Konrad's assault of $200K

[Konrad2012]

Amex 25K

Barclays 25K

Navy 25K

Synchrony/Lowes 25K

BofA 20K

Cap One 20K

PenFed 20K

Chase 10K

DCU 10K

Citi 9K

Chase 5K

Disco 4K

Victoria's Dirty Secret $500

 

Amex Biz Pt #1

Amex Biz Pt #2

Amex PRG

 

HSBC Biz HKD

HSBC Biz RMB

 

3 Redbirds

 

My last two CLI's this morning ($20K combined) puts me knocking at $200K. In August 2014 I had zero unsecured credit.

 

Thanks to all of those who took the time to answer my questions/help me formulate my strategies via posts and PM's along the way.

 

My suggestions to others-

 

Don't apply for turd cards. Don't apply for cards just because everyone else is. Don't apply for cards to feel validated or some sense of accomplishment in your rebuilding process. Apply when your file justifies it.

 

Apply for issuers that are known for increasing and/or combining limits.

 

Max out the cards and PIF. Steadily work CLI's, and let said CLI report before going for the next CLI with another issuer.

 

Don't fear INQ's...they are just an excuse brought up when an issuer isn't ready to extend you credit or further their current extension limits.

 

Don't take no for an answer, call back once, twice, five times if need be.

 

Read. Then read more. The read even more. Finally ask educated questions to verify that you have assimilated the information correctly.

Edited April 1, 2015 by Konrad2012

[popamode72]

Very impressive and great advice too. I'm very happy for your success.

 

I'm nearly at the 100k mark myself and I never go for TLs that are just gonna be crap flowers toy limits forever. I like some action on mine.

Edited April 1, 2015 by popamode72

[ubercat]

K-Rad and I came up at about the same time here on CB and I don't mind saying, he's just about doubled what I have in lines.

 

There are only a few people on CB who plan as well as K-Man does - anyone reading would do well to take his advice.

 

 

 

Congrats! You'll be a pimp this year no problem.

[mendelssohn]

Nice work!

[TomDumb]

How does M$ factor into this. Do you isolate certain cards to M$ or does all get equal treatment.

[Tileguy61]

I've said this before... but your success is truly amazing. You are the man! Pimpdom is not so far away at the rate you are going.

[mendelssohn]

There are only a few people on CB who plan as well as K-Man does

I agree. You don't go from $0 to $200K without a lot of planning and determination. He has a really good portfolio of cards as well.

[AnnMichele]

$0 to $200 since August?!?! That's crazy and quite impressive.

 

Did you have clean files before you started?

[CreditNewb15]

This might be a stupid question, but for someone who is not a business owner, what is the draw of having 200K in revolving credit?

[popamode72]

This might be a stupid question, but for someone who is not a business owner, what is the draw of having 200K in revolving credit?

 

Probably getting denied for certain cards because of a reason like "having too much available credit" by certain lenders, especially CUs. That sure hasn't stopped Konrad from getting what he wants though.

Edited April 1, 2015 by popamode72

[CreditNewb15]

Sorry, I meant what is the appeal?

Other than being a badass, obviously.

 

Is is a general milestone for credit scoring/reporting or just a personal goal?

Edited April 1, 2015 by CreditNewb15

[popamode72]

Sorry, I meant what is the appeal?

Other than being a badass, obviously.

 

Is is a general milestone for credit scoring/reporting or just a personal goal?

 

You get to be called a credit pimp here, that's one thing.

 

The 100k in credit is a personal goal for me as well as a result of getting good growing prybars for utilization, etc but also getting the rewards cards that I want too. It's also fun. Everyone i talk to is shocked when I tell them about how much credit I have, etc, especially my own family.

Edited April 1, 2015 by popamode72

[Konrad2012]

How does M$ factor into this. Do you isolate certain cards to M$ or does all get equal treatment.

 

The only M$ I've done with Disco is to max out the 5%.

 

PenFed, DCU, Amex revolver, Navy, Lowes and BofA do not really get M$'d. The other day I swiped my BofA at Target just because I had leftover capacity. A one percent card would be a waste, unless you are already there and like I said have some leftover capacity. Then you might as well make another $7.

[blqbutterfly]

Nice work....K-man....great advise too! Thanks for your input on everything!

[Konrad2012]

$0 to $200 since August?!?! That's crazy and quite impressive.

 

Did you have clean files before you started?

 

No, but everything was heavily aged.

