@Anonymous wrote:
@omfgpart2 wrote:
@Anonymous wrote:
@omfgpart2 wrote:
@Anonymous wrote:For someone with those tax liens, you have good approvals. The most important thing is you are moving forward. These things happen and there is nothing to be ashamed about. With the new accounts and decrease in AAoA, your scores will be affected hence, where they are now.
Here is the plan... Don't apply for any new cards soon. Based on the initial post, it looks like your needs will be better served with travel cards. But those can wait... Instead, find time and read the re-building sub-section here. It has a wealth of knowledge.
With time, you should be able to get your credit to where you really want it to be. Hang in there and good job in seeking assistance
...
re the liens, yeah some of this is a gift - I think keeping a lease in play and old stuff kept my scores up somewhat. If you feel this post should go in the re-building area please move it. with respect to the chase card, or adjusting my rotation is it pointless - should I just use the cards and lets the chips fall as they may? My current plan was to put 1K on the FU and primarly use the PRG. Again, my goal for that card is a higher CL. again if I am overthinking this I apologize, I just want to maximize my efforts given the contraints of my situation. many thanks sir, be well...
Chase likes to see heavy usage. Roughly how much do you spend on your credit cards a month? Adjusting rotation for Chase will work. Chase relies heavily on their internal scores. So use the card heavily and keep paying it off.
By doing so, you will be getting CLIs [although they can be stingy with it] but it happens and I can attest to it.. If after six month you don't see them giving a CLI, you can request an increase to a specific amount but that will result in a hardpull to honor the request.
There we are the meat of it! I will spare you the details but I can put client expenses through my cards and get reimbursed if it will help my cause. I have not done this thus far. They don’t care so it’s an option. The amount I put through my card, now cards can really vary. You tell me how much to run against what card and I will make that happen. Tell me how much to put on chase and what to do with the other cards and it will be done. Thank you very much for your time, I very much appreciate it.
Ok... Just run as much as you can through it and pay it down before statement cuts so that it is not looking like you are maxing out the card. So if you can run $4,000 a month on a $6,000 limit, you will be fine and should be able to get a CLI.
If you like Chase, another thing that can help you alot also is if you have a banking relationship with them. If you have a Chase bank close to you, I suggest you do some research and see if you can do some banking with them. Once you have that established, you banker can also help you tremedously when it comes credit products.
Chase can be very good if you just abide by their rules. Personally in ranking for me when it comes to banking and CC, Chase is #1 for me because when I was starting out they took me in [one particular banker made time every time to explain and address my needs. I'd need a small favor and they'd honor it] and have been phenomenal to me since.
So treat the card well and you will be very happy.
4K is not a problem, thank you. Great idea with getting a relationship going with chase – in better times I had a loan for over 1.5 mi with them. Ah those were the days, live and learn. The only ways to learn are via pain and money it seems. Enjoy what remains of the weekend and again my sincere thanks
