topic Re: High individual utilization % DOES NOT equal CLI's or Approvals in General Credit Topics

High individual utilization % DOES NOT equal CLI's or Approvals

racer-x — Sun, 29 Mar 2015 11:18:46 GMT

OK, so i got a bunch of new accounts and CLI's worth about $50k...not sure, didn't add it up.

One lender actually reinstated most or all of my original CL's after some CLD's a few months ago.

I have 82%, 48% 33% uutilization on 5 accts, but I still received CLI's and quality new approvals.

Point is, if you have high individual utilization on several accounts, CLI's and/or new approvals ARE NOT POSSIBLE. You will never get CLI's and will never receive new tradelines.

Re: High individual utilization % DOES NOT equal CLI's or Approvals

lincar66 — Sun, 29 Mar 2015 17:30:15 GMT

I would be careful saying never lol that's been proved wrong many times

Re: High individual utilization % DOES NOT equal CLI's or Approvals

racer-x — Sun, 29 Mar 2015 19:13:04 GMT

@lincar66 wrote:
I would be careful saying never lol that's been proved wrong many times

You'd have to read this thread http://ficoforums.myfico.com/t5/General-Credit-Topics/High-individual-utilization-good-approvals/td-p/3891803 to 'get' the sarcasm/tongue in cheekishness of this thread. lol