02-07-2013 11:32 AM
A little about my current credit situation
Less than 2 percent util...(not reported) 490 overall debt out of about 29k credit
reported utilization is 8 percent on both equifax and experian with credit scores of 721 on both
reported utilization is 13 on TU
Average account age is about 2 years oldest account age is 4.5 years.
The not so good:
Hard Inquiries a plenty...
19 on equifax
28 on experian
26 on TU
with half falling off throughout this year on each..
I think its good to be known that a majority of these dings (probably about 80 percent) were before i started using myfico.
Finally I was denied discover last on august 20, 2012 and citi on october 17, 2012
All my information is gotten from my credit report
advice on when would be a good time to apply for those cards so i can finally get a prime card...i do plan on letting a lof of these inq's fall of first...but as it stands do you think i have a shot? thanks in advance.
02-07-2013 11:36 AM
I would wait for 0 INQ's in 6 months.
You'll probably get a 7-10 day message on any app, but when you RECON you can explain you've been app free for 6 months at that point.
02-07-2013 11:38 AM
Yeah maybe thats a good idea...like i inferred im not desperate for credit just eager to get a prime card...the last inquiry i have is one from bank of america due to a credit increase i didnt get back in january...so id probably have to wait til july..
02-07-2013 11:41 AM
You can talk your way out of excessive INQ's as long as they have some age to them.
Keep gardening and I would imagine you'll be VERY happy with the results in a few months
02-07-2013 11:52 AM
Haha believe me i have...thats the only reason i got my disney chase...but thats last time i was approved for anything
I certainly hope so...i've been paying most everything in full every month the past few months.
02-08-2013 02:03 PM
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