Chase Sapphire Preferred Approved with a Bad Score

[EAT_SLEEP_JEEP]

Congrats on the approval

[youngandcreditwrthy]

@Legal_Girl  You do know you can move credit lines around right?

if you wnt a higher line on the other card, call them up and ask them if you can re allocate the credit line :-) Super easy. 

[youngandcreditwrthy]

@Zoostation1  oh yes you can get down to high 500s like 580-600 with no missed payments. Ive seen it happen to my own report over ten years ago. It's that super high utilization when youre basically maxxed  out on every card. and if you only have a 2-3 yr old credit history.... yes you most certainly can. In that case, its more effective to file BK LOL (somewhat kdiding) depending on ability to pay.

sounds like the OP has it under control, but it is possible I have seen it myself and observed it in friends credit scores.

esp with vantage scores.. they count utilization either higher than or around the same as payment history.

now, I can't see it going 550 or below with no missed payments at all. 

[Legal_Girl]

Thank you. I wasn't sure if they would reallocate from the chase sapphire to the CFU. I will likely give it a try.

Thanks again.

[Djenius]

Congrats on your new CSP!

[CreditAggie]

Congratulations on your CSP approval!

[dhop08]

Thanks!

[dhop08]

Thank you!

[dhop08]

Thanks! Thats why I made the post cause I know its folks out there with low scores that feel like its going to be a while before they can get a good travel card. 

[dhop08]

Thanks