Re: Credit Card Apps 10/12
10-04-2012 11:34 AM
Well, there *is* a special formula, but they tend to keep it to themselves.
Don't worry...you're where I'm hoping to be back to 12-18 months from now, and when I was there before I would not have felt the least bit of trepidation about the apps you intend to make. The only thing I see possibly holding you back at all is they may constrain your credit limits a bit based on your income. But with your util super-low (I'm guessing from the fact you always PIF), you are positioned as well as you possibly can be. Your income is what it is, but your debt to income ratio and available credit looks great.
My Wallet: Amex BCP $10k, Amex Zync NPSL (> 10k), Chase CSP VS $9.2k, C1 Venture VS $5k, Amex SPG $4.5k, Barclaycard Apple V $2k, Walmart (Store) $1.2k, Chase Freedom V $600, BoA Cash Rewards V $500, Best Buy Rewards MC $500
Dream Wallet:Barclaycard Arrival WMC (replace C1 Venture), Amex Platinum (replace Zync eventually), Andrews FCU Global V (chip + PIN for travel). Otherwise, pretty happy with my portfolio now.