Finally in with CHASE!!!! Question about 5/24....

[CreditAggie]

Congratulations on your approvals!

[sjt]

Congrats.

Regarding Chase soft pulls, I would make sure that 1) You keep low utilization, 2) Pay your Cahse Card in full, and 3) Don't apply for any more credit for at least 6 months.

[cashorcharge]

That’s Terrific!! Congratulations on your Approval!!👏🏼🍾🥂

[JJ1300]

I'm not sure exactly what you mean by this "I don't understand why you have scores in the early 700s yet were approved for higher SLs with a bad history that is now off your reports."  That bad history is just that, history.  So it wasn't used as part of any of these recent credit determinations.  My scores were in the mid to upper 7's previously and I have had some cards with 17-25K lines for quite awhile now.  I'm guessing that may have played a role. My income is also 300K+, so I'm guessing that could play a role too.  I currently have 31 open revolvers reporting with about a dozen of those showing balances.  I also have 5 closed revolvers that are reporting.  I have 2 open primary mortgages, a closed mortgage from a refi and a paid off HELOC. I also have 18 installment loans reporting (14 paid off and 4 open).  Synchrony tends to give high limits once you establish a relationship with them, especially Lowe's and CareCredit.  Penfed and NavyFed.  Citi has always been stingy.  I was shocked when Home Depot (Citi) increased to 17,500.  Synchrony also is the Queen of soft pulls.  Freezing your credit (just in case) and requesting CLI's periodically on all your synchrony accounts is a great strategy.

Last, I actualy DID do my soft pulls with Synchrony  and tried a few others BEFORE unfreezing my credit reports.

[JJ1300]

Unfortunately, that won't allow me to make the type of headway that I need to.  My overall utilization will be under 39% now.  I am simply going to go from paying off several cards that are high UTI % and a few others that aren't and end up with 4 that are high UTI % but will be 0% interest and will have quickly declining balances as a result.  The effect of this will ultimately bring me down to under the magic 29% UTI and eventually maybe even the ever so more magic 9% UTI.

[JJ1300]

This is one area that I know I missed on.  Had I done my usual boatload of research ahead of time, maybe I would have gone that way.  Unfortunately, although this was planned in some regards, it was spontaneous in other respects.  I may well do some more BT down the road and this will certainly be something I will try and remember.

[JJ1300]

Fingers crossed!  They are already processing my BT, so hopefully not!

[JJ1300]

Right?!  I thought they had me on a blacklist....lol.  Well, they actually likely DID have me on the BK blacklist...but it's gone now.  See ya!!!!

[JJ1300]

The $8,000 SL was on Chase.  Citi was their usuall stingy self at $3,000.  Although, they showed me some love on the Home Depot CLI!

[JJ1300]

#2 isn't possible, since I'm utilizing the BT offer.  I will be making large payments on all of these 0% BT balances but I will make sure to focus a little heavier on Chase when I can.