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SuperG

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  1. Hi all, I am looking at trying to get the best rate / down payment combination with no PMI. Have about 775 mid FICO score and dti with new mortgage payment (PITI) should be about 35%. I have heard of some jumbo products out there that will allow you to only have to put 10 or 15% down and still not have PMI. Are there any conventional products out there that would be the same? The jumbo rates here start at above $417k and I'm in a situation where I'm close to that number so could go either way without having to put to much more down. So the question is where should I shop around for the best rate/lowest closing costs with lower down if possible and no PMI? Appreciate the feedback. Thanks in advance. SuperG
  2. Thank you all for the replies and suggestions. It certainly sounds like the EX Backdoor is about the only potential option to see that report from time to time. Yeah, so as far as scores go, between the few CCs I have, I pretty much have access to a monthly score from EX, EQ, and TU in some way. Guess here's hoping that CK can somehow pull off adding Experian as well. Wishful thinking I know... SuperG
  3. Hi all, Just curious, but now that CS, Credit.com, and Quizzle all use EQ or TU, and CK does both EQ and TU, is there any place that I can get my Experian Report on a regular bases (weekly or monthly) without paying for it or signing up for a free trial? I don't necessarily need the FICO or the FAKO, mainly just the actual report contents for Experian. I know many CCs offer different scores from different CRAs, but I don't know any that also lets you see all the report details as well. Please let me know if there is any way to get my Experian Report for free on an ongoing and frequent basis. Thanks in advance. SuperG
  4. Hi all, I currently have an Amex Business Platinum Card ($450 annual fee) and I was wondering if I wanted to switch/convert/trade it into a Amex Consumer Platinum Card (Same $450 annual fee) is that easily done? Do they have to run a credit check when doing this or can they simply change it? I am looking to do this without having to take a hard inq and going through proving income, etc. as Amex likes to do. Has anyone had any experience with this? Please advise. Thanks! SuperG
  5. Thanks for your reply. That just seems odd that they would arbitrarily choose to delete the AU accounts for this ONE person. It would be one thing if for those CCs no one was getting EQ to report it, but why would one person get those EXACT CCs to report on EQ as AU and then another person (again same last name and address) loose their AU TL? SuperG
  6. Hi all, I am having a weird problem with Equifax and it NOT reporting a couple Auth User CCs. Both of these credit cards used to show up on the report for several years, but all of a sudden they have just disappeared. Nothing has changed. The CCs are still open and actively used and they DO report to both TransUnion and Experian. Also, the AU has the same last name and address as the Primary owner. Finally, which makes it even more confusing, is that there is another AU on both of these cards (also same last name and address) and for them both CCs ARE reporting to all 3 bureaus, including Equifax. Can someone please tell me how to go about getting Equifax to report these CCs? They are cards with a long history, great payment history, and high credit limits, and I really need them to report to this AU's Equifax report. Unfortunately there is no "dispute" process to say there ISN'T an account showing. Any help would be greatly appreciated. SuperG
  7. First off, congrats on getting the Znyc card and on starting your credit out on the right foot. As far as what to do next. You of course can look at what was suggested by KDS and get added as an AU to your parents Amex and then get it back dated. Otherwise, to be honest, I personally thing you still have a shot at getting approved for a standard unsecured CC at a big name player like Citi or Chase. You may not get a large limit to start, but I think having an Amex (even if it is newer) still goes a long way in establishing your lower risk factor, especially since it isn't brand new. Also, a paid off auto loan without any lates also shows good responsibility. I also think that the bigger reason you got denied on the Amex Blue is because you already HAVE an Amex (even if it is a charge card) and they want more history on you first. Also, Amex is a tougher lender in terms of risk to get approved for (especially on a revolving card rather than a charge card). I too think credit unions are great, and can get you some nice limits, but they seem to have a certain credit report standard that is harder to break into. What I mean by this, is that with a 679 you still may be able to get approved for a Chase or Citi card with maybe a $1K limit. Even with a 720, you still may only get a $1K limit with Chase and Citi (as they look much closer at other cards and their limits on your credit report when deciding what to give you). On the other hand, with a 679 you are more likely to get denied with a CU (due to their higher requirements) but with a 720, you not only could get approved but get a $5K+ credit limit. All of this is based on what I have read or personally witnessed or experienced. So bottom line, I would look at a Citi or Chase CC as a potential lender to get approved for a regular CC. Since you are in the habit of paying off your card in full, I would look at applying for a rewards card with them. Either a Citi Thank You card or a Chase Freedom card. Hope all of that helps, and let us know what you decide and how it goes. Thanks. SuperG
