Hey All
Tell me what you think strategy wise on what would be a good course of action.
I just was approved/received a 20K visa from my credit union. My revolving Util when the card reports will be 6%.
I have a AMEX blue everday card with only $500 cl. Had this card since '05. CL was once 10K before I screwed up my credit years ago.
I also have Citi thankyou preferred $500cl
Wayfair $4000 cl
Fico 08 are all 721+ and I expect after the new card hits it will climb some.
My mix is good with Mtg ln, studnt ln, car ln, revolvers.
Bads EQ - 3 paid med collections and (2) 4 yr old 30-day lates from closed CC
EX - 1 paid med collection and (2) 4 yr old 30-day lates from closed CC
TU - 4 paid tax liens and (2) 4 yr old 30-day lates from closed CC
All have only 2 HPs ( aug 2015 - Oct 2016) - lowest AAoA 10yr 8 months
I do have an SCT offer from Overstock waiting but I don't really want another SCT card I may barely use.
I also have another what looks like a good prospect offer from Suntrust bank for a Platinum Elite MC. I just don't want a card I have to pay $325anually.
So, should I wait for the new VISA to post to the CBs before applying for new credit?
I want to apply for Chase, AMEX, and Amazon or a combination of the three and join PenFed. It looks like PenFed is generous to people with a good profile.
I should be able to apply for a AMEX CLI and another AMEX and it only be a SP.
I want to get a couple of cards under my belt before I garden the remainder of the year.
Any suggestions?
Thanks
