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    New Jersey
  1. wasn't expecting it, but, being that w2 was one of their self described ways of proving income, I thought I would be ok...it misled me to apping,
  2. hey trollboy, "you don't have a real business", stick your comment bro. Trying to help people out. You don't know what kind of money I bring in.
  3. Gotta share the good, bad, and ugly... I had about 719 score on TU , UTIL in the high 20s..Was approved for 26k at 8.99 so I decided to go thru with it. I have a business and pay all my bills and stuff thru that and this was the problem...I even submitted a w2 but they wanted to see my personal bank account, which has no activity..just a lesson for those going forward. I tried to get them to take the inquiry off but no dice..Got kinda pissed off at the end and just hung up. Anyway, hope this helps someone if they are in the same boat.
  4. You can ask the lender to just do a soft pull to see if you would get qualified. They looked at my last 3 months revenues, which were around 50k, and they looked at my personal credit. Think my scores were in the 720 range, but, somewhere in the 70s on util. Between this loan and paying off balances, I have been getting credit line increases on my personal cards and am now able to get some much needed financing.
  5. Ive been working on bringing down my UTI and have been ...I get daily updates on my Experian scores and I noticed a 25 point drop. It appears its because a new balance reported. I recently got a Discover card and I used almost the whole limit to transfer a balance. Could this alone be the reason, or, is it because I have too many accounts with balances? I'm just wondering because that account was the trigger. Is there some % use of an account that causes your score to tank? Stinks because it will be like this for a month. Balances are actually 2500 lower than they were when this happened but the 25 points have still not come back.
  6. Just a little info on my current situation: have like mid 60/70s Utilization on my personal credit, and about 200k business revs.. I did a preapproval check on lendio and I spoke with the rep and told him to just try and get me approved using soft pulls so my credit didn't get dinged multiple times. A company called headway capital offered me roughly 21k..the rate is in the 23% area, but , its a pretty good option for me now to pay down some cards with it , then use some 0% offers I have and hopefully get some new credit before paying it off...It stays open and I can use it again and again. Supposedly , the rate and line may get better in as little as 3 months. Just figured Id share bc I'm pretty happy that I may be able to free some stuff up and get my utilization in order..Been paying down the balances 2-3k month too, so, things starting to roll a bit.
  7. teamgreen

    US Bank

  8. this answer is the problem with this site. most of this answer is borderline trolling and stating the obvious. the helpful line is suggesting I call in about the Walmart and amazon line. I guess there is some basis for this? I didn't come here for therapy on why I have high utilization...the way credit works is, some of you guys that have 300k in lines could have the same debt I have and be in way over their head. Just looking better to lenders bc you played the game better...That's what we all want here...to improve our situations...people like to lecture..just help if you can
  9. Good thing is, biz is doing pretty good and Im paying down 2-3k/month. Bad thing is I have some stuff coming off 0%apr and Ill have to get creative
  10. Yeah I hear you..Im assuming the cls will rise as the utilization drops ...I havent applied for anything in years so the inquiries mean nothing. Im assuming the downside is the low lines?
  11. My scores were 698 exp, 709 eq, 719 tu...got approved for a wmt mc $500, discover it $1500, us bank$500, amazon store $1500. Not bad considering UTI is in the 80s..
  12. teamgreen



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