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good credit card with high limit

Submitted by on Fri, 07/03/2009 - 17:45
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Hello i am wanting to get a good credit card with a high credit limit. My credit score right now is a 683 on Experian and i have a 98% un used credit. One question i am planing on getting my fist home in Dec. How much will it hurt me getting a card right now? Im looking for a card with a 3,000 to 5,000 limit. Any help would be great. I hate to go and apply for cards and not get what im looking for.


As far as I know, in order to get a credit card at a low interest rate, you should have a credit score of 700 and above. So, I don't think you should apply for a new credit card now because as soon as you apply for a new line of credit, you credit score will come down due to hard inquiry. Moreover, your score is good enough to get a FHA loan, because you can get the loan if you have a score above 620.


Submitted by Carol79 on Sat, 07/04/2009 - 02:50

Carol79

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Thanks for the reply. Is a fha loan better than a morgage loan from bank of america? I am waiting til Noc to get the morgage because my score will go up another 100 to 120 points by then. If i get a high limit credit card after my score is above a 700 is it going to hurt me when i go in to get my morgage? as you can tell im new at this. Never bought a home. Would like to have all my ducks in a row and be ready and not do anything now to hurt me.


Submitted by on Sat, 07/04/2009 - 07:26

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As Carol said...

As far as I know, in order to get a credit card at a low interest rate, you should have a credit score of 700 and above. So, I don't think you should apply for a new credit card now because as soon as you apply for a new line of credit, you credit score will come down due to hard inquiry. Moreover, your score is good enough to get a FHA loan, because you can get the loan if you have a score above 620.


Submitted by desperatelyseekingsanity on Sat, 07/04/2009 - 09:05

desperatelyseekingsanity

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at least DSS can get points guest.i have no problem with someone signing off another post.i do have a problem when guests come on with snide comments.now i will repeat what DSS said as well.go away.


Submitted by paulmergel on Mon, 07/06/2009 - 15:01

paulmergel

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if vikas was monitoring he would see i deleted your other post.as far as what goes on period.i don't care.if there is a problem i would be notified.enough said this is locked.


Submitted by paulmergel on Tue, 07/07/2009 - 06:34

paulmergel

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