 

A lot of my stuff was paid tax liens. I got most of them removed. (One stuck on EX and TU). And I still have a 120 day mortgage late that is now nearly 6.5 years old. No one but Chase even mentions it now.

 

Your EX is higher than mine by 20 points. My EQ and TU now eclipse yours by 5-10 points.

[AnnMichele]

 

$0 to $200 since August?!?! That's crazy and quite impressive.

 

Did you have clean files before you started?

 

No, but everything was heavily aged.

 

A lot of my stuff was paid tax liens. I got most of them removed. (One stuck on EX and TU). And I still have a 120 day mortgage late that is now nearly 6.5 years old. No one but Chase even mentions it now.

 

Your EX is higher than mine by 20 points. My EQ and TU now eclipse yours by 5-10 points.

 

Wow Konrad!

 

I have no idea how my scores are where they are except for maybe my student loan from 9 years ago. All other credit is well under a year, heck even under 6 months. I hope that I can have even a fraction of your success.

[Konrad2012]

Sorry, I meant what is the appeal?

Other than being a badass, obviously.

 

Is is a general milestone for credit scoring/reporting or just a personal goal?

 

.

Quite frankly I've never had/do not have an overall credit goal from a dollar amount perspective. I just noticed today while plugging my CLI's into my spreadsheet that I was right around $200K

 

I wanted all the prime issuers.

 

I wanted certain products for sign up bonuses/points/miles accumulation for travel. I'm sitting on 500,000 AA (although 300,000+ are flowers-in-seat miles), 200,000 MR, 175,000 UR.

 

I signed up for what appeared to me to be the best CU's for limits, auto loans and mortgages (although I realize a CU for a mortgage might be a friggin headache). The CU's were more relationship oriented.

 

 

Still not finished:

 

I want a Citi AA biz (50,000 miles and a hidden trade), I want a Chase BA (when the 100,000 miles bonus for $20K spend comes around) , I want a Chase CSP (40,000 plus AU eventually turned in to Freedom #2), I want a JCB 3% card (when my mortgage late goes away). And I really really want my Costco Amex limit to go to an EDP.

[ubercat]

PMI, but is 500 pimp or 200?

[Konrad2012]

 

 

$0 to $200 since August?!?! That's crazy and quite impressive.

 

Did you have clean files before you started?

 

No, but everything was heavily aged.

 

A lot of my stuff was paid tax liens. I got most of them removed. (One stuck on EX and TU). And I still have a 120 day mortgage late that is now nearly 6.5 years old. No one but Chase even mentions it now.

 

Your EX is higher than mine by 20 points. My EQ and TU now eclipse yours by 5-10 points.

 

Wow Konrad!

 

I have no idea how my scores are where they are except for maybe my student loan from 9 years ago. All other credit is well under a year, heck even under 6 months. I hope that I can have even a fraction of your success.

 

 

The day my mortgage late goes away I'll have 800 on EQ and probably just about on TU.. The EX tax lien shows unpaid which is what drags it down lower than the others. It's been paid over 5 years, I just refuse to give them that info and instead keep trying to chip away at it...freezing LN, disputing it etc. Next is to get a letter from the tax agency that I have no outstanding liabilities, and tell EX that they are reporting inaccurately. Depending on how TU looks when the mortgage late falls (TU shows the lien as paid), I might eventually just send EX the proof that it is paid. Once I do that though its there for the long haul.

[Konrad2012]

PMI, but is 500 pimp or 200?

 

I think its $500K. Not sure.

 

You should be due for another big CLI streak as well buddy!!!

[ubercat]

 

PMI, but is 500 pimp or 200?

 

I think its $500K. Not sure.

 

You should be due for another big CLI streak as well buddy!!!

 

 

Yup. May 1st. Nine lines. Can't wait!

 

I seem to remember 500 too.

Edited April 1, 2015 by ubercat

[Konrad2012]

 

 

PMI, but is 500 pimp or 200?

 

I think its $500K. Not sure.

 

You should be due for another big CLI streak as well buddy!!!

 

 

Yup. May 1st. Nine lines. Can't wait!

 

I seem to remember 500 too.

 

 

I'd do them gradually so you can build one on another. BofA will force a re-report immediately, so you might want to start with them if you think they will be one of your highest issuers.

[AnnMichele]

 

 

 

$0 to $200 since August?!?! That's crazy and quite impressive.

 

Did you have clean files before you started?

 

No, but everything was heavily aged.