  8. What about cards that have less than 30 days grace period? Most of my cards only have 20-ish days grace period. When they say "30 day late" on your credit report, that is 30 days late from the due date. So, if your statement closed with a $300 balance on say April 1st, and your payment due date is April 21st, then the true "30 day late" on your credit would be if you don't pay the minimum by May 21st. Again, I agree with most that posted here, that unfortunately, we just don't have a great system with most CC issuers when it comes to autopay. Don't really know of a better solution, other than to just check all your CCs once a month for balances, due dates, dollar amounts, etc. SuperG
  9. Unfortunately, I don't know of a good solution. I mainly wanted to post to CONFIRM that Chase's system DOES infact recognize a manual payment and adjusts automatically. For example, lets say you set your CC to PIF autopay on the due date, which is say the 25th of the month. Now, lets say your statement balance for the previous month is $300. If on the 15th you pay $300, then Chase will NOT deduct anything on the due date. In another example, lets say on the 15th you pay only $200, then on your due date (the 25th), Chase will auto draft $100 to cover your PIF statement balance. Now of course if you cut it too close, ie. you pay on the 24th, then Chase's system may not have time to recognize the payment and will still auto draft your PIF payment. In my experience, up to 3 days before the due date IS recognized by Chase's systems. Hope that helps. SuperG
  10. LOL, guess you really like the PenFed Amex. Thanks for your input! So you would take the 3 HARD INQ? Also, keep in mind that I use a combination of the Chase Freedom (5% rotating CB) & PenFed Plat Rewards Visa for most of my rewards on purchases. I also PIF. I have browsed through that a couple of times already. I still pretty much come down to the same decision, and am really just looking for opinions on what YOU would do. Basically 3 HARD INQ w/ rewards vs 1 HARD INQ no rewards. I would have gone for the Schwab 2% CC if it was still out there. Anyone else? Thoughts? SuperG You already do business with PenFed... no guesswork there. How long ago was your last hard pull with them? Sometimes they will use the same report... I have been with PenFed for over a year now, so definitely won't use the same report. Really like PenFed, so no issues as far as that goes. SuperG
  11. So you would take the 3 HARD INQ? Also, keep in mind that I use a combination of the Chase Freedom (5% rotating CB) & PenFed Plat Rewards Visa for most of my rewards on purchases. I also PIF. I have browsed through that a couple of times already. I still pretty much come down to the same decision, and am really just looking for opinions on what YOU would do. Basically 3 HARD INQ w/ rewards vs 1 HARD INQ no rewards. I would have gone for the Schwab 2% CC if it was still out there. Anyone else? Thoughts? SuperG
  12. Hi guys. I was hoping for just a bit of advice. I am in need of a 0% Foreign Exchange Fee CC (as I will be traveling abroad a few times this year). I don't want an AF CC. From reading up on here, I am down to 2 options PenFed Promise or Capital One. If there are any others I am missing, please let me know. The question is, what would you guys do? Either PenFed Promise, which would require 1 HARD INQ on EQ, but CC has NO rewards OR Capital One, which would apparently require 3 HARD INQ (1 on each bureau), but has ~1% Cash Back. Assuming I could get approved for either CC, what would you do? And again, if you have another option I haven't thought of, please post. Thanks. SuperG
  13. Have and use this CC for 1 reason: 5% back on Gas + Auto Stmt Credit = Great! As long as PenFed keeps that going, I'm still happy. SuperG
  14. In my experience, there is no FICO difference between zero utilization and 1%. The only changes I have noticed are between 9.99% and 10%, and at the 30% or so mark, both of which are met with score decreases. Depending on the CAs that are listed, removing one CA might not net an increase either. If you had more time, I'd suggest a blanket dispute of all CAs directly with the CRAs, but clearly time isn't on your side. However, sometimes things drop off quickly (esp. if the address associated with a particular TL is removed). The CA you definitely want deleted is the newest. In my experience, there is no FICO difference between zero utilization and 1%. The only changes I have noticed are between 9.99% and 10%, and at the 30% or so mark, both of which are met with score decreases. Depending on the CAs that are listed, removing one CA might not net an increase either. If you had more time, I'd suggest a blanket dispute of all CAs directly with the CRAs, but clearly time isn't on your side. However, sometimes things drop off quickly (esp. if the address associated with a particular TL is removed). The CA you definitely want deleted is the newest. I just reviewed scorewatch and in the past few months, my score went up twice when balances reported. My Kohl's card reported $67 and I gained two points. Another card reported $1123 and I gained 6 points. Granted, it's all relative based on total available credit, available credit for that line, etc. but yes, it can go UP when your balance goes UP. I've also had my score go down or say the same a couple times when new balances reported. Like I said before, it can appear to be random. I agree with ProfMom. I think a small balance reporting definitely helps your score over $0 reporting. Now I don't mean every CC needs a balance, just 1 or 2. In your mom's case, just 1 CC having a small balance (less than 5% of its own limit) will help you get the 1 point and more. Thanks and let us know how it goes. Thanks. SuperG SuperG
  15. Thanks for the info. Couple quick questions. First, did they ask for docs to approve the Amex? Also, did you do all this near when you joined, or had you been a member for a bit and then received the "pre-approval" on the website? Thanks. SuperG

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