Congrats! That is an awesome SL. But hey, they would still only get a $500 SL with Credit One and even then, only $287 available upon reciept. 
Congrats to you!
@Anonymous wrote:WOW! Congrats to him! Big SL and big salary! Have a question for him. My hubby and I don't make as much but more than the norm. We have good credit imits and always keep our UT at the high range of 13% and mainly under 5%. I'm finding when I charge 25k in furniture, some cc's seem to think that is a high UT. We really don't see that as we can pay it off or pay it in 3-6 months. It just depends on what else we're improving with our home and how many checks we have to write since most construction businesses don't accept cc's around here. Just wondering if your friend has any similar issues. Thanks.
While I do not have the luxury of being in a higher income bracket as you and OP's family member at this time , I do relate to your inquiry of high usage versus high utilization. I do not believe that a high usage that is PIF should be assessed in the same way of high usage and carry the balance for along time. Nevertheless, some creditors and I believe the FICO model factors the high usage. Someone else pointed to the mistake I was making. I would always clear my minimum payment on or before the payment due date but I may not PIF until a day before the statement date. So while the statement balance is low or 0, the "HIGH BALANCE" is higher because it exist on the payment due date. Gong forward, I'm going to accelerate my lump payment to the payment date so the report "HIGH BALANCE" is lower and then make an additional payment if necessary before the statement date.
How does anyone making $400k carry credit card debt?
