@Anonymous wrote:
Ok, let's not get carried away with drama and theatre, here...the only way a profile gets Stuck for 'life' with low CLs is that the debtor continually shows themselves as too much of a RISK for more.
Everyone keeps selling themselves on this nonsense of crazy usage and 6 months of history being the be all of getting the NEXT big thing.
We always hear about the rich, getting richer and about how those who don't need credit, being able to get approved almost at will....
That's because ppl need to spend some time looking like they don't NEED more credit, we need to take some time to LOOK the part of a non-member, a non-credit-chasing hooker.....and that's what too many ppl look like forever chasing this account and that account prematurely.
The 9-11% of the population with over 800 Fico scores, have a few things in common...
A) Their heads aren't on swivels constantly looking to ADD , yet another account and
B) They use the CL's they already have sparingly, making it clear they don't NEED the CL to live
C) Their accounts AGE more than '6 months and I'll ap again.'...is a recipe for getting stuck in certain tiers never to ascend.
If we spent more time building the proper profile and history the scores will rise...Then, once you're in a tier or class, it much more to ascend to a level , than it is to rebound BACK to where you BELONG.
The model is evaluating RISK, scores only give room to ignore 'some'risk and not vet certain things as diligently but it doesn't ignore everything.
No matter how well, one has paid in the past certain things are still a risk, score be damned...there are certain things UWers want to see or not see....
If those things are present...good, if not...no thanks, simple as that....a score can used to keep a file out, otherwise it's just a hoop that thins the herd of apps.
19 kids with one account can be rated a 725 within the scoring model but it's basically a ghost 725 not a real 725 , one that has history and age to it...no matter what the truth is the kid as battled 12 payments, whereas a seasoned file is like a war vet with 100s of payments and mix....the risk level, isn't even close.
You've pretty much covered the "facts of credit life". Will make me sit back and analyze my behaviors, and temper the desire to always have more. Thank you for a well said post. 
@Anonymous wrote:Applied for the quicksilver, should have tried for a platinum or quicksilver 1 first; guess their determination of it taking excellent credit is true.
Anyway I was in hope's I'd be approved, but its okay another inquiry to add to the stack, hope my score doesnt take to big of a hit.
I'm not apping anymore, i will keep my list of subprime cards. For most 6 months of history is enough to get better cards, perhaps I am just applying for things that my score and history will not support.
Thanks to everyone on Myfico for the wealth of advice!
+1 what Musiclover said. Give it some time. Your scores are very nice, so just roll with it for the time being. Prime isn't too far away for you!
