Just make the purchase. If you have the money to pay it off, using your entire credit line is fine as as soon as it post o your statement posts, making a payment will make the high % usage mute. No use in trying to over complicate it, use your limit, even if you dont pay it off in one shot. Im like you ill never see any increase with WF due to income but thats ok, thats why we get other credit cards
@AverageJoesCredit wrote:
Just make the purchase. If you have the money to pay it off, using your entire credit line is fine as as soon as it post o your statement posts, making a payment will make the high % usage mute. No use in trying to over complicate it, use your limit, even if you dont pay it off in one shot. Im like you ill never see any increase with WF due to income but thats ok, thats why we get other credit cards
The problem isn't usage I could care little about the effects of that and FICO score since i'm not seeking new credit. The problem is that it's charged once it ships and that may take 1 - 3 weeks. Nearly 70% of my credit is tied up until I can actually pay it. With daily life stuff this presents a bit of a pickle when bills are due that are on autopay. Might just have to wait till these are posted and then paid.
I guess it's good to be on this side vs high limits with balances but not enough income to pay them down fully.
Want to try and attempt for a modist extremely CLI possibly. Would it look strange to only ask for like a $300-$500 credit limit increase to try and increase chances of approval? I wish they just give me a auto CLI already and been trying to hold off as long as possible until this happens.
What if you put it on the card, and watch the CL to make sure you have that $1k slot still open, and then pay the card down multiple times to keep the available limit where you will need it when the mattress charge finally hits. Not ideal but it's a solution
@Anonymous wrote:
The problem isn't usage I could care little about the effects of that and FICO score since i'm not seeking new credit. The problem is that it's charged once it ships and that may take 1 - 3 weeks. Nearly 70% of my credit is tied up until I can actually pay it. With daily life stuff this presents a bit of a pickle when bills are due that are on autopay. Might just have to wait till these are posted and then paid.
If you're concerned that other charges are going to pile up while you're waiting for the charge to post, can you move your autopay items to your debit card or through bank EFT?
Instead of allowing this large purchase to make you jump through hoops, maybe just pay it in cash. I realize you want the additional protections, etc, but you might even be able to negotiate a better price by paying cash and avoid the anxiety of trying to make this fit into your credit situation.
