I HAVE RE-ESTABLISHED CREDIT THIS YEAR. THESE ARE THE CARDS I HAVE. I WANT TO KNOW WHICH ONES SHOULD I CLOSE AND WHEN? SOME ARE FAIRLY NEW SO IAM THINKING THE YEAR MARK WILL BE BEST. BUT HERE THEY ARE. PROVIDIAN 1/00 500 CAP 1 3/00 200 1ST NATIONAL OF BROOKINGS 6/00 375 1ST PREMIER VISA AND MASTERCARD 7/00 250/250 CHEVRON 7/00 200 CAP 1 10/00 200 ARIA 11/00 1000 PROVIDIAN MASTERCARD 11/00 1000 I KNOW 1ST PREMIER IS GOING BUT WHAT DO YOU THINK OF 1ST NATIONAL BANK OF BROOKINGS, DO THEY GIVE GOOD INCREASES? LET ME KNOW YOUR OPINIONS. THANKS
RE: TOO MANY CARDS..WHICH ONES Dump any cards that carry monthly fees. those suck. Then get rid of the other ones once the renewal yearly membership comes up, a free ride on good credit, is always worth brownie points. You may want to try getting a citibank AAdvantage, if you got all of those unsecured. They give good credit lines, and no BS.
RE: TOO MANY CARDS..WHICH ONES I can't believe you had the Providian card every since January and you never got an increase.
RE: TOO MANY CARDS..WHICH ONES ME NEITHER, I THINK MY BALANCE IS TOO HIGH, BUT AFTER CHRISTMAS I'M PAYING IT OFF. THEN MY INCREASE WILL COME BECAUSE I HAVE PAID EARLY AND MORE THAN MIN BALANCE.
RE: TOO MANY CARDS..WHICH ONES Any card beyond the first two on your list diminishes your score. You have way to many revolving accounts, and way too many of them were opened recently. They were obviously preceded by at least a dozen inquiries. Those are 3 score-killing factors, each signaling potential creditors that you're a huge credit risk. Sure, closing the other 7 accounts would increase your debt-to-credit ratio, but Providian's rapid and generous increases will compensate for that. You could also try to combine the two Providians and the two Capital Ones. Also, if your accounts are in good standing, call Providian and Capital One, ask to speak with Retention, and insist on a credit increase right now for the oldest cards they gave you. You should get it. Saar
RE: TOO MANY CARDS..WHICH ONES I personally do not accept any cards under $5,000! But in your case I would dump all under $1,000 if they won't jack up the credit line to $1,000 minimum!!!
RE: TOO MANY CARDS..WHICH ONES I would keep your oldest tradeline meaning Providian with 500. I would definetly unload 1st National and First Premiers, I don't think I'd keep Chev or cap 1's. Mom
RE: TOO MANY CARDS..WHICH ONES That is very hard to believe you got no increases. Are you making sure your payments were ontime? Did you ever call and ask for an increase? roni.
