@Anonymous wrote:So here is a question I have not seen asked...
If you have "firm rate" prequal from a few different finance companies would it be logical that those that gave a "firm rate", the lower the rate the stronger the pre-qual and possible indicater of a larger SL?
Is that kinda logic demonstrated in known lender behavior
When you say finance companies, what are you referring to?
If you mean credit card issuers your logic is sound. Perhaps it is just me, but "finance companies" is a term often associated with preditory lenders. These types of lenders can often lower your credit scores as they portray desperation, rightly or wrongly.
Many of the installment lenders marketed by various "free credit score" websites will fall into this category, perhaps unfairly. There is a great deal of information available via web searches.
Edit: SL should have clued me in.
@Anonymous wrote:Yes Credit Card Lenders...
CITI 15 & 16% rates quoted
Cap One 25% rates quoted
Disco 20% rates quoted
Everyone around here says if it is not a range, but a specific rate, it is solid.
@Anonymous wrote:Here is the DATA:
DATA:
Jun 2019 - FICO8 740+ - 16% Util ( 9K of 58K) DTI: 16% 3 CC < 49% + 1 Store Card < 22% - 6 CC's= 0 Bal - 2 Installs - 1student/1Prosper
Lates: NONE - NO BK Reporting
AAoA 5 yrs
Old - 15yrs
2 TU - 0EX - 0EQ
2 TU Inq were: Prosper opened April 1 / NFCU CC opened May 2nd
2/6 - 0/12 - 0/24
FNBO 0/5250
Discover 0/3900
Cabelas 0/1500 (willl not go above 1500 w/BK showing, HP CLI) eligible now for CLI
PPMC 0/1900 (never an CLI - converted SmartConnect Line --> PPMC 321Rewards)
QS1 0/2750
Mercury 3300/6600 (Former Barclay Rewards)
Merrick 1750/3600
Amz (Sync) 1000/4500
Venture1 1450/3000
NFCU 0/25000
Closing after TBD is open
Waiting for 91/3 NFCU Plat app date: Aug 3
BT all of your balances (unless they are 0%) to NFCU. That gets you AZEO, and under 30% with NCFU.
Wait a month for them to all report. I bet your offers will improve.
You still need to worry about all the new accounts. It is going to catch up.
I'm sorry! Mixed you up with another post. My bad.