topic Re: CHASE FREEDOM in Credit Cards

CHASE FREEDOM

Anonymous — Tue, 12 Mar 2013 22:59:21 GMT

hello everyone

im new to the forums

and would like to to thank everyone who contribute to this awsome place

and just have one question im a 29 years old and i was rcently aprove for the chase freedom well i was denied but i call the number on this forum and they aprove me for 500$ after a few questions and stuff

this is my second credit card i have a clean history no loans of any kind

only thing i have a credit card from capitalone in the amount of 300$ this card is one year old was open in 1/2012

my income is 37200$ yearly

but would like to get bigger credit lines so i can buy my own house in a near future

how can i get bigger credit lines ???

thank you in adavance

Re: CHASE FREEDOM

Anonymous — Tue, 12 Mar 2013 23:04:50 GMT

That subject deserves its own graduate school course or even area of study. haha.

Get another card, preferably an Amex and a store card from GEMB. Every 3 to 6 months call up all your cards and ask for CLI.

With your Capital one card, you'll have to email the executive office asking for a CLI, removal of AF, and a reduced APR. front line CSR's are less then useless at Cap1.

Consider geting a LOC from a CU just to add variety to your credit reports.

Pay everyone often, on time, and almost always in full.

More details can be found in your textbook.

Re: CHASE FREEDOM

09Lexie — Tue, 12 Mar 2013 23:07:27 GMT

To add to Turnpike's response, I would say keep your inq's /new cls to a minimum ESP if you are thinking about buying a house in a yr. Also, keep in mind with cc Hp for CLI's

Welcome to MyFico !

Re: CHASE FREEDOM

Anonymous — Tue, 12 Mar 2013 23:17:38 GMT

To get high credit limits you need good to excellent credit score and a higher income. Nonetheless, a credit union might give you a decent limit card with your current income.

Re: CHASE FREEDOM

09Lexie — Tue, 12 Mar 2013 23:25:40 GMT

@NewYorkGuy: Higher income ? I think that's a YMMV -

Re: CHASE FREEDOM

Anonymous — Tue, 12 Mar 2013 23:52:55 GMT

thanks for the reply everyone

i know i have lot to learn but i will get there eventually lol

by the way whats a LOC ???

Re: CHASE FREEDOM

09Lexie — Tue, 12 Mar 2013 23:58:04 GMT

LOC= line of credit

Re: CHASE FREEDOM

youngandcreditwrthy — Wed, 13 Mar 2013 01:20:03 GMT

Open a GECRB (legally -GEMB is incorrect!)

A GECRB account - many retail accounts- will allow you to get up to $1,000 credit limit range within a year-possibly $5-10k in two years, and potentially even a Visa, MC, Discover, or Amex upgrade!!!

That's what I'd do.
Examples:
Walmart, Dillard's, JCP, Belk, Buckle, Banana Republic, Paypal, Ebay, Lenscrafters, etc. lol