With your.scores, generally it is in your hands. It will be more of a matter of what cards you want. I'd also say for your scores you should have higher limits, based on the average limits you see reported from others on here with those scores. Unless you have low income?
I'm not sure you want to.close any cards unless you are sure it won't really hurt your utilization or scores. From the list you have, you might want to look into some more prime cards that you can do more with.
But remember, you are already well positioned, so don't do anything you aren't sure you can handle.
I'm not sure you want to.close any cards unless you are sure it won't really hurt your utilization or scores. From the list you have, you might want to look into some more prime cards that you can do more with.
But remember, you are already well positioned, so don't do anything you aren't sure you can handle.
@john1701d wrote:First, thanks so much for this board. I rarely post, but have read it religiously for years.
I'm at the point where my credit is actually good and want advice what I should close, if any and also what cards I should be applying for if any.
My scores:
Exp 817
Trans 803
Equi 762
My cards & limits
Cap 1 Plat. 2k
Cap 1 Qkslvr 4.75k
Cap 1 Journey 5k
Merrick Bank 2.5k
Discover it 6.5k
Walmart store 3k
Fingerhut 1.5k
Express store 1.2k
I have a vehicle loan with my cu with an 8k balance. My total cc utilization is at 7%.
I want to get higher limits, lower apr, and just in general make sure I'm doing what's right to grow with an eye on a home in a few years.
Thanks for any advice!!!
It's simple:
1. Combine the Journey and Platinum, and then combine that new card into the QS. This will give you almost $12,000 on one card.
2. Get rid of Fingerhut and Merrick. Seriously.
3. Now decide which rewards you want, and that will determine which prime cards to apply for. 