@precision wrote:
@bourgogne wrote:
@precision wrote:
Thanks.
I just figured with no baddies and my current scores I would see at least a 20k limit and lower than a 12% APR based on the approvals I have been seeing.
the good news is that you will never be able to figure it out, so go see john wick or ride a bike or eat deli. what is your oldest account, aaoa and do you have any loans? how many other cards, when did you get them and what is your high limit? congrats, I think that is a great sl / %. this is not chase where everything is instant, sometimes penfed and nfcu can take 24-48 hrs to appear.
I now have 9 new accounts since October 2016. Previous to that I had no credit score available. I got 2 unsecured cards (Discover and Cap1 QS1) and one secured card (BOA) with toy limits in October and when I finally got scores in December I picked up my highest limit so far of a $5000 Citi Costco then a $4500 Chase Freedom and a $3000 Sam's MC. Since then I have picked up an Amazon store card ($2700) which I would not have apped for if I knew that the Chase Amazon ($2500) would go to 5%. But now I have both. My 9th card is the NFCU cashRewards at $14,300.
My oldest account is a closed Discover AU at 14.1. My AAoA was 2.0 and will be lower after this. And no I have no loans right now.
I realize that this is pretty good only being 4-5 months into this process. I had just hoped for a larger limit with NFCU to be a better crowbar. But it still essentially tripled my highest limit.
@Anonymous you had me @ 9 new accounts since October 2016, you are lucky you got with them at all. really. want some totally free advice? too late ha-ha
@this is a game of quality over quantity imo. anyone can get a card with a low sl or a >% or both, does not take much. The real juice comes from apping for a csr or similar and walking away with a $30K+ sl. I have seen it play out again and again on this forum. BBS said it best, don’t app until you are @ ~700 and really have a purpose for the card(s) you want to acquire. I had some plumbing go sideways this am and grabbed a $21K csp to basically get $ 1155 worth of travel for later in the year. Took < 30min out of my morning to drive to the branch. After 2 pc’s I will have a csr @ 30 and a fu @ 11 which is nice but it took me far longer than just being in a position to get a great limit the first time around and the reason I have to take the long way is because I screwed up my credit. There is a well know contributor on this forum that has ~12 cards and none have a cl of less than $25K and most are 30-40. And they are all outstanding cards with purpose. No stores cards, half are business, no ax in the bunch I don’t think. Really stuck with me. it’s your choice how you want to play the game. Never be late. Take care
