How many lines of credit do you have?

**patrick12** · April 18th, 2012, 12:04 PM

3 Rivers Fcu Visa $10,000
GSB Gold $5,000
GTE FCU Platinum Visa $8,800
United FCU Gold $5,000
Citi Platinum Select $1,500
Citi Diamond Preferred $1,500
Barklays Apple $550.00
Capital One Sony $750.00
Macys Store Card $5,000
Macys Furniture Line $5,000
Discover $1,000
Home Depot $15,000
Phillips 66 Card $800.00
Sunoco $800.00
Marathon $1,050
JC Penny $500.00
Target $300.00
Wal-Mart $1,000
Sams Club $600
Amazon $1400.00
Chase Health Adavance (Braces) $5,000
HC Processing (BowFlex) $4,000
Cabelas Club Visa $4,500
3 Rivers FCU Line of Credit $3,000
Dell $1,500
Kohl's $1,500
Monroe Tire and Brake $2,600
Midwest America FCU Mortgage $46,500 (Balance)
Midwest America FCU Auto $23,000 (Balance)

TU Score= 711 Eq Score=704 Exp Score=710 DTI Ratio 20% Total Utilization 18%

**derek1061** · April 20th, 2012, 11:30 PM

Bank of America AMEX $2,500
Bank of America Visa $4,000
Chase Freedom $2,000
Citi Diamond Preferred $1,500
Discover More $3,000
HSBC $3,000
Barclays Apple $2,000
Federal Student Loan $9,000

Experian 675 Equifax 691 Transunion 702
Debt to Income Ratio 7%
Utilization 34%

**hjm331** · April 21st, 2012, 04:23 AM

I used to have a TON. I started weeding out the ones that were not treating me right; I cleaned house.

**Wanderer** · April 21st, 2012, 03:28 PM

Originally Posted by derek1061

Bank of America AMEX $2,500
Bank of America Visa $4,000
Chase Freedom $2,000
Citi Diamond Preferred $1,500
Discover More $3,000
HSBC $3,000
Barclays Apple $2,000
Federal Student Loan $9,000

Experian 675 Equifax 691 Transunion 702
Debt to Income Ratio 7%
Utilization 34%

Great mix of cards. Scores are there. After awhile (years) you may even be able to weed the garden if needed. My biggest challenge is trying to use all the cards I have and pay them so they show current use/paid. Really would like to close a few but can't afford to as my "average age of account" would drop due to too many new cards and no old cards (like 12 to 16 years).

**Wanderer** · April 21st, 2012, 03:29 PM

Originally Posted by patrick12

3 Rivers Fcu Visa $10,000
GSB Gold $5,000
GTE FCU Platinum Visa $8,800
United FCU Gold $5,000
Citi Platinum Select $1,500
Citi Diamond Preferred $1,500
Barklays Apple $550.00
Capital One Sony $750.00
Macys Store Card $5,000
Macys Furniture Line $5,000
Discover $1,000
Home Depot $15,000
Phillips 66 Card $800.00
Sunoco $800.00
Marathon $1,050
JC Penny $500.00
Target $300.00
Wal-Mart $1,000
Sams Club $600
Amazon $1400.00
Chase Health Adavance (Braces) $5,000
HC Processing (BowFlex) $4,000
Cabelas Club Visa $4,500
3 Rivers FCU Line of Credit $3,000
Dell $1,500
Kohl's $1,500
Monroe Tire and Brake $2,600
Midwest America FCU Mortgage $46,500 (Balance)
Midwest America FCU Auto $23,000 (Balance)

TU Score= 711 Eq Score=704 Exp Score=710 DTI Ratio 20% Total Utilization 18%

WOW! I am impressed. How do you keep all these cards active and paid current? What I mean is I almost forget some of my cards so I have to pay close attention to see that they get paid. Just checked and found there are eleven bank credit cards, two department store cards, one gas card, one bank LOC and one business bank credit card.

**patrick12** · April 22nd, 2012, 01:28 PM

Wanderer, I use my cards in a rotation, I am VERY diciplined! I show activity on so many each month, then switch! Its working out very well for me, and MyFico future predicts me to be in the high 800's in two years! I know alot of lenders hate to see lots of open trades, but I have found its been a great score booster for me! Not to mention the fact most credit unions and banks use an automated underwriting system now, each time I have needed a line of credit rather it be a car loan or an increase on my credit lines, its always went system approved! There is this new system that credit unions are going to, its called Loans PQ and Account Express, the neat part of this program is they can integrate it into their core system, so when you go online to either open up a checking or savings account, it will soft pull your credit report and system approve you for other products that institution offers as well! Alls you have to do is click the offer, typically a Visa card, personal line of credit or a car loan! Then a rep from their institution will confirm you want that product, and you close on your loan by electronic signature! That Simple! This new program has increased most credit unions loan product sales by 86%! Thats amazing!

**Faith** · May 2nd, 2012, 11:47 AM

Issuer	Credit Limit
Citi Thank You Rewards Mastercard	$25,000
JP Morgan Ritz Carlton Rewards Visa Card	$20,000
Barnes & Nobles MasterCard	$12,000
Citi Forward Visa	$10,100
Chase Freedom Visa	$10,000
Citi Platinum Select Mastercard	$9,500
HSBC Platinum Rewards Plus MasterCard	$9,000
GUCU Platinum Visa Card	$8,000
Capital One VentureOne Rewards MasterCard	$4,500
Nationwide Bank Visa	$3,500
Discover More Card	$2,500
Gold Delta Skymiles Card	$2,000
Hilton Honors American Express Card	$2,000
Sam's Club Discover Card	$1,600
Walmart Discover Card	$1,500