Fight the collections and chill for a bit like you suggest. You've already got good accounts and relationships established, continue working them and you'll get everywhere you want to be FICO wise for positive tradelines; so go work on your negatives. 
@Elcid89 wrote:
@jonmartin wrote:I went ahead and tried my luck with Navy federal again. Since i recently got upgraded to the Flagship visa signature and found out after the fact that it doesn't offer NPSL I thought I'd ask for a higher limit on the card and at the same time ask for a NavCheck. I was able to get a NavCheck for $10,000 (asked for $12,000) but I was denied for the CLI citing "Excessive credit obligations" what does this mean exactly? I don't think it was refering to my NFCU card. Which was nearly maxed out but paid off. NavyFederal also gave me a $32,000 Auto loan last month (second vehicle) so now I'm wondering if that was the reason. I make $115,000 + a year and the only debt's I have are the two auto loans totaling $60,000 and the credit cards which are usually paid off in 45 days I wait 45 days because I want the balances to report to show I actually use my credit here and there. Now I also have three collections from cards I don't even remember having that all of a sudden showed up causing my score to tank hard the same day I applied for the above (I didn't know till after I applied so that might also be hurting the increase) should I just chill out for a while and battle off those collections?
This is their way of saying "we consider ourself exposed enough with regard to extending you credit. We're not going to go any further at present."
I agree if the accounts shown in sigi are all you got... Navy realized oops, we hold this persons ENTIRE credit Profile... BRAKES LOCK!
when you get util down maybe branch out a bit and come back to Navy in 6-12 months if not longer and get the balance down on the cars a bit... then they might feel a bit safer