I would like to start off by thanking each of you for your wisdom. I got some good insight on this situation from all of your responses and I plan on heeding the advice and warnings. And after thinking it through... I guess I do have alot of nerve getting pissed at Cap1 for protecting there interest. Also, I never knew until reading this thread that banks can do a CLD for carrying a high balance 
However, I called Chase back this afternoon on one of the backdoor numbers to discuss a CLI to support transfering my other higher rate balances. The rep I spoke with was very nice and told me in order to be considered for a CLI they would need to do a second hardpull of my TU report. I inquired if there was anyway around it, being as though I was just approved last night. He stated there was not and suggested I think about it and decide within the next week or 2 before it would make a diffrence. He then told me another pull would not do any harm to my credit profile, being as though I have not had any inquiries since 4/2012 . He then advised that when banks factor inquiries into there decisions, they review all inquiries for a 2 year period.
I just bought my condo in Sept 2011 and the only new credit I have attained since that time was HD Sept 2011 and TJ Maxx 4/2012.
The only recent deliquent/discharged acct on my report is Verizon Fios in the amount of $189. This was placed on my CR's 1/2012 due to a billing dispute. My goal on this is to see if I can find any backdoor numbers for Verizon on his forum. Im hoping to get a PFD with this account by the New Year. I also have a few old medical bills that should be falling off in the next 2 years as well. Aside from my CC's listed above the only other accounts I have is a SL payment of $190mthly, a car payment to Acura Financial for $480 mnthly, 2years left to PIF. Oh and I almost forgot my BML account, that is a $800 limit with $50 available credit.
In closing I sat in the garden for so long because I wanted to pay my debt down. But I was not strong, I paid it down and ran it right back up. So truth be told I wasted my time in the garden. Like another poster stated, I was lucky I got approved for Chase. I want to be strong this go-round, therefore I will not request a CLI from Chase. I will do the BT with my TJ Maxx and work my way down from there.
My goal as a recent homeowner is to have 3 good prime cards and my HD for any home emergenices I may run into down the road. I also want to be in good financial standing on all my TL's and have extra credit extended to me with ease if ever needed.
Again, I appreciate all the input and feel free to share any other advice you may have on the added info I provided.
Thanks
@qt33 wrote:I would like to start off by thanking each of you for your wisdom. I got some good insight on this situation from all of your responses and I plan on heeding the advice and warnings. And after thinking it through... I guess I do have alot of nerve getting pissed at Cap1 for protecting there interest. Also, I never knew until reading this thread that banks can do a CLD for carrying a high balance
However, I called Chase back this afternoon on one of the backdoor numbers to discuss a CLI to support transfering my other higher rate balances. The rep I spoke with was very nice and told me in order to be considered for a CLI they would need to do a second hardpull of my TU report. I inquired if there was anyway around it, being as though I was just approved last night. He stated there was not and suggested I think about it and decide within the next week or 2 before it would make a diffrence. He then told me another pull would not do any harm to my credit profile, being as though I have not had any inquiries since 4/2012 . He then advised that when banks factor inquiries into there decisions, they review all inquiries for a 2 year period.
I just bought my condo in Sept 2011 and the only new credit I have attained since that time was HD Sept 2011 and TJ Maxx 4/2012.
The only recent deliquent/discharged acct on my report is Verizon Fios in the amount of $189. This was placed on my CR's 1/2012 due to a billing dispute. My goal on this is to see if I can find any backdoor numbers for Verizon on his forum. Im hoping to get a PFD with this account by the New Year. I also have a few old medical bills that should be falling off in the next 2 years as well. Aside from my CC's listed above the only other accounts I have is a SL payment of $190mthly, a car payment to Acura Financial for $480 mnthly, 2years left to PIF. Oh and I almost forgot my BML account, that is a $800 limit with $50 available credit.
In closing I sat in the garden for so long because I wanted to pay my debt down. But I was not strong, I paid it down and ran it right back up. So truth be told I wasted my time in the garden. Like another poster stated, I was lucky I got approved for Chase. I want to be strong this go-round, therefore I will not request a CLI from Chase. I will do the BT with my TJ Maxx and work my way down from there.
My goal as a recent homeowner is to have 3 good prime cards and my HD for any home emergenices I may run into down the road. I also want to be in good financial standing on all my TL's and have extra credit extended to me with ease if ever needed.
Again, I appreciate all the input and feel free to share any other advice you may have on the added info I provided.
Thanks
Bravo the forum is all about honesty and helping.
That being said you took the tough love and made a very good decision IMHO....
It takes a level headed person to weigh all the advice given on this forum and make the right choice and you did
I look forward to seeing you in the garden to help you stick with your plan to pay off your debts and make your financial picture brighter and the GC will offer all the support from each and every member.