@CivalV wrote:
Im back again! So I have some questions about Chase 5/24 rule. I was wondering if installment accounts such as Fingerhut and Self Lender are included in this 5/24?
I also wanted to ask if there is a data point thread for Chase Freedom?
I know my current scores do not support even just a thought for a Chase CC 😂
My UTL is also high so I am just asking for future reference. I do have an active Chase checking account.
I am far more interested in NFCU GO Rewards or the NFCU Plat for a $1400 BT. I have another thread in regards to the possible BT.
Data points just for fun
Current FICO 8 Scores EQ: 619 TU: 630 EX: 618
Inquiries: EQ: 5 TU: 2 EX: 4
2 new accounts opened in December EQ pulls.
Target: $300 SL
HSN: $750 SL
Overall UTL 70% *I know its high, I am paying off $4000 within the next 2-3 weeks* that will put my UTL below the 48.9% threshold.
AAOA 6-7YRS AAOA 1YR 6-7MTHS
Currently: 8/24
June 19’: 3/24
11 revolving accounts, 2 out of 11 are installment loans. Self lender started at $1700. I now only owe $700. It matures in June.
Combined Income: $149k
Individual: $55k
Extra Income: $8000
Highest SL is my Cap 1 QS1 $2750
Second highest SL Discover 5% CB $2000
Fingerhut - yes, it's revolving credit
Self Lender - no, instalment loans are safe from 5/24
There is no dedicated DP thread about Chase Freedom that I know of, but if you use search feature in Applications and Approvals forum, it may provide additional info for you.
