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Garden Club Meeting - March 2014

Valued Contributor

Re: Garden Club Meeting - March 2014


Aleecat wrote:

MsLadyRover wrote:

Hi Gardeners!

How is everyone?

I was away on vacation but I am back now and still Garden Strong!

It's Day 76 and all seedlings are growing well!


Hello, I'm felling a little appy but strong :} Congrats on your seedlings...


Thank you.

Feeling a little appy? LOL! That's cute.

Stay strong my friend!



Starting Score: 639 (Walmart TU)
Current Score: TU 715 (Barclay) EX 685 (myFICO) EQ 697 (myFICO)
Goal Score: 700 Across the Board (Mortgage Goal Achieved 1/31/2012!)

Take the FICO Fitness Challenge
Message 6021 of 9,162
New Contributor

Re: Garden Club Meeting - March 2014 ( 1800 Citi Aadvantage cc bill Please help ! )


msf12555 wrote:

Aleecat wrote:

msf12555 wrote:

Aleecat wrote:

Just put a 2200.00 cruise on my credit card Citi Aadvantage last month. I payed  400 before the statement cut so I now owe 1800 on a 8500 limit card. I have the money to pay the remainder 1800.00 in full.  Should I pay in full or pay off in increments? My credit cards are all at zero balance with exception of a maybe 200.00 on my AMEX BCE. I want to garden the best for my score as well as make Ciit give me a great CLI in the future since I plan to use highly for airline miles. All scores are 740 and above...

 

 

Thanks

 

Aleecat Smiley Happy

 


Your Fico score will be best served if you have one card with 1-9% UTIL on it, and all the rest zero. However, Citi may have it's own preferences, i.e. they may like to see a balance paid off over time. I pay off my cards all the time so I never get charged interest. I think a good way to get a CLI is to show that you would benefit from it by using the card and putting as much through it as possible. Every situation is different, but this route never seems to hurt.


HI yes you make a good point. I have not intrest until 2015. Would that change you answer?

 


It depends. For your FICO score, there is no memory about Utilization, meaning that you could pay minimum payments every month, and then all of a sudden pay it down to 5%, and once it reports to the CRAs as 5% your FICO score will reflect it that way. It doesn't take UTIL history into account basically. Citi, on the other hand, can see what your history with them was and may take it into account. Some lenders like carrying a balance, and some very much don't. I don't know about Citi personally.

 

If you were asking about me, I never make a purchase on my credit card that I can't pay for immediately. That's totally a personal choice though.


Thanks again for a your answering me . I am the same way too. I don't charge what I can afford to PIF. I just wanted to be on Citi's good side as If I can get a high CLI I can rake in lots of miles without denting my utilization(lots of travel). I don't want to use 50 -60% a month anf PIF because I can. That may reflect bad on my utilization depending on when they send the snapshot to the credit bureau. I have been making multiple payments each month because of my usage. Thanks , Hopefully someone will have some ideas on how to crack the citi generous sp cli nut ! Smiley Happy

Message 6022 of 9,162
New Contributor

Re: Garden Club Meeting - March 2014


MsLadyRover wrote:

Aleecat wrote:

MsLadyRover wrote:

Hi Gardeners!

How is everyone?

I was away on vacation but I am back now and still Garden Strong!

It's Day 76 and all seedlings are growing well!


Hello, I'm felling a little appy but strong :} Congrats on your seedlings...


Thank you.

Feeling a little appy? LOL! That's cute.

Stay strong my friend!


LOL... Thanks ... I will Smiley Wink

Message 6023 of 9,162
Moderator Emeritus

Re: Garden Club Meeting - March 2014 ( 1800 Citi Aadvantage cc bill Please help ! )


Aleecat wrote:

msf12555 wrote:

Aleecat wrote:

msf12555 wrote:

Aleecat wrote:

Just put a 2200.00 cruise on my credit card Citi Aadvantage last month. I payed  400 before the statement cut so I now owe 1800 on a 8500 limit card. I have the money to pay the remainder 1800.00 in full.  Should I pay in full or pay off in increments? My credit cards are all at zero balance with exception of a maybe 200.00 on my AMEX BCE. I want to garden the best for my score as well as make Ciit give me a great CLI in the future since I plan to use highly for airline miles. All scores are 740 and above...

 

 

Thanks

 

Aleecat Smiley Happy

 


Your Fico score will be best served if you have one card with 1-9% UTIL on it, and all the rest zero. However, Citi may have it's own preferences, i.e. they may like to see a balance paid off over time. I pay off my cards all the time so I never get charged interest. I think a good way to get a CLI is to show that you would benefit from it by using the card and putting as much through it as possible. Every situation is different, but this route never seems to hurt.


HI yes you make a good point. I have not intrest until 2015. Would that change you answer?

 


It depends. For your FICO score, there is no memory about Utilization, meaning that you could pay minimum payments every month, and then all of a sudden pay it down to 5%, and once it reports to the CRAs as 5% your FICO score will reflect it that way. It doesn't take UTIL history into account basically. Citi, on the other hand, can see what your history with them was and may take it into account. Some lenders like carrying a balance, and some very much don't. I don't know about Citi personally.

 

If you were asking about me, I never make a purchase on my credit card that I can't pay for immediately. That's totally a personal choice though.


