BlackCivicSi wrote:Here's my situation, from scanning through forums and posts, i figured this would be a good place to seek guidance.
I have 3 cards
Synchrony (it was BP Chase but they switched us)-6k balance
TU score: 710
Exp score: 708
I'm trying to find a card i can move 1-2 of these balances over to that's got a low % rate for 12-24 months so i can really do some damage on the balances. The problem is I was denied (PNC) for having too high of credit utilization (which obviously is the reason i'm trying to do this in the first place)
Any suggestions on what card i should take a look at?
You say you have too high of credit utilization. It would be helpful to know where you are in that utilization percentage, or hard figures, ie, what are the CL on those 3 cards. If you're over 60% on any of those cards, your chances will likely be limited. AND you would probably need to get a card with at least at 10K CL, which is not likely, given what you've told us. Those are some significant balances you're carrying on those 3 cards; even if you got a Chase Slate with a starting CL of $10K, you'd rapidly tap that out with the BofA (70%), or the combo of the Synchrony/Cap 1 (90%).
Perhaps a consolidation loan through Prosper, Lending Club, or BestEgg would be more beneficial, given your circumstances.