Opened a new account last week and applied for credit card. They pulled TU 576, which is up from 540 about 6 months ago. She said with that score they could allow 2500 in unsecured line of credit, HOWEVER I currently have 68k according to credit report, think it's more in the 50k range but either way until I pay the debt to below 10% it will count against me. She said the rule of only 2500 would go away if I was not utilizing any of my current lines.
So in the end I took a 500 secured card so I can prove to her debt and all I'm a good paying customer!
sorry I made that confusing, she said based on my low credit score, I would only be allowed a TOTAL of 2500 worth of unsecured IF I had NO OTHER LINES. BUT as it stands I have over 60k in lines according to them and credit report. so until I pay off all the balances to below 9% and my score is higher, the only option was secured.