Should I keep them?

Anonymous · ‎09-09-2007

Sorry for all the questions but I am new to this credit thing. My question is that I have two credit cards one from Chase with a $400 limit at a $0 balance and another with Apple through Juniper Bank with a $500 limit at a $0 balance. My question is that are they hurting me since they are so low? My credit scores are TU 617(Aug 15th), EQ 684(Sept 7th) and EX 615(Aug 15th). Should I close them out or keep them, try to get new cards or just ask the to raise the limit?? Thanks in advance!

Message Edited by Brendo on 09-09-2007 03:43 PM

I just ordered my new scores today and they are TU 650, EQ 684, EX 714!!!!!!!!!!!!!!

Message Edited by Brendo on 09-09-2007 04:05 PM

Message Edited by Brendo on 09-09-2007 04:06 PM

Anonymous · ‎09-09-2007

if there aren't any fee's with them keep them. you can ask for a cli, but i'd only do it if they don't do a hard pull. also, show some utilization on the card 1-9% is optimum from i've learned recently. others may have more tips, but that's all i've got.

Anonymous · ‎09-09-2007

How do I know if they do a hard pull?? With the Chase you can do it online, but with Juniper Bank (Apple) I think I have to call them?

fused · ‎09-09-2007

Brendo wrote:

Sorry for all the questions but I am new to this credit thing. My question is that I have two credit cards one from Chase with a $400 limit at a $0 balance and another with Apple through Juniper Bank with a $500 limit at a $0 balance. My question is that are they hurting me since they are so low? My credit scores are TU 617(Aug 15th), EQ 684(Sept 7th) and EX 615(Aug 15th). Should I close them out or keep them, try to get new cards or just ask the to raise the limit?? Thanks in advance!

Message Edited by Brendo on 09-09-2007 03:43 PM

If these are your only cards I wouldn't close them. 0% utilization is not going to tank your scores. 1-9% should land you max FICO points. Since your TU and EX scores are much lower than your EQ score, I suspect there must be some bad stuff on those reports and that is why your scores are lower.

Anonymous · ‎09-09-2007

The reason my TU and EP are lower than my EZ is because just recently I called Chase up to get rid of a late payment remark on my CR's they said that they will. A couple of days later my EQ went up like 96 points, which is why I am guessing it was Chase removing the marks. I have no other late payments recently. I am guessing that EP and TU hasn't updated my score yet since the last pull on MyFico for those reports are in Aug.

Anonymous · ‎09-09-2007

Brendo wrote:
How do I know if they do a hard pull?? With the Chase you can do it online, but with Juniper Bank (Apple) I think I have to call them?

ask, then rephrase the question ask again, then say you aren't willing to do a hard pull for a cli. i'm very clear about it, but i'm really nervous about all the farming out the csr jobs to people who i barely understand through thier accent. that's not a slam, just if i'm having trouble understanding them they may be having trouble understanding me.

Anonymous · ‎09-09-2007

I just sent out an email to Chase inquiring about the hard pull and I am about to do the same with Juniper. If they do I guess I will have to wait until I get back from Iraq to call them and see if I can work it out that way. Thanks for your help!!! Does anyone else have anything else??