to close cc or not ?

[gtjohn]

hello all this is my first post so bear with me,

wells fargo cl=7200    bal= 7000

hsbc union plus  cl=1500   bal=800

bofa  cl=6000  bal=5000

i just got a credit line increase for bofa to 20,000 and transfered the balences from wells fargo, and union card to the the bofa card  ? is should i go ahead and close the union plus card the card is farily new.   thnx

[Red1Blue]

wow. congrats. that is a very good cli. May I ask what are your fico scores?

[gtjohn]

wooo hoooo  eq went up 53 points

as of 24 feb 2008 scores as follows

tu=646

eq=630

ex=648

eq is now 683 as of 28 feb 2008  all from a cli of 14,000

[gtjohn]

also overall util went from 91%  down to 43% because of cli

[WhirledPeasPlease]

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gtjohn wrote:

hello all this is my first post so bear with me,

hsbc union plus 

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Glad to see someone else has this card!  LOL

Congrats on the points and the nice CLI!

[gtjohn]

thank you

do u think my score will drop when when the balence transfers hit the bofa card

also denied for amex clear  is that weird or what?

[Anonymous]

I wouldn't close the other tweo.  Who knows when you might need a back up

[gtjohn]

i just want to close the hsbc union plus card cl=1500

[Anonymous]

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gtjohn wrote:

i just want to close the hsbc union plus card cl=1500

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Never hurts to have a back up or two, if there is no AF on the union, I would let it smell socks.

[WhirledPeasPlease]

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Brammy wrote:

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gtjohn wrote:

i just want to close the hsbc union plus card cl=1500

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Never hurts to have a back up or two, if there is no AF on the union, I would let it smell socks.

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Yup, and I've just proven it's possible to get a decent TL from them.  Well, in my realm 6k is decent at least!