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I'M ADDICTED!!!

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Anonymous
Not applicable

I'M ADDICTED!!!

20 cards now.  Just 5 opened in the past week...

 

I can't stop. OMG.  HELP!!

 

I make less than the avaialbe credit I have.  Is that a problem??

Message 1 of 13
12 REPLIES 12
GlocksAndCredit
Regular Contributor

Re: I'M ADDICTED!!!

Don't worry - we're all addicted. I try to not look at the "Credit App Approval" thread that thing can get you in some serious trouble. 

 

Looking at this one is bad enough. 

 

Credit is addicting and fun if managed correctly. Now get back in the garden for 2 seconds! Congrats on all of your success. 

CSP $9500, CapitalOne VentureOne Sig Visa $8000 Chase Freedom Sig Visa $5000, Citi ThankYou Preferred Sig Visa $5000, Amazon Store Card $5000, Discover IT $4800, CapitalOne Quick Silver MasterCard $4000, Fidelity AMEX $4000, Sallie Mae Mastercard $3300, Hilton Honors Sig Visa $3300, Citi Double Cash $2700, SunTrust Cash Rewards $2500, Citi Simplicity Visa $2300, AMEX BCE $2000, AMEX Everyday $2000, AMEX Delta SkyMiles $2000, Amazon Reward Visa $1800, BP VIsa $1800, Barclays Apple Visa $1700, Suncoast FCU $1000, Target REDCard $900

Current Scores: EQ 727 (Fico), EX 735 (Fico) **In the Garden unti....forever.
Message 2 of 13
j_casteel
Valued Contributor

Re: I'M ADDICTED!!!

Only becomes a problem if you're not being responsible
Learning from my past and rebuilding..

BK discharged 1/10/17
scores: EQ 659 | TU 630 | EX 659

QS 3.8K | WF 500 | Cabela's 3k | ACU 500 |

Message 3 of 13
Anonymous
Not applicable

Re: I'M ADDICTED!!!

Collins, LOL...thanks for making me feel better. Smiley Happy Credit is totally fun and it's like so exciting that somebody trusts you with all that money. 

Message 4 of 13
noobody
Established Contributor

Re: I'M ADDICTED!!!

how did u get a 1K CSP?

EX819 1HP|TU797 1HP| EQ(Fico8 BankCard)841
Message 5 of 13
Anonymous
Not applicable

Re: I'M ADDICTED!!!

nobody, initially it was a 10K line but I switched over all my credit to the slate practicially for the purpose of carrying a super large balance w/ no interest. 

Message 6 of 13
lg8302ch
Senior Contributor

Re: I'M ADDICTED!!!


@Anonymous wrote:

nobody, initially it was a 10K line but I switched over all my credit to the slate practicially for the purpose of carrying a super large balance w/ no interest. 


....that would concern me more than the app addiction ..lol

Message 7 of 13
DawgZ
Contributor

Re: I'M ADDICTED!!!

What is your utilization on the $125,100 worth of credit lines?

 

 



My Wallet - Cap1 Visa Signature $13k, Chase Saphire Prefered $13.5k, Well's Fargo Rewards $10k, Cap1 Quicksilver MC $6.5k, Cap1 Quicksilver V $4k, Chase Freedom $9k, Discover IT $7.5k, Amex BCE $34k, Amazon/Chase $2.5k,PenFed V $10.5k, Amex Green

EQ 810(Fico), EX 806 (Fico), TU 815 (Fico)

Message 8 of 13
TatorTodd
Regular Contributor

Re: I'M ADDICTED!!!

seems a bit over doing it. I remember your past post when you hit 100k, and joking about buying a mercedes. 

 

Do you also like to gamble? It seems like you get the same high of getting approved credit, as a possible score at the blackjack table.  Credit is not a game, and shouldnt be used as an adrenaline rush. it will burn you, if you treat it that way.

 

At some point, this will catch up to you, you have a bunch of cards, with (somewhat) low limits....instead of a few cards, with high limits.  This isnt a stock market flip and burn, invest in the ones that will last long and give you a good return.... 

 

All those new open accounts are not going to look good with your other current accounts, i wouldnt be suprised if some contact you about either lowering their limit, or closing your account.

 

 

 

I know this forum is supposed to be all about support and "kumbaya" but when I read your posts and responses, i just see red flags.

NCFU Flagship(80k) DC Elite (40k) Cash Sapphire Preferred(38k) DC Premier (30k) NFCU CashRewards (25k) USAA Amex (22k) USAA MasterCard (16k) Barclay Arrival+ Elite (15k) Nordstrom (15k) BofA Rewards (12.5k) 4 Amices (50k)

As of 10/13/14
Experian: 787 - EquiFax: 798 - TU: 789
Message 9 of 13
MT936
Established Contributor

Re: I'M ADDICTED!!!

as long as you use them responsibly it won't do any harm

Amex Blue Cash Everyday: $25,000 | Navy FCU Cash Rewards: $25,000 | Discover It: $20,500
Chase Freedom: $12,500 | Citi Double Cash: $10,000 | Bank of America Cash Rewards: $8,000

Message 10 of 13
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