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Hi everyone.
I recently went on a "small" app spree, and I think I definitely overdid it.
In a span of 1-2 weeks, I ended up opening 8 new accounts.
The reason why I opened them is to let my cards age, and therefore, let my credit score grow.
Any opinions?
It looks well rounded from the looks of your images. Just use them and PIF each month for 6 months and then hit them for CLI's.
@austinguy907 wrote:It looks well rounded from the looks of your images. Just use them and PIF each month for 6 months and then hit them for CLI's.
+1
You got some nice cards, so I would consider your 2 week spree successful. You'll want to garden now so you don't go too far and start getting denials. Just garden and let them grow, and they will! Once your CLIs on these grow, you'll start getting approved for higher limits.
I like the way you put that.
@Anonymous wrote:
The "hard" part now is to RETIRE your app finger 😀
You'll have to fight the URGE to app for more and more and more...And just work on AGING what you have
SP CLIs are OK but otherwise force yourself NOT to app for anything until AT LEAST 2018
And even then 'what' NEW additional unsecured revolving accounts would be really NEEDED...With the vendors you have in your bag to grow right now.
*Granted car loans are fair game but more CC apps with as many accounts as you have now?
The good news is you are DONE,
The challenge is will you QUIT, while you're ahead😉
@Anonymous wrote:
The "hard" part now is to RETIRE your app finger 😀
You'll have to fight the URGE to app for more and more and more...And just work on AGING what you have
SP CLIs are OK but otherwise force yourself NOT to app for anything until AT LEAST 2018
And even then 'what' NEW additional unsecured revolving accounts would be really NEEDED...With the vendors you have in your bag to grow right now.
*Granted car loans are fair game but more CC apps with as many accounts as you have now?
The good news is you are DONE,
The challenge is will you QUIT, while you're ahead😉
Well said!