Thanks in no small part to this forum, I have been able to increase my total revolving CL from $8,050 to $33,600 in the last 3 months. My TransUnion FICO score from Walmart went from 655 to 744.
In that time, I was approved for a $2,000 BCE which is now $6,000, my Walmart store card went from $2,900 to $6,000, my Chase Freedom went from $1,500 to a $5,000 Signature, my Capital One Visa went from $1,500 to $6,000, my Capital One MC went from $750 to $5,000, my Discover More went from $1,000 to $4,500, and my Macy's store card went from $100 to $800.
I am carrying a $2,900 balance (with a 0% BT APR) on my Freedom card which puts that card at 58%, and all other cards have no balance which makes my total utilization 9%. The CLIs for Amex and both Capital One cards have not yet been updated on my reports, so I'm expecting another big boost from that next month. I'm also expecting a small ding whenever my most recent student loan starts reporting. I have 6 HPs on EX with 1 falling off next month, 8 HPs on TU with 1 falling off next month, and 15 HPs on EQ with 4 falling off next month.
I now almost have more revolving credit than I make in a year. My only other debt is an auto loan that is halfway paid off, and small student loans. My question to you now is, where should I go from here? Are there any must-have credit cards I should pursue (preferably without an AF)? Do I have any shot at improving the cards I already have, such as with lower APRs or PCs (Walmart in particular)? I keep getting balance transfer offers in the mail, but at this point I have no balances worth transferring. Am I to the point where I should give up for a while and stay in the garden, or can any of you think of a product that I don't have and might benefit from?
Unless there is just one that you have to have, I would sit in the garden, watch them grow, watch your score grow. Congrats!
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
@SwampSystems wrote:Thanks in no small part to this forum, I have been able to increase my total revolving CL from $8,050 to $33,600 in the last 3 months. My TransUnion FICO score from Walmart went from 655 to 744.
In that time, I was approved for a $2,000 BCE which is now $6,000, my Walmart store card went from $2,900 to $6,000, my Chase Freedom went from $1,500 to a $5,000 Signature, my Capital One Visa went from $1,500 to $6,000, my Capital One MC went from $750 to $5,000, my Discover More went from $1,000 to $4,500, and my Macy's store card went from $100 to $800.
I am carrying a $2,900 balance (with a 0% BT APR) on my Freedom card which puts that card at 58%, and all other cards have no balance which makes my total utilization 9%. The CLIs for Amex and both Capital One cards have not yet been updated on my reports, so I'm expecting another big boost from that next month. I'm also expecting a small ding whenever my most recent student loan starts reporting. I have 6 HPs on EX with 1 falling off next month, 8 HPs on TU with 1 falling off next month, and 15 HPs on EQ with 4 falling off next month.
I now almost have more revolving credit than I make in a year. My only other debt is an auto loan that is halfway paid off, and small student loans. My question to you now is, where should I go from here? Are there any must-have credit cards I should pursue (preferably without an AF)? Do I have any shot at improving the cards I already have, such as with lower APRs or PCs (Walmart in particular)? I keep getting balance transfer offers in the mail, but at this point I have no balances worth transferring. Am I to the point where I should give up for a while and stay in the garden, or can any of you think of a product that I don't have and might benefit from?
I would stick in the garden for awhile, you've had great success so far.
@Creditaddict wrote:UMM... HOW did you get Capital One to give you not 1 but 2 HUGE CLI's????????????
I mean I don't think most of us that have called and called and called could offer to send in $100 to pay for a $100 increase!!
I posted about this recently in the ongoing Capital One Executive Office thread. Turns out they're acutally accepting requests now for undewriter manual review.