Need advice from FICO gurus...

[Anonymous]

Slow down sleigh and let your new cards age a little bit.  I want so many cards I can't see straight.  but I know with all the new cards (4) I've opened in the past 4 mos, its time to lis low for a while.

[Anonymous]

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SpecFile wrote:

A good gas card hmmm!!!  If you have BP gas stations near you I would say the Chase BP Rewards card.  I have heard that Shell is nice to.  Good luck Sleigh!

Message Edited by SpecFile on 09-02-2007 09:23 AM

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Don't have BP near me. Do you know what CB Shell pulls from and what score is needed. Also are they BK friendly? (almost 9 years old)

[Anonymous]

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Brammy wrote:

Slow down sleigh and let your new cards age a little bit.  I want so many cards I can't see straight.  but I know with all the new cards (4) I've opened in the past 4 mos, its time to lis low for a while.

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I am gripping my desk so hard that my knuckles are turning white. But I am trying to hang on and not push any keys. LOL

[Anonymous]

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sleigh17 wrote:

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Brammy wrote:

Slow down sleigh and let your new cards age a little bit.  I want so many cards I can't see straight.  but I know with all the new cards (4) I've opened in the past 4 mos, its time to lis low for a while.

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I am gripping my desk so hard that my knuckles are turning white. But I am trying to hang on and not push any keys. LOL

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OK sleigh... move away from the keyboard!!  Its official, like so many of us here, you are a card-a-holic.

Message Edited by Brammy on 09-02-2007 11:41 AM

[SpecFile]

Maybe we can open a new Rehab center so Sleigh can get the help he needs!

It would be called "The Sleigh Center"  or "The Sleigh Memorial Plastic Junkie Center"

Alright, I'm a dork and will stop typing now! 

[Anonymous]

maybe start our own bank and have a two for one card trade in. give us two and we give you one w/75% of the cl the other two had combined.

[phumanr]

Sam,

What was the impact of your score of closing down the 3 bad cards? I have used First Premier, Orchard, Credit One, and Tribute Card to rebuild my credit which allowed me to get 2 new cards at reasonable limits. I hate to "shut down" a part of my history and effect my scores...because I want to get rid of the first 4 cards now.

Phumanr

[Anonymous]

I'd like to be admitted to the Sleigh Center as well.  Does it take credit cards???

Jennifer Z

[Anonymous]

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phumanr wrote:

Sam,

What was the impact of your score of closing down the 3 bad cards? I have used First Premier, Orchard, Credit One, and Tribute Card to rebuild my credit which allowed me to get 2 new cards at reasonable limits. I hate to "shut down" a part of my history and effect my scores...because I want to get rid of the first 4 cards now.

Phumanr

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Phumanr

Just an FYI closing cards will not hurt your FICO unless it causes your utilization to rise into another category from say 1-9% utilization to 30%.  That effect will quickly be reversed on paydown or CLIs.  It looks like the new cards have a much higher limit so that shouldn't be an issue.  The combination of the new cards and inquiries may negatively impact the score in the short term

[Anonymous]

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jenna4now2 wrote:

I'd like to be admitted to the Sleigh Center as well.  Does it take credit cards???

Jennifer Z

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Hey Jenn, maybe we can be roomies.  I get the top bunk