Need Help with Finding another Credit Card-CMS

[AverageJoesCredit]

Ps, what is Amalgamated?

[Brian_Earl_Spilner]

---

@AverageJoesCredit wrote:
Ps, what is Amalgamated?

---

It's what Wolverine's claws are made of.

I agree, especially with Chase. High risk of them balance chasing or closing the account.

[AverageJoesCredit]

Lol, wasnt that vibranium🤔

[Brian_Earl_Spilner]

---

@AverageJoesCredit wrote:
Lol, wasnt that vibranium🤔

---

Pretty sure thats what Spiderman's webbing is made of.

[coldfusion]

---

@AverageJoesCredit wrote:
Ps, what is Amalgamated?

---

Which Amalgamated are we talking about?  The Amalgamated Bank headquartered in Manhattan or the Amalgamated Bank of Chicago?

The NY bank issues co-branded Elan cards.

[Thaitea007]

In the wise words of Dave Ramsey, "that would be a stupid Idea"

You already in about 39k in credit card debit,  in IMHO I would not be looking to add another 10k to that. 

even if you can get approved for it. 

good luck! 

[CGeorge]

I have to agree with @Thaitea007 - I just don't think that it is the right time for you to take on more debt.

And, yes, with your current rate of utilization, you are running the risk of your current lenders lowering your CLs, or worse, closing your accounts altogether.

[Anonymous]

This is my opinion and is NOT a pass of judgement.

Unless the purchase is medical or something very necessary, I would wait until your credit card debt is at least cut in half. They’re not going to give you a credit card at least with the limit you are seeking.

What are the APRs on the cards and what’s your DTI?

It may make sense to get a personal loan at 14% interest rate. Then your score will skyrocket. But if the purchase in a non necessity then I would still wait. I used a loan to pay off credit cards and then went on a spending spree.

Again I’m not just expressing my thoughts based on my experience. If it is indeed medical or necessity then a loan may be the way to go.