Thanks again for a your answering me . I am the same way too. I don't charge what I can afford to PIF. I just wanted to be on Citi's good side as If I can get a high CLI I can rake in lots of miles without denting my utilization(lots of travel). I don't want to use 50 -60% a month anf PIF because I can. That may reflect bad on my utilization depending on when they send the snapshot to the credit bureau. I have been making multiple payments each month because of my usage. Thanks , Hopefully someone will have some ideas on how to crack the citi generous sp cli nut ! Smiley Happy


Your current strategy works well for most creditors. Sounds like you are running a large amount of spending through it, and making multiple PIF payments a month to keep your balance low. I think that's a pretty good strategy Smiley Happy

Message 6024 of 9,162
Highlighted
Regular Contributor

Re: Garden Club Meeting - March 2014 ( 1800 Citi Aadvantage cc bill Please help ! )

Hi. My name is Wolfman, and I'm an cardoholic. 

 

Ok, Not really, but back in the garden, until something interesting shows up out there that pops my interest. Smiley Happy

 

Happy gardening!

Message 6025 of 9,162
Moderator Emeritus

Re: Garden Club Meeting - March 2014 ( 1800 Citi Aadvantage cc bill Please help ! )


WolfMan wrote:

Hi. My name is Wolfman, and I'm an cardoholic. 

 

Ok, Not really, but back in the garden, until something interesting shows up out there that pops my interest. Smiley Happy

 

Happy gardening!


Well Welcome to the GC!

Message 6026 of 9,162
Valued Contributor

Re: Garden Club Meeting - March 2014 ( 1800 Citi Aadvantage cc bill Please help ! )


WolfMan wrote:

Hi. My name is Wolfman, and I'm an cardoholic. 

 

Ok, Not really, but back in the garden, until something interesting shows up out there that pops my interest. Smiley Happy

 

Happy gardening!


We love you WolfMan!



Starting Score: 639 (Walmart TU)
Current Score: TU 715 (Barclay) EX 685 (myFICO) EQ 697 (myFICO)
Goal Score: 700 Across the Board (Mortgage Goal Achieved 1/31/2012!)

Take the FICO Fitness Challenge
Message 6027 of 9,162
Senior Contributor

Re: Garden Club Meeting - March 2014 ( 1800 Citi Aadvantage cc bill Please help ! )

Hey folks. Just checking in for the day. I will be popping in and out. Apparently I hit it a little too hard last night and my brain is now punishing me.

 

 

Message 6028 of 9,162
Moderator

Re: Garden Club Meeting - March 2014

Hi Gardeners,

 

I totally forgot about a balance I had left on VS. It's a whopping $23, but the statement just closed.  Ooops.  I'll just pay it off and SD the card.  No luck on CLI with VS yet.  Oh well, at least Merrick will have a zero balance, since that statement also just closed.  I'm aiming for good UTIL (all CCs below 10% total, each EE below 10%, and half of the CCs at zero), since I'll be going for my AMEX 61 day CLI on May 6th.  My QS also closed around 17% UTIL (I didn't account correctly for the AF...darn!), so I'll also have to fix that for next month. 

 

Hoping everyone's having a good gardening day!



Start: 619 (TU08, 9/2013) | Current: 802 (TU08, 3/13/18)
AMEX BCE $34000 | Discover IT $27000 | cashRewards VS $25000 | Sam's Club MC $25000 | Marvel MC $25000 | Macy's AMEX $25000 Store $25000 | Care Credit MC $20000 | BofA BBR #1 $19000 | BoA BBR #2 $18800 | Cap 1 QS WMC $17250 | JCP $15000 | CashForward WMC $14000 | Barclay Rewards WMC $14000 | Citi DC $12600 | Cash+ VS $12000 | Freedom VS $12000 | Disney VS $11500 | Cash 365 AMEX $11000 | WCU Visa $10000 | Uber VS $9000 | Blispay $7500 | Amazon VS $7300 | Target MC $5000 | Sony Card $4250 | ~~Gardening Since 4/1/18
Message 6029 of 9,162
Senior Contributor

Re: Garden Club Meeting - March 2014 ( 1800 Citi Aadvantage cc bill Please help ! )


azguy13 wrote:

Hey folks. Just checking in for the day. I will be popping in and out. Apparently I hit it a little too hard last night and my brain is now punishing me.

 

 


Sup A to da Z!  Don't worry buddy I've got this garden under control!  Take some meds and rest up, see you tonight

JPM Ritz Carlton $8k I UMP Club $8k I CSP $8k | Chase Hyatt $5k I AMEX Green NPSL I AMEX Delta $2k I Citi AA $2k | C1 QS $4.5k
BOA UNC-CH Alumni $6k I Hawaiian WEMC $3k I Arrival $6.5k I IT $1.5k | Merrill+ $2k | Lowes $12k | Apple $2k | +23more
Scores: EQ:671 (FICO 11) EX:686 (FICO N/C) TU:686 (FICO N/C) *8-5-14*
Overall UTIL: 14% *Gardening Since: 1/20/16*
------------------------------------------------------------
Need to stay out of trouble.... Go Heels!!! ... GC Watchlist ( #1 since 12-12-13)
Message 6030 of 9,162