in 2 days my Equifax went 662 to 647. Only thing that changed was an auto loan showed as paid off. (sold our 3rd car to pay more on CC's) Score is down for % of credit used. TU680 Exp669 Any cards do an instant approval on above #'s. Looks like more open cl would improve scores. Thoughts, suggestions? #1 is pay CC's down, any else?
With a higher credit card debt ratio its hard to get a prime card (my experience). I had a 672 EQ and I was denieed for a $118 paid collection from 1996 and a 42% debt ratio on credit cards. AMEX stated the like to see 40% and below. Everyone and their brother has gotten a AMEX Delta card with a 650 score. MBNA also stated they would not issue a card to anyone who had over 40% of their limit used on their credit cards. This was my experience. It seems like others get approved regardless of debt to credit card limit .
I have the prime cards AMEX Blue, Plat cards etc. So will see, don't want to just apply and risk an inquiry for no card.
