@thelethargicage wrote:This forum is obsessed with CSP!
*shrug* it's one of the better cards available when it comes to building one's goal set. It's on my list even and I don't care at all how pretty a card is or that it's made of metal.
Out of all the cards on the market, speaking as a member, I'd rather members focus on good cards rather than lackluster ones. Something will eventually supplant it, but it, and the Freedom, and Amex, and a couple other sacred cows on the forum are heavily discussed as most credit cards, and most lenders, are throughly average. Neither Chase nor the Sapphire Preferred card fall into that category, and as such it merits more discussion compared to the call it other 98% of credit cards.
@creditwatcher2012 wrote:I disagree to an extent, because the cash advance was only becasue I wanted the CSP and wanted to pay it off, the 0% balance transfer from NFCU ended so this was my best approach in my honest opinion, I can have this paid off soon, I just check my CS is a 686 TR MY FICO, I want to be clear that the cash advance was not becasue "I cant afford to pay my CC bill" it was a quick pay off!
Just say no to cash advances.
Every bank views cash advances supiciously. Every. Single. One. It is not a sign of stability, and it should be used as a last resort.
In addition to that, shuffling debt around from one card to another is not a sign of stability either, banks want to see progress over time paying down debt, as a general rule, and seeking more credit with a maxxed out credit line with the exception of applying for a balance transfer card, isn't going to much favor from underwriting. Might have been approved for a Slate, but not for the CSP as described by others in my opinion.
Not to pile on but did you ever correct the employment status -self employed on NFCU?
