TONY_VAZ,
If you have a small fortune...as you say...in liquid savings, JUST PAY DOWN YOUR DARN CARDS! Sheesh. 
You have 4750 in CC limits and claim to be at about 40% usage. About $1900 in balances, right? I fail to see how keeping a year's salary's worth of money stuck in a money market is so important that you can't part with a mere fraction of it to pay off CC balances....which cost a lot more in interest than whatever your earning in the money market. Knock your cards down to zero and take a few months putting the money you would have sent for CC payments back into your money market. PATIENCE.
Besides, you haven't really explained why your score is around 670. What other factors are involved? Do you have collections or liens? If you do, you could give your score a real boost by making pay-for-deletion arrangements.
Start (Sept 2011): low-mid 600s. NOW: TU FICO: 801, EQ FICO 808, EX FICO 798 (PSECU). Goal: Achieved! Now Maintain!
TONY_VAZ;
I have to say I agree with all the responses in a sense.
If you have a years salary set aside, and your current cards aren't carrying at 0% you'd be best to pay them off (under 3k shouldn't be a problem and your score would go up, in reality it's transferring the debt from those cards to paying yourself back, which is easier).
Like others mentioned, we have no idea of your entire credit history or issues (hardly anyone puts all that info when asking a question so that's not a criticism).
Asking Cap 1 for a CLI would most likely add to your INQ's for nothing (most of us would advise against it). You might get an AMEX ZYNC at this point but if not, you've added at least 1 more INQ, again, possibly with nothing to show for it.
When you tell AMEX what you have in savings, it gives them the opportunity to see if you were being honest if and when they do an FR (you're putting a fact down "on paper" and it can be called into question later with any lender if they like, it allows them to take that information into account when deciding on approving you and for what).
"A small fortune" is relative, to some people that's $1000, to others it's a million. A years pay when talking AMEX is usually well over the average, so that somewhat suggests to us you're talking over the 30k mark.
If you're going into business or a business venture, the main thing when it comes to money is allocation and getting it to work for you and help attain a goal. You mentioned the goal of raising your scores in order to better position yourself for other goals, the answers were mostly focused on that goal. As was this one of mine.
Hope we helped somewhat 
@Anonymous wrote:
I cant use the cash, Im buying a small business in the next couple of months and need the cash. When I first got credit 10 years ago, the first thing I did was screw it completely... I had one CC and one jewelery loan in collection for years. The 2 vehicles I bought from the dealer went on 30, 60.and up to 90.days late, several.times. In 2009, I called all my collectors and arranged for payments, I had about 3 or 4 bills taken care of that way, some I didnt pay the full amount, they took a smaller amount.. I realize now I wasnt very effective, as the history is still.in my credit. Perhaps I should take a look at my report later today and expose that here so people can help me better?
That info helps, if you post more remember not to include any identifying information.
I hope you're really sure and knowledgeable about the business you're getting into, any business can be very overwhelming when you're in charge and not just working there (even if you're the only person working in it, often, that's even harder). If you've turned the mistakes of the past that you mentioned into learning experiences it will help a lot. Knowing about "being a business" first hand always makes me worry for people that are going to get into their own. This is kind of my "please go in well informed about it" disclaimer about going into business for oneself (it often takes over a persons life more so than any full time job, or 2, could ever do). Again, not a criticism, just a statement.
Both credit and business take a lot of patients really, as well as planning. I'm very glad you're looking for information, a lot of people don't.
I will just say your not that bad at calculating small.fortunes 
going back to my ctedit. I have one car loan mentioned above dating from 2004 that was paid but shows late payments and is.still on my report. and there.is other similar stuff there but again, I have to pull my report to be.exact.
going back to my ctedit. I have one car loan mentioned above dating from 2004 that was paid but shows late payments and is.still on my report. and there.is other similar stuff there but again, I have to pull my report to be.exact.
@Anonymous wrote:
I will just say your not that bad at calculating small.fortunes
If im not mistaken, most lates drop off in 7 years. So you should pull your reports to be more accurate. Other collections take up to 10 years.
@Anonymous wrote:
I will just say your not that bad at calculating small.fortunes
Thank you
I grew up in a small business family, surrounded by 3 at birth and involved\exposed to it all around age 8 (little jobs etc, seeing what business is about from very early) and into adulthood to today so I have a bit of insight LOL At least I'm told I have decent insight and am a bit savvy lol.
I really hope you're able to get the business and make it work out well (if it's the right move for you etc, just another disclaimer lol).
As far as your credit goes, you have some work there too. Involving research (laws, statutes, good will letters, all that etc, most of which you can find here or least where to find more info). That old auto loan might consider removing the lates if you've paid it satisfactorily for example (that is very much a long shot however, just a thought). Time will really be your best friend when it comes to your score improving, sometimes things can't be rushed, only helped along a bit.
@RyVision wrote:
@Anonymous wrote:
I cant use the cash, Im buying a small business in the next couple of months and need the cash. When I first got credit 10 years ago, the first thing I did was screw it completely... I had one CC and one jewelery loan in collection for years. The 2 vehicles I bought from the dealer went on 30, 60.and up to 90.days late, several.times. In 2009, I called all my collectors and arranged for payments, I had about 3 or 4 bills taken care of that way, some I didnt pay the full amount, they took a smaller amount.. I realize now I wasnt very effective, as the history is still.in my credit. Perhaps I should take a look at my report later today and expose that here so people can help me better?
That info helps, if you post more remember not to include any identifying information.
I hope you're really sure and knowledgeable about the business you're getting into, any business can be very overwhelming when you're in charge and not just working there (even if you're the only person working in it, often, that's even harder). If you've turned the mistakes of the past that you mentioned into learning experiences it will help a lot. Knowing about "being a business" first hand always makes me worry for people that are going to get into their own. This is kind of my "please go in well informed about it" disclaimer about going into business for oneself (it often takes over a persons life more so than any full time job, or 2, could ever do). Again, not a criticism, just a statement.
Both credit and business take a lot of patients really, as well as planning. I'm very glad you're looking for information, a lot of people don't.
I will be fine, i will be doing what I do now, just not for someone else, thanks
@aamex wrote:
@Anonymous wrote:
I will just say your not that bad at calculating small.fortunesIf im not mistaken, most lates drop off in 7 years. So you should pull your reports to be more accurate. Other collections take up to 10 years.
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Yo are right, the other car loan isn't on my report anymore, just this one.