Mrs. GoodCash wrote:Yikes, you can't fudge on the credit card app College Kid. When you sign the App, you're normally promising under "penalty of perjury" that the info is correct. So don't commit perjury. I don't know what your credit score is, but you seem to be in a big hurry to boost your credit? There are alternatives. Have one of your parents co-sign on a card (providing their credit is OK). And you can also now BUY someone else's credit history for a fee and make monthly payments for six months. This can boost your score 50 - 100 points. You get to choose the credit history you want to buy. You can also consider a "store" card like Best Buy/Old Navy/Home Depot. Again, read the fine print before you commit. And be careful about applying for too many cards trying to win approval, that can also drastically affect your credit. Good luck, Kid!
I don't mean to "fudge"! I'm technically still "dependent" on my parents because I'm still in school. I have my own income, but that just goes to savings and personal expenses.
What I'm mainly concerned about is how my high utilization will affect my credit score. Even though I always PIF, my level of utilization is considered to be too high. So what I essentially want is a higher limit (which USBANK won't give me because A: It's a college card/I'm a student & B: My utilization is high) that isn't necessarily for more spending power, but provides a cushion so that I can continue my normal spending habits without worrying about high utilization.
Would it be smarter for me to just not use my CC for everything and pay with debit instead?