Ask Hegemony: Am I Diversified?

[hegemony]

How about we include our Savings/CD's/Shares/IRAS/Deferred Comp too?

 

 

EDIT: 401s/investment properties?

 

 

 

 

 

 

 

 

 

 

 

 

 

Because in that case, I'm diversified.

 

 

reread the original post. thanks.

[hegemony]

The downside of being better than everyone else is that people tend to assume you're pretentious.

 

sorry, but I thought a light-hearted thread like this is a way to break things up.

 

You don't need to crap in this thread. Please drive on.

[hegemony]

The downside of being better than everyone else is that people tend to assume you're pretentious.

 

 

 

 

I'd figured just as much from you.

[BobWang]

Professor, I think I'm diversified, but I NEED HELP!

 

Forgot to add "Understanding part:

 

[IFBrock]

See sig.

[ShadyCredit]

HSBC Discover $300 limit, $275 balance

HSBC MC: $400, $0 balance

HSBC MC: $500, $0 balance

GEMB Honda: $6500, $2400 balance

Citi: $5200 (AU) $1800 balance

BofA: $5500 (AU) $3800 balance

HSBC Platinum: $3000 (AU) $0 balance

Auto Loan: $4650 balance, $465 minimum payment, shows on EQ ONLY

 

Do I qualify?

 

No...too much HSBC and not enough CU or oddball action.

 

 

 

ANY HSBC is too much HSBC. My goal is to have a Hooters card within a couple months and one other card, not sure which since I can't have Providian, Chase, Cap1, Associates/Citi, or anything GEMB. I'm not sure why but they don't like me anymore.

[hegemony]

Professor, I think I'm diversified, but I NEED HELP!

LOL Bob. You should teach your own section of this course.

[hegemony]

See sig.

Active:

($2000) Discover - Discover More

($1600) Mastercard - Citi Driver's Edge

($4300) American Express - American Express Clear

 

Sock Drawer:

($1500) GEMB - JCPenney Black

($0800) Mastercard - Chase Sheetz

($0750) Visa - Capital One Platinum

($1000) Visa - GEMB American Eagle

($1500) Mastercard - HSBC GM Flexible Earnings

($1000) American Express - Bank of America Rewards

($2100) American Express - Citi Diamond Preferred Rewards

 

 

pretty good mix, but I don't see any CUs or oddballs. My first 5 figure limit was with a CU...

[hegemony]

HSBC Discover $300 limit, $275 balance

HSBC MC: $400, $0 balance

HSBC MC: $500, $0 balance

GEMB Honda: $6500, $2400 balance

Citi: $5200 (AU) $1800 balance

BofA: $5500 (AU) $3800 balance

HSBC Platinum: $3000 (AU) $0 balance

Auto Loan: $4650 balance, $465 minimum payment, shows on EQ ONLY

 

Do I qualify?

 

No...too much HSBC and not enough CU or oddball action.

 

 

 

ANY HSBC is too much HSBC. My goal is to have a Hooters card within a couple months and one other card, not sure which since I can't have Providian, Chase, Cap1, Associates/Citi, or anything GEMB. I'm not sure why but they don't like me anymore.

well hsbc and household can play a role for many people; they gave me cards post BK. But with your rising scores IMHO you need to look toward CUs in the next few months.

[BobWang]

No...too much HSBC and not enough CU or oddball action.

Oh, dang! I'm NOT diversified. No CUs and no oddballs.

[minnie aubre]

OH ok. I am still mad at Amex. Sorry!

me too!

 

But I love Chase and Citi! I am almost done replacing Amex now.

again, me too!

 

chase started as a 200 bp store card a year ago and i now 5k starbucks duetto. citi started me 9 months ago w/3.5k dpr and i now have 19k cash returns and my dpr is at 1k (reallocated 9k to cash returns).

 

Similar here! I started with Chase Visa $1000 and Citi Visa $500. I am interested in the dpr card...

[dnm45227]

I am interested in the dpr card...

go for it!

[LKH]

The downside of being better than everyone else is that people tend to assume you're pretentious.

 

 

And this was necessary why? Please explain, I'll wait for your response.

[LKH]

The downside of being better than everyone else is that people tend to assume you're pretentious.

 

 

 

 

 

 

Same goes for you? Why was this necessary?

[ShadyCredit]

well hsbc and household can play a role for many people; they gave me cards post BK. But with your rising scores IMHO you need to look toward CUs in the next few months.

 

 

I agree HSBC has been a great stepping stone, but not a CC I'm proud to hold.

 

In your opinion, what CU should I go after? I'm not currently qualified for a CU, but I am willing to jump thru some hoops.

[hegemony]

No...too much HSBC and not enough CU or oddball action.

Oh, dang! I'm NOT diversified. No CUs and no oddballs.

 

LOL. I think you get a pass, although I am surprised you don't want the 2% cashback card from NASA.

