- Centurion Member
- Posts: 106
- Joined: Sat Feb 14, 2015 12:32 pm
- Location: North Carolina
Hello all! I am new here, and let me tell you a little bit about my credit profile. 20 Years Old. 25 K Income. Age of Credit 1 year 5 Months.
I have the following cards:
American Express EveryDay $3,000
Discover IT Student $2,500
Citi Simplicity $2,800
Navy Federal Flagship Rewards $5,000
Amazon Store Card $1,024
Sears Card $3,000
Sears Mastercard $4,250
Lowes Card $2,000
Marathon Visa Card $2,500
Walmart Card $1,400
Amtrak Guest Rewards Chase Card $2,500
Chase Disney Premier Visa $4,900
Chase Freedom $2,000
Chase Marriott Rewards Premier Card $5,000
Total Limits: $41,874
Debt on all cards is only $5,000, soon to be $3,000.
Hard Inquires are at 13. Depending on which report you pull 10 of those will drop off TU by year end, On EX I have 11 but they are 2 years out from dropping.
Anyway my whole point in writing is to ask what I should do. You see, I want to get my Marriott Cards Credit Line increased, however I think it is best to take this year (2015), not apply for anymore cards and just let my balances drop to $0, except for normal monthly purchases made on the Marriott Card. My question is at what point do I apply for the CLI, do I give it just until next year to HP again or do I wait longer? A lot of the pulls on EX are Chase and they won't drop until 2017, so part of me assumes I should wait until after 2017 to ask for CLI.
Another thing I considered is Consolidating Chase Credit lines all onto the Marriott card, with the exception of $500 on each card to keep each open. This would bring Marriott to like 13K CL and then I could slowly work on bringing up the other chase cards again.
I have no desire for anymore cards....at some point i'd like to close a few of the ones I have now...the store cards mainly but I won't do that at this point.
Discover FICO has my score at 751.
Sorry for the long winded post, I look forward to your replies.
Cards Currently In My Wallet(See Avatar)
Chase Marriott Rewards Visa Signature (Daily Purchase): 13.4K
NFCU Visa SignatureCash Rewards: 5K
Sheetz Discount Card 3c Off PerGallon Of Gas Everyday
Total Credit Card Limits Roughly: 61.5K