I think I'm doing something wrong

Don't apply for ANYTHING till you have the KEYS in your hand!!!

Try writing or calling the credit card companies you now have and ask about a credit line increase (WITH-OUT A CREDIT REPORT) say something like INQUIRES ARE F.I.C.O. KILLERS!!!

"I have a good payment history, and I would like you to increase the credit line based only on that".

A LOT OF COMPANIES ARE DOING AR'S EVERY MONTH (SOME MORE OFTEN)!!!
MY CREDIT REPORT HAS 3/4 OF A PAGE OF JUST AR'S...

 

Try calling and ask for a NAME and ADDRESS who to write to...IF YOUR REALLY LUCKY, they may "PUT YOU THROUGH" on the phone to the "OFFICE OF THE PRESIDENT"...

GOOD LUCK.

 

When you call or write them about it, find out if they will pull your credit report. Most places will give you a hard inquiry just for requsting a higher limit. Ask them quickly, because they will do it without informing you.

 

I was in your shoes just a month ago. I had a lot of credit but at outragoues high apr's.Way higher than yours ( 24+apr) Everything changed when citibank gave me a aadvantage card with a huge limit.

I think there is a barrier that you have to pass, just keep making your payments on time.. And try writing a letter to your creditors via planet feedback, they have been very helpfull.


btw try applying for a citi card after your house closes. ( just a suggestion )

 

Re: I think I'm doing something wro

Amex MCS (Retention) can and will product transfer you to the Blue 10.99%. But don't even try it, if you get discouraged after the first "no" you get. Without persistence, you'd only be wasting your time.

Here's the direct number for Amex MCS: (877) 286-5891. You wouldn't believe the difference 1-2 phone calls can make.


Saar

 

Re: I think I'm doing something wro

Dani, as for your current cards:

You may want to consider closing your retail tradelines that are not "dept store" cards. Only the latter type contributes to a credit mix. Non-dept store retail cards only hurt your credit. They may add up, creating an excessive number of open tradelines, and they also lower your average "credit line" figure. That figure is used by many CCC's to help determine what your initial credit line would be, once you apply w/ them.


Saar

 

Re: I think I'm doing something wro

Dani,

I wouldn't say that you're doing anything wrong. Getting 12.9% from Amex is just fine, especially if they give you line increases.

You do have a different set of creditors than some of these other people with really low rates have. In addition, successful negotiations for lower APR's on retail cards are rare at best.