Reply
Senior Contributor
smallfry
Posts: 4,831
Registered: ‎04-20-2007
0

Re: What's your highest CL and who is the CCC?


txjohn wrote:

smallfry wrote:
40K was too high for FICO to pick up so I reduced the credit limit. I am now down to 4 major credit cards lowest limit Chase 10K.

 

Personally, I would like a CC with a CL that did not factor into utilization, IF it had a nice APR for those times I chose to do something that was not PIF.  For business, I have Biz CC or LOC that is not personally reporting.

 

Addison Avenue would be a nice place to have a $40k CL at 5.24% standard APR.

 

 

Message Edited by txjohn on 08-13-2009 03:09 PM

No business expenses on my cards at all. Even with my vastly reduced available credit my utilization is always between 1-2% every month.

Senior Contributor
smallfry
Posts: 4,831
Registered: ‎04-20-2007
0

Re: What's your highest CL and who is the CCC?


ocheosa wrote:

txjohn wrote:

smallfry wrote:
40K was too high for FICO to pick up so I reduced the credit limit. I am now down to 4 major credit cards lowest limit Chase 10K.

 

Personally, I would like a CC with a CL that did not factor into utilization, IF it had a nice APR for those times I chose to do something that was not PIF.  For business, I have Biz CC or LOC that is not personally reporting.

 

Addison Avenue would be a nice place to have a $40k CL at 5.24% standard APR.

 

 

Message Edited by txjohn on 08-13-2009 03:09 PM

Not sure I am understanding. Do you guys mean if the CL does not factor into util this means the balance on the card does not either? So its like a hidden TL?

It's a FICO oddity. For example if I were to only let a 40K CC report a balance one or more of the CRA's would ding me for no credit card usage that month. The balance is however picked up on the Credit At A Glance Page. I lost 10 months for no revolving balances. High Achievers with clean reports might not see the ding at all. 

Frequent Contributor
ocheosa
Posts: 372
Registered: ‎06-15-2007
0

Re: What's your highest CL and who is the CCC?


smallfry wrote:
It's a FICO oddity. For example if I were to only let a 40K CC report a balance one or more of the CRA's would ding me for no credit card usage that month. The balance is however picked up on the Credit At A Glance Page. I lost 10 months for no revolving balances. High Achievers with clean reports might not see the ding at all. 

Oh, very interesting, I'm going have to think about this a bit more. Might be useful to combine 2 cards in the future.

01/04/10 TU 778 EQ 731
08/05/09 TU 762 EQ 722
02/12/09 TU 722 EQ 704 EX 690
EQ sensitive to inqs & student loan.
Regular Contributor
pez478
Posts: 114
Registered: ‎04-29-2008
0

Re: What's your highest CL and who is the CCC?

USBank $13,250

 

It's grown solidly with me over the past 5 years w/auto increases, and I fully anticipate it will continue to do so.


Starting Score: EQ 749 TU 751
Current Score: EQ 758 TU 776
Goal Score: 780


Take the FICO Fitness Challenge
Senior Contributor
BungalowMo
Posts: 4,243
Registered: ‎05-01-2008
0

Re: What's your highest CL and who is the CCC?

Wachovia Platinum $8.5k

 

This has grown for me too.  Another keeper.



Starting Score: 07/2011 TU 732 - EQ 717 - EX 702
Current Score: 06/2014 TU 739 - EQ '08 709 - EX 721
Goal Score: 850

Bury me in the garden...last app 06.18.14

Frequent Contributor
Scout65
Posts: 351
Registered: ‎12-09-2007
0

Re: What's your highest CL and who is the CCC?

Current highest CLs:   Amex Blue 25K and Amex Clear 25K

 

 

FICOs as of 09/2009 - TU 813, EQ 811, last known EX 797
FICOs as of 08/2009 - TU 791, EQ 809, last known EX 797
FICOs as of 07/2009 - TU 806, EQ 809, last known EX 797
Regular Contributor
JimB
Posts: 179
Registered: ‎10-21-2008
0

Re: What's your highest CL and who is the CCC?

L.L. Bean Visa (Barclay's)  30K

BOA Visa                         29.1K

Chase (prev. WAMU) MC   26K 

BOA MC                           25K

Amazon.com Visa (Chase) 22K 

New Contributor
MarkRabo
Posts: 66
Registered: ‎08-30-2008
0

Re: What's your highest CL and who is the CCC?

Before I filed my BK in 2005, I had a $29,600 CL on a Chase (ex-Bank One/First USA) Visa.  I also had four other cards with limits of over $10,000 (AmEx Blue, Fleet MC, MBNA MC, Chase-ex-Providian MC).

 

Now my biggest credit line is $2400 (GEMB Walmart Discover).  I am working to grow the limits on that and two other cards I've been able to get over the last two years.  Maybe in 2012 I'll be back to $10,000+ limits.


Starting Score: 677 EQ (1/21/09)/705 TU (1/21/09)/714 EXP (1/21/09)
Current Score: 707 EQ (9/21/10)/720 TU (3/27/10)/Darn you EXP
Goal Score: 720 on all three by end of 2010


Take the FICO Fitness Challenge
Valued Member
Too_much_debt
Posts: 40
Registered: ‎08-11-2007
0

Re: What's your highest CL and who is the CCC?

BOA $23,000
TU 680; EQ 690; EX 670
New Contributor
Angel73
Posts: 73
Registered: ‎04-13-2009
0

Re: What's your highest CL and who is the CCC?

Wow, there are some pretty high CL's out there.

 

I started another thread for lowest APR.  Hope to get some good info on best places to shop APR.

 

 


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}