[hegemony]

well hsbc and household can play a role for many people; they gave me cards post BK. But with your rising scores IMHO you need to look toward CUs in the next few months.

 

 

I agree HSBC has been a great stepping stone, but not a CC I'm proud to hold.

 

In your opinion, what CU should I go after? I'm not currently qualified for a CU, but I am willing to jump thru some hoops.

well it depends a lot on what derogs, if any, are on your reports. I am a fan of NASA and Patelco, but do a search on CB to see which CU is the best fit for your purposes.

[BobWang]

No...too much HSBC and not enough CU or oddball action.

Oh, dang! I'm NOT diversified. No CUs and no oddballs.

 

LOL. I think you get a pass, although I am surprised you don't want the 2% cashback card from NASA.

2%, did someone say 2%?!!!

OK, I"m going to have to check out this CU thing.

[more credit less cash]

Chase Flexible Rewards Visa 13k

BOA WorldPoints Visa 4.6k *will probably be consolidated...*

BOA WorldPoints Visa 15k

FIA Fidelity Investment Rewards Visa Signature 5k

Wachovia Platinum with Rewards Visa 15k

Citi DPS MC 22.5k

PenFed Visa Platinum Gas Cash Reward Visa 10k *not sure if I'm really approved or not...*

 

I think I have good amount of credit available considering that my oldest TL is just 2 years old... I have 6-7 closed TL with CL less than 1700.

[ShadyCredit]

well it depends a lot on what derogs, if any, are on your reports. I am a fan of NASA and Patelco, but do a search on CB to see which CU is the best fit for your purposes.

 

 

I have a few(~5) collections that are 5 years old now. Everything else has been positive and I will have a new mortgage for about $160k by the end of the month. I'm not sure if I'm ready for a CU just yet.

[hegemony]

No...too much HSBC and not enough CU or oddball action.

Oh, dang! I'm NOT diversified. No CUs and no oddballs.

 

LOL. I think you get a pass, although I am surprised you don't want the 2% cashback card from NASA.

2%, did someone say 2%?!!!

OK, I"m going to have to check out this CU thing.

2% with NO CAPS.

 

 

first $1000 is 1%

$1001 to $2000 is 1.25%

$2000 + is 2%

 

(per billing cycle)

 

plus some of the best terms for consumers out there.

[hegemony]

Chase Flexible Rewards Visa 13k

BOA WorldPoints Visa 4.6k *will probably be consolidated...*

BOA WorldPoints Visa 15k

FIA Fidelity Investment Rewards Visa Signature 5k

Wachovia Platinum with Rewards Visa 15k

Citi DPS MC 22.5k

PenFed Visa Platinum Gas Cash Reward Visa 10k *not sure if I'm really approved or not...*

 

I think I have good amount of credit available considering that my oldest TL is just 2 years old... I have 6-7 closed TL with CL less than 1700.

If you land the Penfed and consolidate the BOA.FIA.MBNA products then you have an excellent mix. At some point you could add a couple oddballs, maybe SFB visa or RBS.

[hegemony]

well it depends a lot on what derogs, if any, are on your reports. I am a fan of NASA and Patelco, but do a search on CB to see which CU is the best fit for your purposes.

 

 

I have a few(~5) collections that are 5 years old now. Everything else has been positive and I will have a new mortgage for about $160k by the end of the month. I'm not sure if I'm ready for a CU just yet.

if the collections are unpaid, many CUs will balk. IIRC CCCU might be ok though.

[hardpull]

Cit Bank/Dfs			 6-Nov	 5000
New England FCU		   8-Mar	15000
McYdsnb				   7-Mar	2000
Pentagon Federal Cr Un  8-Jan	20000
Wash Mutual/Providian   7-Jun	2000
Citi 					4-Jul	15000
Amex 					5-Jul	25000
Amex 					5-Feb	20000
Chase 					6-Apr	2000
Discover Fin Svcs Llc 	7-Jun	1000
Visdsnb 				   7-Nov	2000
Cap One 				   7-Mar	2000
Barclays Bank Delaware 	7-Dec	2000
Amex 					5-Mar	<gold>
Bank Of America 		  7-Mar	500

Edited April 6, 2008 by hardpull

[hegemony]

Cit Bank/Dfs			 6-Nov	 5000
New England FCU		   8-Mar	15000
McYdsnb				   7-Mar	2000
Pentagon Federal Cr Un  8-Jan	20000
Wash Mutual/Providian   7-Jun	2000
Citi 					4-Jul	15000
Amex 					5-Jul	25000
Amex 					5-Feb	20000
Chase 					6-Apr	2000
Discover Fin Svcs Llc 	7-Jun	1000
Visdsnb 				   7-Nov	2000
Cap One 				   7-Mar	2000
Barclays Bank Delaware 	7-Dec	2000
Amex 					5-Mar	<gold>
Bank Of America 		  7-Mar	500

 

A+