- Centurion Member
- Posts: 3954
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
xcrusher10101 wrote:Sorry for the triple post but I can't edit my old posts until they're approved but does going over your credit limit lower my credit because the limit is shared between my parents. The limit is like 15k and they used it to play for my tuition this semester and all the other expenses it's at like 16.8k. It's also gone over the limit a bunch of times in the past.
TU 623 and EQ 641 CreditKarma scores are bad. The presence of that Amex card's history on your report hurts your score more than it helps. My history is about as long as yours, and my CK scores have been in the 700-750 area. One thing that may help you is that just as being an AU on a good account doesn't help someone new to credit as much as it used to, being an AU on a bad account may not hurt you as much as it might have before.
A short history can have high CreditKarma and FICO scores if you pay on time and don't have more than half a dozen or so inquiries....not a super-high 800+ score, but possibly 750. The catch is that some lenders won't be too impressed with a clean but short history, even if that history generates a high score.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May