@tricklemoo wrote:Hi, I could use some help,
I've been planning for a long time that after all my new accounts from a spree the first week of January 2023 turned 6 months old, I was going to apply in July 2023 for CLI for all of them that did softpulls, in hopes of padding out my utlization as much as possible and thus raising my score/being more appealing to lenders ahead of applying for a large personal loan in August 2023. I made some larger payments to get some of my balances under the next util thresholds, in order for one last push to raise my score as much as possible/best my chances for getting good CLIs. The payments have all been updated on my various credit monitoring, so the current reports for all three bureaus that I see are correct/updated (Experian FICO 8 is 720). However, how can I be sure that when I go to apply for each CLI, they won't use a previous automated/old softpull rather than pull today's data?
While I'm here, can someone confirm that Capital One, Amex, NavyFed, Bread Amex, Citi and Discover are all softpulls (and that Penfed is a hardpull)? Thank you!
The above is correct on CLI's. Cap1 uses old data. The rest newer data. Just keep paying down your debt. Its not advisable to get credit to pay credit. Where are you sitting now on your util %'s? If you keep paying until 08/23 what will you util be then for this loan. Better to have 1 loan for what you need it for. No need to have a consolodation loan to go with it.
