topic Re: just noticed something in Credit Cards

just noticed something

Anonymous — Tue, 25 Mar 2008 04:02:34 GMT

i have surpassed my annual salary in available credit with unsecured tl's.

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 04:07:19 GMT

Is that an important RATIO for card grantors?

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 04:08:44 GMT

na, not that i know of. just an observation. we'll see if i get a sw alert and it refrencing that as a reason though, lol.

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 04:10:51 GMT

Wow! Nice going!

Your post inspired me to do the math on my own situation. Ummm....I'm up to about 2 months salary (not counting AUs). Geez.

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 04:18:58 GMT

I am getting closer all the time-

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 04:21:11 GMT

wow. surprised that you guys haven't already. guess that says something about the pay scale myfico hands to the mods.

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 05:09:10 GMT

ME TOO! One of these days I'm gonna have to get a job and quit standing in front of the Flamingo with a tin cup.

dnm45227 wrote:
i have surpassed my annual salary in available credit with unsecured tl's.

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 08:35:54 GMT

You know that your credit is where it should be when you have an individual CL greater than your annual income!

Re: just noticed something

haulingthescoreup — Tue, 25 Mar 2008 11:02:14 GMT

@dnm45227 wrote:

wow. surprised that you guys haven't already. guess that says something about the pay scale myfico hands to the mods.

Ha! Pay scale? What's that?

edit to add: I guess that's about where I am now, even not counting DH's Discover card, on which I am an AU. Fun, I hadn't noticed that!

Seems like plenty of credit, BTW. It's already getting a bit stressful keeping track, and I'm looking forward to being able to do a lot of card consolidation in the future.

Message Edited by haulingthescoreup on 03-25-2008 04:02 AM

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 10:42:08 GMT

I'm not quite sure I understand this post. Are you saying your available credit line is more than your annual salary? If so, that's awesome. I think mine is too but not by much.

Re: just noticed something

Red1Blue — Tue, 25 Mar 2008 10:52:28 GMT

Lol, When I worked at BK / McD my CL is greater than my Salary. ( Just joking. I never worked at those places)

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 11:22:07 GMT

jizoe182 wrote:
I'm not quite sure I understand this post. Are you saying your available credit line is more than your annual salary? If so, that's awesome. I think mine is too but not by much.

if i combine all my revolving accounts, yes. i just broke 80k worth of available credit.

Re: just noticed something

Red1Blue — Tue, 25 Mar 2008 11:25:27 GMT

My CL $46,000 / Annual Income $188,000. I like it that way. I dont want to over extend my CL. I am happy at where I am.

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 15:59:12 GMT

Interesting observation ducky.

I'm at 72% right now, total cl's / income(personal not HHI).

It's odd for me to realize that this time last year, that percentage was 12.6%. My what a year's time will do(and what this forum has done for me)

It's almost surreal.

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 16:13:07 GMT

Hmm.. I'm about 50% of annual income w/ revolving.. (not inc AUs)

that's good for right now, but i'll be happy when they're equal!

-P

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 16:24:32 GMT

Congrats! Im about 1/3 of mine.

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 17:05:31 GMT

Peas, what are you doing home again? Playing hookey?

Re: just noticed something

NICKI183 — Tue, 25 Mar 2008 17:10:07 GMT

@Red1Blue wrote:
My CL $46,000 / Annual Income $188,000. I like it that way. I dont want to over extend my CL. I am happy at where I am.

Wow Concorduser your work is really appreciated. You can tell by your Salary!!! LOL No BK's for you....

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 20:34:42 GMT

LOLOL --

Nope I was actually sitting at my desk! (Which is where I am right now!) I've figured out how to login to the forums at work! Woohoo!

I'm hosting a DC trip meeting tonight -- time to see if they parents are willing to spend almost 1k so their kids can go on our trip. Of course early planning = more fundraisers!

We used to have an anonymous donor who would pay for two trips in the name of a former faculty member who passed away, but we no longer have that as that person moved out of the area.

I coordinate a dance every year to help with fundraising for at least one scholarship and to pay for the substitutes while I'm gone -- as well as subs for another other faculty chaperone.

Okay, i'm rambling -- time to finish the slideshow for tonight!

-P

(I'm assuming this fell under "just noticed something" because Syl just noticed I was posting during the day!)

Re: just noticed something

Anonymous — Tue, 25 Mar 2008 20:49:46 GMT

Hehe- My CL are greater than my annual income but I'm on a fixed-income so that ain't saying much.