back in with AMEX for backdating. All of these goals were obtained this month.
Get a single credit card to break 20k.
My goal is to break the 100k barrier of total credit limits.
Get more AMEX products for backdating purposes. Each additional account will get me another 21 years....
Renew my personal LOC with Wells from 10k to 25k, hopefully April 2013 will do it.
I have been working hard, but the only thing that works is TIME...Darn Experian, so many prime CC use them, inquiries stink..... and of course on time payments.
Thanks to myFICO forum I have been able to achieve goals to date.
01-28-2013 02:49 PM
Id like to get above 10000 on a card, but am too afraid to ask for it lol. I would also like to get a higher limit card on the Visa/Mastercard network. The highest I have is 6000 and the higher limits are all on the wretched American Express network.
01-28-2013 02:54 PM
Get to 10k total revolving acc this year, Im in 4.5ks
and Get a descent 3 or 4ks since CC, hoping to achieve it when I can finnaly cut my hands of app again! and garden what I have....
01-28-2013 03:42 PM
I like having my limits high enough to be able to book airfare and hotel for family vacations without having to worry about multiple payments.
That´s a good one.
In additon: Enough to not worry about UTIL if a balance reports. Still PIF of course, but not before statement cuts. Aiming to pay on due date.
I agree with both of these thoughts.
01-28-2013 04:46 PM
My credit goal is to have all my major cards at $5k or better. $10k is the sweet spot, but I make $60k a year and after awhile, I'm guessing creditors will look at my salary and my available credit and think "Why does she even need more credit? What she has is more than sufficient." Which in fact is true, but it would be nice to have every single friggin card sitting at or above a $5k limit. At this point though, I feel very secure and just more at ease anyway because even if I do charge on one card heavily, it doesn't hurt my utilization much.
Here's to hoping to get the last 3 over the $5k mark.
01-28-2013 04:54 PM
My goal was to have a total revolving availability of $100,000 and I have done that. In fact it is a little over. I don't need anymore credit.
01-28-2013 05:05 PM
01-28-2013 11:43 PM
I never really had a limit, but thought $5,000 per card would be nice (I only want about 5 cards). Then my second CC was approved with a CL of $25,000 and that was a seriously good feeling. I have just over $30,000 total available credit now, and that is plenty for me right now, though I will strive for $5,000 per card just so I don't have to worry about utilization on any one card. I just want enough to pay for emergencies while woking overseas.
01-29-2013 01:04 AM
I have 55k+ now, I'm aiming for 100k+ mainly because I prefer my Fico score to fly first class in luxury, and not have to face the rocky roads of credit / debt ratios
Since I'm known to charge upto 10k a month or so, it's nice to not have to worry about paying my balance down RIGHT before the statement cuts to maximize my Fico score.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.