New Contributor
Posts: 67
Registered: ‎05-31-2012

Available credit - How much should I have?

Last pulled FICO from

TU 578

EX 634


I currently have

all unsecured:

show mastercard $1200 limit

Orchard bank $500 limit

Capital one $500 limit


show and orchard opened in 2011 , cap one and boa opened this year


and the 99/500 patially secured BOA card

$500 limit ($0 balance)


I am hoping to purchase a house by the end of 2013, will be working on paying off all the baddies on my reports , do have one judgement that I am trying to settle..


Do I need any more credit at this point? If so can anyone recomend any other good re-building cards?


New Contributor
Posts: 67
Registered: ‎05-31-2012

Re: Available credit - How much should I have?

should have mentioned also - all have 0 or under $100 balance.


I just use them - in emergencey, and when I do I try to pall in full each month


only using credit cards to help re-build.



Posts: 8,662
Registered: ‎01-28-2010

Re: Available credit - How much should I have?


As long as you aren't carrying any balances you should be fine with the cards & limits that you have now.      However you might want to consider what your utilization would be like if you did have to carry a balance for some reason, maybe give yourself a little extra room.....

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
New Contributor
Posts: 67
Registered: ‎05-31-2012

Re: Available credit - How much should I have?

thats was kind of my thinking..I hardly use them but the total of my available credit seems low..


If god forbid I had an unexpected car bill etc and had to charge smething larger and give myself a little time to pay it off.. a higher utilazation might tick my score down a bit (when Ive been making such steady but slow progress at ticking it up lol)


Any cards besides the one I have that anyone can recomend?

Established Contributor
Posts: 739
Registered: ‎03-22-2012

Re: Available credit - How much should I have?

You already have plenty of cards and CL for rebuilding. That's the easy part, and I know you didn't really want to hear it.


You need to get working on having those baddies removed PRONTO!


You need to have that judgment settled in such a way that once you pay it off it will be set aside and removed from your report. Having a judgment on your report could cost you as much as 100 points! There isn't a fist full of credit cards that will raise your score 100 points that I know of.


I know you can do it! Work on it a little each week. Don't get discouraged!


Now go make some calls and write some letters!


Good luck!



Starting Score: EQ 658 6/18/12
Current Score: EQ 665 7/21/14 - EX 687 7/21/14 - TU 682 7/21/14
Goal Score: EQ 720+
Take the FICO Fitness Challenge

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+