Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
Well at least I tried :)

So my PSECU BT finally cleared on the card and new balance is reporting. Called in today and asked them if they can do a manual update for me, no dice unfortunately. They can only report once a month.

 

So now i'm stuck with false overall util. until next month. I really hope I don't get SP'ed by any of my creditors. I'm up to 40%. :smileysad:




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
TNTransplant
Posts: 772
Registered: ‎01-03-2012
Re: Well at least I tried :)

You will be fine.

 

Heck, when I started paying things off this year my overall utilization was over 70%.  I'm sure they were softing me regularly, but no AA resulted.

 

Next month all will be well... :smileyhappy:


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Valued Contributor
maiden_girl
Posts: 2,094
Registered: ‎12-29-2011
Re: Well at least I tried :)

I need to call some CC companies myself and have them update my info. My new increases aren't reporting quite yet...

The truth is out there...
FICO scores: 758 (EQ) 741 (EX) 768 (TU) 8/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Discover (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Valued Contributor
navigatethis12
Posts: 1,913
Registered: ‎01-24-2012
Re: Well at least I tried :)

I think you are thinking too much of this. If you had just opened ten new cards and all of them reported as maxed out, then you may have problems. While 40% may be slightly high, it is not that big of a deal.

Valued Contributor
RyVision
Posts: 1,346
Registered: ‎04-15-2011
Re: Well at least I tried :)

 

LS,  40% isn't a big deal, it sounds a bit high if you're in the market for a credit product, but otherwise, lenders don't see that as worrisome.  I bounce between 20 an 85% all the time,  score follows  up and down but there's never been an AA from it.  Actually, near the higher end of the scale was when Discover called and gave me a CLI.

 

I really don't think you have anything to worry about at the 40% level.

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
Re: Well at least I tried :)
Thanks guys, was kinda depressed about it today. Them O's can help with a WIN!!! :smileyhappy:



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
MountainHiker
Posts: 651
Registered: ‎08-07-2012
Re: Well at least I tried :)

LS2982 wrote:

So my PSECU BT finally cleared on the card and new balance is reporting. Called in today and asked them if they can do a manual update for me, no dice unfortunately. They can only report once a month.

 

So now i'm stuck with false overall util. until next month. I really hope I don't get SP'ed by any of my creditors. I'm up to 40%. :smileysad:


I'm sure you'll be ok.Do creditors put a great deal of store in our utl even after we get the card? I was under the impression that a medium percentage utl is not that bad as long as we dont carry high utl month after month. What is your opinion?

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Established Contributor
MountainHiker
Posts: 651
Registered: ‎08-07-2012
Re: Well at least I tried :)

maiden_girl wrote:

I need to call some CC companies myself and have them update my info. My new increases aren't reporting quite yet...


I wish it was possible to get Wells Fargo to update on request but so far its a no go.

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Valued Contributor
maiden_girl
Posts: 2,094
Registered: ‎12-29-2011
Re: Well at least I tried :)

Yea 40% UTIL isn't bad...all my reports are reporting HIGH UTIL and haven't updated in a few. Annoyed beyond reasoning! LOL.

The truth is out there...
FICO scores: 758 (EQ) 741 (EX) 768 (TU) 8/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Discover (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Regular Contributor
beautybrainsbooty
Posts: 212
Registered: ‎08-02-2012
Re: Well at least I tried :)

Ok. Listen. Look at me. 40% is nothing. In the whole scheme of things you will be fine. It had to get over my own near manic utilization fears and realize that I am being responsible, paying off my CC debt "early & often" like never before. Creditors love to see you use their cards! The only time I worry about util is when I am going to app. Just let everything post and update. Its ALL GOOD!!! :smileywink:

started mid 500's. Disputed incorrect items and within a month or two my scores have skyrocketed and continue to do so
EQ: 755 as of 8/2013
TU: 700
Experian(or as I call them, the devil) I have no clue, they haven't released my report
Goal=801 across the board!!! Not too far from this, hoping to garden until Christmas 2013