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Frequent Contributor
Posts: 473
Registered: ‎02-11-2013
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Re: Did my father hurt my credit score?


dodfire wrote:

1. You could ask your father to request a CLI on the sams card and that will help with the UTL.

2. You said that you have two cards $1000 / $300 and then your fathers card of $500

     That is $1800 and if he carries a balance on the card of $400 that puts YOU at 22% UTL not 75%.

For the best possible scoring it is suggested to be at 1-9%, again this is if you are going to apply for a CLI or a new line of credit.

 

 

 


Booom!!  I was going to suggest the same thing... 

 

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Posts: 3,348
Registered: ‎10-19-2012
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Re: Did my father hurt my credit score?


dodfire wrote:

1. You could ask your father to request a CLI on the sams card and that will help with the UTL.


 


Boom! Problem solved! :smileylol:

 

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