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I elected to pull the trigger on the new United card the other day. As expected, there was a pull on EXP. No instant approval. I see a pull from the following day on a different bureau (TU).
I am curious whether this is becoming their new normal. Recording still has the 'under review' message.
Scores at the time of the respective pulls are somewhere between 820-838 depending on just which flavor of Fair Isaac modeling was utilized...and as near as I can tell, I SHOULD be under 5/24 since the one that would have put me at 5/24 had been opened in the early part of June 2018 (thus being OUTSIDE of the two calendar year window).
Last time I opened a non-auto product with them was in the days of the Continental PresPlus card which I ditched after the merger with United. I actually only expect to keep THIS one for the year since the fee is waived in year one and I want options for the airports that don't have a Centurion Lounge.
Hello, I've been playing with my cc debt for a while now. I've opened new 0% accounts as suggested on these threads. When the 0% is over I transfer it to another one with 0%, accounts that I already have open. Now with the situation that we are all in, it's going to be a little tougher to pay more than close to the minimums. We owe a total of $25k, I've also worked with my DH's available credit for the 0% cards.
I am so tired of this debt! Our credit is good over 700's. I've thought about a personal loan since we receive lots of promotions on these, are these loans personally guaranteed?
Years ago they weren't but so much has changed.
Thank you for all the suggestions.
First thank you for all the knowledge posted here, I have followed CB off and on for over 10 years.
So here is me current credit Pic and I don't know what approach to take... except getting credit one and the AT&T charge offs removed.
Once I receive me new unsecured Cap 1 I'm hoping that gives me a score bump because I really don't have any open accounts as you can see. Discover said no to their secured card 😢 I have been a member of NFCU since 97 but my account is dormant just need to deposit money in savings to make active. But I was thinking I need to wait until I clean up my TU and bring scores up before trying for their secured card.
I'm assuming the student loans are hurting me but didn't want to contact them until I got better guidance from you all.
I could desperately use some guidance from you all
Fico 8 eports & scores as of March 10
Citibank AU $6500 limit $4977 =76% usage - 9 years old never late - I disputed this account due to usage being high and it was removed- no change to my score
Belk AU $9000 limit $1666 balance = 20% usage- 20 years old never late
Care Credit AU$4000 limit $0 -no usage - 8 years old never late
Sears - closed AU no negatives
CarMax paid closed $19,117 -opened 4/14 closed 7/15
Acendium student loan 44 lates CO $2872 updated 8/16
EDSOUTH student loan 10 lates CO $1750 account transferred to another office last update 8/16
EDU SERV OF AMER student loan CO $1984 account transferred to another office last update 12/14
FED LOAN SERV- closed exceptional payment history 5/15
GLESI/ Bank of America -closed exceptional payment history 2/12
US DEPT ED/ GSLI closed CO $1017 seriously past due last updated 2/20
US DEP OF EDU/ GSLI closed CO $2701 seriously past due updaye2/2020
Cap1 3/20 - unsecured card $300 limit in mail
Discover 3/20 - declined secured card
Belk - same
Care credit - same
CreditOne -paid- closed unkown payment history -CO bad debt updated 1/17
NFCU AU- closed updated 5/23 $20k limit exceptional payment history
All the same student loan info
AT&T Mobility $1206 collection opened 9/18 updated 2/20
Inquiries Cap 1
Care credit same
Credit union atl $3803 CO auto- opened 4/11 CO 12/14 - consumer disputes
EDSOUTH GLESI SAME
EDUC SERV AMER same
FED LOAN SERV same
FED LOAN SERV same
US DEPT EDUC same
US DEPT EDUC same
Well as most of us know, BofA if nothing else, is at least fairly generous with their soft pull CLI requests on a regular six month basis. It has also been well established that BofA has a de facto MAX aggregate unsecured credit card limit of $99.9K for most mortals, however IIRC both Hege and PotO have exceeded this.
So my question pertains to MAX aggregate BofA unsecured credit card limits in relation to total income so that we can set better/more realistic goals and expectations with BofA and not waste our efforts in pursuing limits beyond the BofA underwriting paradigm.
My aggregate limits are just a fraction below 50% of total income, so how far should we push this?
So my ob office just called me back because I had a health question. The nurse told me I was due for an ultrasound but that they can’t schedule it because I’m in collections for $234. First, I had no idea we were past due but I’m not happy my nurse and probably my ob have access to my financial info. I feel like this could impact my care. I get being deactivated and not being able to schedule because of being past due. But the billing office should be the only one who has that info. If I called in, the receptionist should be the one to say they can’t schedule me until I talk to billing. It feels like a violation of privacy for the nurse to know bc it could impact how they see me and thus, how they care for me. Are drs and nurses allowed to know the billing info?
I didn't come here to argue with you why I do or don't transfer money. Frankly, it is absolutely none of your business. I came here to share the information that DCU says it can be done, but it doesn't work. That's it. Hopefully, this information can be helpful for someone else who might want to use that feature, whatever their reasons might be.
Kat, Discover clearly thinks you the "cat's meow"! (mea culpa) A 0%/3% fee 12-mo bt offer is the new holy grail! My offers are akin to MP80 (last month, I think I posted that I didn't have an offer at all). http://
Why don't we use financial statements (balance sheet, cash flow, etc.) for consumers? Would they be useful for determining a consumer's creditworthiness?The key difference in evaluating a personal loan vs business loan is that (income - fixed expenses) pretty much tells you an individual's cash flow available to service a loan (with an allowance for income tax). Because personal debt obligations are typically taken with the intent to repay out of future cash flows, a balance sheet disclosing assets and net worth is of less value in assessing credit worthiness than assessing cash flow and looking at credit history. Analyzing a business' available cash flow takes more information to discern cash flow from non-cash accrual entries, and to evaluate what cash flow you can reliably expect to continue beyond the current year. This is what creates the need for a full set of financial statement to support a business loan.
As of today, the quote is still the same as my last screenshot, but I paid off the balance before the deadline of July 9th. As with three months ago, the Promo APR was 3.99% instead of the currently offered 4.99%. Merely 1% increases. By comparing your quotation with my quotation, in fact, your offers from Discover is more favorable, better. ------------------------------------------------------------------------------------------------
Why don't we use financial statements (balance sheet, cash flow, etc.) for consumers? Would they be useful for determining a consumer's creditworthiness?When lenders use financial statements to evaluate business loans they also want to see audited statements usually with enough history (at least 2 or 3 years) so they can understand the business and it's trajectory as well as what the loan will be used for. As an example, a manufacturing business that is growing at say, 30% a year, may be consistently profitable but have increasing cash needs. These sorts of businesses are required to use accrual based accounting and have to pay taxes on revenues they haven't yet received as well as inventory and new equipment. That's a good reason to borrow money. The alternative is they "factor" the receivables to get the required money but this involves significant discounts eating into the profits and reducing growth. An individual has very different needs. So the focus is on income, liquid assets, collateral (e.g. real estate equity) and existing debt service. Or at least used to be. Now these things are less important (because people fudge them) than credit history which is why there has been so much emphasis on FICO scores. At least for smaller loans that wouldn't require time consuming due diligence by lenders.