 

A lot of my stuff was paid tax liens. I got most of them removed. (One stuck on EX and TU). And I still have a 120 day mortgage late that is now nearly 6.5 years old. No one but Chase even mentions it now.

 

Your EX is higher than mine by 20 points. My EQ and TU now eclipse yours by 5-10 points.

 

Wow Konrad!

 

I have no idea how my scores are where they are except for maybe my student loan from 9 years ago. All other credit is well under a year, heck even under 6 months. I hope that I can have even a fraction of your success.

 

 

The day my mortgage late goes away I'll have 800 on EQ and probably just about on TU.. The EX tax lien shows unpaid which is what drags it down lower than the others. It's been paid over 5 years, I just refuse to give them that info and instead keep trying to chip away at it...freezing LN, disputing it etc. Next is to get a letter from the tax agency that I have no outstanding liabilities, and tell EX that they are reporting inaccurately. Depending on how TU looks when the mortgage late falls (TU shows the lien as paid), I might eventually just send EX the proof that it is paid. Once I do that though its there for the long haul.

 

See your late payment makes a difference between our scores. They are close but on two different levels.

 

I don't have any late payments (thanks to my GW letter) but I do have a collection on both TU and EX that's scheduled to fall off next year March. I'm surprised that my scores are so close with EQ being clean. I thought the collection would hold TU and EX down more but it clearly isn't. I guess I'll see if my score changes any in 6 months when I dispute it on TU and I'm thinking 9 months when I attempt to dispute it on EX.

[Konrad2012]

 

 

 

 

$0 to $200 since August?!?! That's crazy and quite impressive.

 

Did you have clean files before you started?

 

No, but everything was heavily aged.

 

A lot of my stuff was paid tax liens. I got most of them removed. (One stuck on EX and TU). And I still have a 120 day mortgage late that is now nearly 6.5 years old. No one but Chase even mentions it now.

 

Your EX is higher than mine by 20 points. My EQ and TU now eclipse yours by 5-10 points.

 

Wow Konrad!

 

I have no idea how my scores are where they are except for maybe my student loan from 9 years ago. All other credit is well under a year, heck even under 6 months. I hope that I can have even a fraction of your success.

 

 

The day my mortgage late goes away I'll have 800 on EQ and probably just about on TU.. The EX tax lien shows unpaid which is what drags it down lower than the others. It's been paid over 5 years, I just refuse to give them that info and instead keep trying to chip away at it...freezing LN, disputing it etc. Next is to get a letter from the tax agency that I have no outstanding liabilities, and tell EX that they are reporting inaccurately. Depending on how TU looks when the mortgage late falls (TU shows the lien as paid), I might eventually just send EX the proof that it is paid. Once I do that though its there for the long haul.

 

See your late payment makes a difference between our scores. They are close but on two different levels.

 

I don't have any late payments (thanks to my GW letter) but I do have a collection on both TU and EX that's scheduled to fall off next year March. I'm surprised that my scores are so close with EQ being clean. I thought the collection would hold TU and EX down more but it clearly isn't. I guess I'll see if my score changes any in 6 months when I dispute it on TU and I'm thinking 9 months when I attempt to dispute it on EX.

 

 

A 120 on a mortgage is a killer. Bob and I estimated its hitting me for 60+ points at 6.5 years old

[mrjuggalo9er]

 

 

Sorry, I meant what is the appeal?

Other than being a badass, obviously.

 

Is is a general milestone for credit scoring/reporting or just a personal goal?

.

Quite frankly I've never had/do not have an overall credit goal from a dollar amount perspective. I just noticed today while plugging my CLI's into my spreadsheet that I was right around $200K

 

I wanted all the prime issuers.

 

I wanted certain products for sign up bonuses/points/miles accumulation for travel. I'm sitting on 500,000 AA (although 300,000+ are flowers-in-seat miles), 200,000 MR, 175,000 UR.

 

I signed up for what appeared to me to be the best CU's for limits, auto loans and mortgages (although I realize a CU for a mortgage might be a friggin headache). The CU's were more relationship oriented.

 

 

Still not finished:

 

I want a Citi AA biz (50,000 miles and a hidden trade), I want a Chase BA (when the 100,000 miles bonus for $20K spend comes around) , I want a Chase CSP (40,000 plus AU eventually turned in to Freedom #2), I want a JCB 3% card (when my mortgage late goes away). And I really really want my Costco Amex limit to go to an EDP.

 

Why did you put discover in a list with prime cards