I am in the catch-22 where my score is low because of utilization (90+%), but the fastest way to improve it - obtaining additional credit - is not available to me because of my poor (low to mid 600s) score. Yes, I am actively working on paying down my debt as well, but it will be easier to pay down if I can get better rates. And if I can take out a HELOC before my house literally falls apart, that would be good I managed to obtain a second credit card with a large limit. I made only one charge (gas) and after receiving the bill I paid in full. My intention was not to use this card, but simply have it for improving utilization. This new card should have dropped my utilization to around 60% , and I am guessing improve my score to the high 600s, but unfortunately on the reports in PG I see my balance - $23 - and a limit of N/A I have considered doing a balance transfer to the new card, but I feel strongly that I don't want to start down that path of using it or I will end up increasing my debt. A phone call to First USA was unproductive, so I have sent a planetfeedback letter. Is this just a quirk of a recent card, or does First USA do this across the board?
I think it's just a quirk, or maybe because it's a new card. Both of my FirstUSA cards report the correct limit.
