CC Companies and DTI

Bman70 · ‎03-08-2015

So I know that with mortgages, DTI (debt to income ratio) is a big factor when evaluating whether to approve or not. But I haven't found a lot of information on credit card approvals and DTI. (Yes I did some searching here.) Is it true that a great FICO trumps DTI in credit card approvals?

Does anyone have any personal evidence of: 1. DTI influencing approval or disapproval for a credit card, not mortgage. 2. DTI being responsible for less than the best interest rate on a credit card. 1 and 2 would have to have an otherwise good or excellent FICO, so that wouldn't be a factor in the denial or interest rate decision.

EX 822
TU 834
EQ 820

gdale6 · ‎03-09-2015

Some will only care about what you are using and others will calculate what your DTI will be if you were to run all your cards to the limit.

disdreamin · ‎03-09-2015

I don't know if it's really a DTI issue, but AmEx got spooked and gave me a toy limit on a new BCP card I applied for. Apparently my exposure with them (I have a Skymiles Platinum with them) was edging toward excessive, to their way of thinking. I think YMMV depending on the CCC.