I have an eye surgery schedule for June 1, and it's fairly pricey. The doctor brought up CareCredit, which I had used before in the early 2000s when my scores where in the mid 600s. I'm talking with my insurance company about what is covered and what isn't, but I'll probably need around $7500 or so from CareCredit.
My current FICO 8 (per Wells Fargo) is 736, and my TU is 724, do these scores seem like reasonable scores to get the $7500? And does CareCredit have a reconsider line?
Also my current UTL is 12%, if that makes a difference.
Starting Score: 447 - 5/2019, FICO 9 by Wells Fargo
I had one before and was stupid and let it CO.
Now I'm looking at about 10K in dental work and decided to try again and was approved for 600 -- 1/2 of my previous credit limit. HOPING I can get it to grow but not to optimistic.
But, sadly, it was useful when my cat needed to be taken to the vet after hours just last night... Several hours later and some very bad news later, used it for the first time as I had to make the gut-wrenching decision to say goodbye to my cat. It is 6 months with zero interest. I'd rather have my cat back happy and healthy, though.
Vet care, vision care, and dental care -- this is a very useful card because insurance doesn't even come close to covering the costs. Many practices participate in the 0 interest for 6 month financing which is very useful.
As the dental hygienist said the other day when I was getting the news that I was going to need to have 5 teeth pulled (at least 4 of those are wisdom teeth) and looking at total tab over 10K (dental insurance max benefit is 2500), think of dental insurance as. "coupon" and not real coverage.
I guess I view Care Credit like I view insurance at this point... you probably need to have it but never want to have to use it.
@FinStar wrote:
@designated_knitter - I'm sorry to hear about your kitty cat crossing the rainbow bridge 😔. That is never an easy decision to make, I know - I've been there. Just know that you fought and cared for your furry friend til the end.
@FinStar Thank you very much. I've had a lot of pets and had to say goodbye to alot of pets over the years but this one really hurt. I adopted her and her brother about 10.5 years ago and her brother seems to be a little lost now. I'm lucky to have had her for as long as I did.
There's no way to know what your SL will be. When I was approved in Feb 2020 I was hoping for 5k because I wanted to stay under 30% utilization when I activated the promo plan for dental crowns. I got $4500. I called and asked for a larger amount to keep utilization low. Was told I needed to wait. Sorry but I cannot remember exact reason they gave for denial. I do know I did not know exactly what the first crown would cost so that was likely a factor.
Well luckily my first crown was only $1000 so my utilization was under 25%. I chose 12 month deferred payments but paid it in 9. Then I scheduled my second crown. Got that done in March of this year and I'm on another 12 month promo.
Meanwhile I hit the CLI link online after I had the card 6 months and had no problem getting a large increase. Did it again 90 days later.
My plan was to get 2 more crowns this fall when I've paid off my current promo, this time using an 18 or 24 month promo, but when I mentioned this to my dentists admin she told me they only do 12 month Care Credit promos. I can't afford the monthly payments needed to pay off two crowns in a year so will continue getting one done at a time.
