gabo864 wrote:Thnks for the info. My other cards have a credit limit of $500 and my discover it card credit limit just went up to $3750, so yes $5500 is a pretty large amount compared to my other cards. I was planning to apply for a car loan in the next couple months. I really hope I can finance it without having to use my wife (she has a better score, longer credit history and already finished paying a car loan a few months ago). I'm crossing my fingers I can get a good interest rate.
That makes more sense. I apped for two new cards a few months back and saw a 10-15 point increase in score, so it's similar to your situation. I just assumed it was the extra available utilization, and my score did not drop following the increase. If you're waiting a few months, you can try any soft pull CLIs, particularly the AmEx 3x CLI, and see what you get.