Hello all,
I'm looking for guidance. I've recently been pre-qualified for AMEX Delta Gold card through their website. I'm not sure if the website is legit with the pre-qualified offers. My FICO8 scores are EX644, TU632, EX 622. I have several credit cards Capital One Journey $2200, Home Depot $6400, Discover $2500. My utilization is at 46% so should I pay it down and then apply for the credit card?
Hello all,
I'm looking for guidance. I've recently been pre-qualified for AMEX Delta Gold card. I'm not sure if the website is legit with the pre-qualified offers. My scored are EX644, TU632, EX 622. I have several credit cards Capital One Journey $2200, Home Depot $6400, Discover $2500. My utilization is at 46% so should I pay it down and then apply for the credit card?
My guess is that you would be approved but your starting credit line will likely be low.
Getting utilization on all cards below 30% would be helpful in increasing your scores. So yes, if you have the means pay down your balances and give them time to report.
Is the Delta card useful to you? I went after the points but it sits in the proverbial sock drawer currently.
Thank you. I'm going to pay my cards down and apply in September when I'm lower than 20%
@Appleman wrote:My guess is that you would be approved but your starting credit line will likely be low.
Getting utilization on all cards below 30% would be helpful in increasing your scores. So yes, if you have the means pay down your balances and give them time to report.
Is the Delta card useful to you? I went after the points but it sits in the proverbial sock drawer currently.
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