Would anyone mind sharing with me?

[Anonymous]

well these were all at zero but i just moved and bought furniture.  Luckily i'm not too worried about my score right now as i'm not buying a house or a car anytime soon.

discover $4k / $1600 bal

BofA $3k / $600 bal

Orchard $1k / $67 bal

Capital1 $500 / $42 bal

[niecey89]

Walmart           410/326     (pay off 11/2008)     19.87%

Avenue             470/0                                          22.8%

Capital One      500/455     (pay off 2009)          14.15% w/AF

Capital One      2500/2484  (pay off 2009)         19.90%

Citibank            2800/2702  (pay off 2009)          14.99%

Orchard Bank  500/360      (pay off 12/2008 if not sooner)  14.90% w/AF

Ikea  300/0

Children's Place 250/0

Sallie Mae 36,000                                 11.5%,7.5%,5.75%,5.75% (4 loans)

AmeriCredit (Nissan Xterra)  25,000    13%

Yeah I know I am screwed as well. All the pay offs are projected dates. (maybe one missing one or two accounts ..they have zero balances)

Message Edited by niecey89 on 09-23-2008 12:09 PM

[cat-like-stealth]

I feel kinda lame. I've been using a debit card for a while now so all I have are these:

$0 / $1,400 - Sears Card

$0 / $2,500 - Sears Card Plus

$0 / $?        - Mervyn's Card (Opened in 1994; haven't used in years; don't even know what CL is.

$0 / $4,500 - Financing Fitness card (Opened in 2003 when we got an elliptical trainer; only thing it was used for)

[Anonymous]

I have 2 cards:

Chase Freedom 0/10,500
CitiMTVU Student 0/7000

I can't handle more! Well maybe a discover more...

[Anonymous]

CJ $2500/ $65

Best Buy $600/ $0

Hooters $500/ $0

BOFA $300/ $29

Orchard $400/ $7

Sam's Club $425/ $138

Wal-Mart $300/ $0

Shell Gas Card $500/ $0

1st Premier $250/ $0

Total Visa $250/ $0

Message Edited by mjbfan79 on 09-03-2008 11:33 AM

Message Edited by mjbfan79 on 09-03-2008 11:34 AM

[Anonymous]

Target ~ $0/$500

Victoria Secret ~ $0/$350

Orchard Bank Visa ~ $0/600 <~~ As soon as we close escrow on our house both of the Orchard's

Orchard Bank MC ~ $0/$600           are being closed!

BofA Dodge Rewards ~ $2800/$3,000 <~~ This one is getting paid off next month!

BofA Alaska Airlines ~ $200/$1,300

Macys ~ $0/$1,000

BofA LOC ~ $4,500/$20,000

Dell Financial ~ $0/$3,000

WaMu ~ $1,500/$2,000 <~~ $0 BT will be paid off the end of the year

Best Buy ~ $400/$750 <~~ will be paid off next month

Wow I didn't think I had a lot of accounts but I guess I do! =)  My goal is to get all of them reporting $0 balances by the end of next year!!

[Anonymous]

Thanks for sharing, everyone. I was so surprised to see that some of you have such high CL's. I mean, my highest is $4500, but considering that I've only been handling credit for two years now I guess thats not too bad. Can't wait to get my util ratios down to 30% percent, like most of you. (I know this is whats killing my score )

I was also surprised to see that some of you guys have so many revolving accounts. I thought my having six CC's were alot. Does anyone know if there's any certain number of CC's thats looks most favorable to lenders?

[haulingthescoreup]

The classic, old-school FICO High Achievers, may they rot in a warmish place, only have 4 or 5:

FICO High Achievers

But this is changing, as FICO starts to incorporate how Americans use credit.

And lenders tend to be much more realistic. For those who have an insane number of cards, and are questioned by a potential lender, just say that you didn't realize back in the day, and you followed some bad advice, and now you're looking for quality cards.

Unless you've just gone completely berserk, what lenders look at are the balances on your cards, as in $0, and if you've had recent lates or other indications that you've gotten in over your head.

[Veee]

I was feeling the same way ... WOW is all I can say   Like you I've used a debt card or my cash only policy ever since my divorce.  I absolutely REFUSE to get into debt trouble again in my life.  Now I'm reading everything and it's telling me to have all these credit cards, but for the most part don't use them.  OMG this world is wacky!

---

cat-like-stealth wrote:

I feel kinda lame. I've been using a debit card for a while now so all I have are these:

---

All I currently have is ...

Target Visa 5000/3500 bal - just got new furniture while I'm deceased, figured it was safe for now.

Chase BP 325/15 bal - just used it for the first time in 5 years so it show activity again.

Credit cards scared me at one point in my life so if I needed money I did it via installment loans of sorts so that I knew it would be over one day

[haulingthescoreup]

The only reason that I have so many cards is because I'm trying to avoid the ding for too many accounts with balances. Two of my CC's are shredder-bound, with a couple more circling the drain, so I'm hoping to get a more manageable collection in 6-12 months. (I'm stuck with them for now, kinda like an annoying brother-in-law or something.)