Re: If you only have 1 CC, 0 or 1% util?
09-24-2012 03:21 PM
You do have high scores and congrats to you on that. However as you have said you do have a thin file. This may prevent you from getting some credit lines due to the fact you have but 1 revolving account. The general rule is 3 revolving accounts to make full use of it. I do advise only apping for anything if you absolutely need, or want it. If you take the hit now for Inqs and the AAoA they will age rather quickly and will demonstrate better use of revolving credit. Good Luck!
Starting Score: 504
Current Score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
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