- Centurion Member
- Posts: 538
- Joined: Fri Mar 09, 2012 9:29 am
- Location: San Francisco, CA
If that Citibank card is only card, you might also get denied for thin file. CSP is minimum of 5k and your Citibank card is close to that. Personally, I think it is okay to app before you start school and state your current income so I think income will be less of an issue. They will see your debt including your college debt which I assume you can afford at current income. When you hit grad school, I assume those loans will get deferred. So why shouldn't you get all the positives and negatives of each scenario.
Since you are going back to grad school, you probably will be laying off applications during schooling so why not app. Worse you get a wasted HP that your credit score will recover from in a year. So go for it. Even if you get rejected from CSP, I would recommend getting 2 other credit cards (assuming citibank is only one) for a total of 3 before grad school starts. At least three will build a solid credit profile and score best.
Amex Centurion, Amex Platinum, Amex BCP 8k->24k (5/23/12), Amex TE 15k, Cap One 1.5% 15k->20k (8/7/13), CSP 25k, Chase Palladium 100k, Citibank AA 35k (AU), Firestone 1.8k->2.2k->2.4k (8/20/12), JFCU Jloc 30k, PenFed Plat Rewards 30k, SF Fire 30k, US Bank Cash+ 25k