With the addt 10K from the recent Amex bt offer (see previous post) I'm pretty close to having 80K on 8 credit cards (or is it 9? whatever) With scores in the low 700s at the moment (but who knows - that can change in a flash - RNG) I found myself - yesterday evening - ITCHING - yes ITCHING I tell you - to apply for sumthin - whatever - just for the THRILL - yes - kind people - the THRILL of just maybe seeing an ever so validating "Congratulations! you've been approved blablabla..." However - praise the Lord - i've remained strong and have resisted - with great difficulty I may add - the blasted TEMPTATION which rocks my soul every time i read a post like: "so&so Bank gave me a 15K rewards Visa card with 50 thousand free miles and a free camera with 0% intro til 2004!!!" My quivering hand clicks on so&so Bank's web site and I reach for the "apply" button - but thankfully my other hand slaps me silly - and a little voice in me head says "No Mark LA - you do not have to have as much credit as Wolverine - bigger is not always better - no matter what your last lover told you!" This application addiction is tougher to overcome than my crack/smack days (just joking - just say no etc) BUT I SHALL OVERCOME! YES! (thank you for being there, sniffle) Mark LA
I feel your pain. I actually filled out a whole on line application yesterday, before I came to my senses. Oh the horror... I'm actually over 750 right now on Equifax, and just dying to take that out for a test drive. I already have 200k in credit that I don't need. Why am I still looking for more offers????
Lol, well I must admit I have no idea what it feels like to be a member of the 700 club...I just wanted to say I found your post hilarious!
Wolv - It's kind of like a question Carrie from "Sex and the City" would type on her screen "When is enough - enough?" and i'm afriad the answer is - it's never enough! ARGHHHHHHHHHHHHHHHH!
lol great post Mark. Credit is an addiction, that's for sure. When I'm in the 700 club, I'm sure it will get worse.
Mark - you're a beter man than I. I to know the pain. A few days ago I had an MBNA app filled out on-line and my pointer was hoovering over the "submit" button. Ah, but I resisted. I just wanted to know ... But - Tuesday I broke down. Applied for Discover on-line. No instant approval, darn. They did pull Experian which is my highest score. I'm not sure if this an approval or not and don't want to call. I'd much rather see the "congratulations, you're approved" on-line.
Because you could be the first creditnetter with 1 million in cards!! There has to be some reward for that! How long did it take you to achieve 200k in credit cards?
Good to know I'm not alone. I'm ready to admit that I have a problem. I can't stop applying. I still haven't been approved instantly.. It's so easy to apply when I know that Equifax inquiries will just fall off, and on top of that I may rid myself of Experian inquiries soon (thanks Doc!). I am also having some luck with TU inquiries too - they send me letters saying they won't delete them, but they seem to do it anyway. I've had 8 or 9 disappear in the last couple of months long before their time. I need to scrounge up the willpower to tell myself no. I don't really need more credit. I've got about $20k in limits right now and don't see myself using more than $2k of that in the future.. but I still can't stop! Maybe I need to seek professional help
Ladies and Gents, you can only imagine the fun a lady can have in a mall with a credit card! The only thing I can say is I feel lucky. When I was 20 I had all kinds of credit cards and good credit, all it took was loosing a job and I lost everything. Instead of filing BK I just laid low until I was 30. I learned to pay for everything in cash and did without a lot of things. My 20's were very poor. On my 30th birthday I had moved cross country and purchased a sports car on a hefty 26% in interest. I did not know what I know about the credit laws, but still to this day I am repairing my credit. Since I have had the opportunity to get another credit card and yet another new car, I have made a pact with myself to NEVER be late on my accounts and if I can't afford it than not to purchase it. All I can say is no judgement passed, who am I to say. However, I have learned my lesson and know that it is a privilege to have credit and personally feel that if I don't have it in the bank then I don't need to be spending it. I have capped my cc at a total of $3000 limit and feel that unless my emergencies get bigger there isn't a need for my limit to get bigger. I make a decent living around 90K and I itch now for as much money in retirement as I can get! For me it is all just baby steps. Good luck!
Mark, I know what you're going through! When my last negative (ch13) fell off causing my average score to skyrocket to almost 800, I went on a credit shopping spree. I opened 4 accounts in the span of 1 month! I learned my lesson though, it cost my scores an average of 60 points when all those accounts and inquiries began reporting. NO MORE credit till next year!! (yeah right!) EX 750 EQ 730 TU 745
