@Anonymous wrote:
Scores are in the 670-690 range; Experian is the highest at 689. One judgement (due to fall off 3/17) and one collection (only showing on TU and EQ); last late was 41 months ago. Credit utilization is at 51% (mostly on a Discover card, which is over 95%).
Looking for a card (or cards) that will either give me a large enough CL to lower my uilization %, have a 0% BT offer, and/or provide a place to park a large hunk of the Discover debt so I can transfer back to Discover at 0%.
If need be, I wait and then pay down 20-25% of the Discover balance at the end of this month which will lower my utilization/boost my score, but I'd rather keep the cash (saving for a house) and lower the interest rate.
Suggestions? Thanks in advance-- this board has been HUGELY helpful to me!
Unfortunately, with a card being that close to maxed out, you're going to have trouble getting approved for anything, much less a decent enough limit. Instead of focusing on shuffling the debt to a new card to lower utilization, my suggestion is to lower it by actually lowering it -- pay it down. You are not going to be seeing large limit approvals when you have high utilization. The best time to get such a card is when you don't need it -- when you actually do, it's going to be difficult. Not saying this to put you down, just trying to be realistic.
