Moderator Emeritus
Posts: 10,898
Registered: ‎12-30-2011
Re: 50% util, should I app?
[ Edited ]

Usually I suggest that you open a tradeline as soon as possible if you want it, but in this case I'm not certain I see the draw.


As I understand it, you're going to take a HP to join; you're going to take a HP to open the card; you're going to take a HP to get any CLI's in the future.


It won't matter long term but if you're doing this for limit chasing in addition to the FICO score, I think you're better waiting to make your report as pretty as possible.  If you just want the FICO score and the limit is irrelevant, then apply on opening.


Edit: April looks good from a tradeline perspective if you can pay down by then, take the 6 months seasoning on half your cards for a likely FICO bonus.


Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 693, EQ 8 685, TU 705, EX 709 (02/27/15)
Goal Score: 700 on EQ 04 (01/01/16)

Take the myFICO Fitness Challenge