Hello all,
Ive been carrying a 2-3k balance on my QS1 card for about 2 months now (I know bad idea). My credit score is hovering around 620-634 on all three, and I figured, if I paid off this CC debt, my UTL will decrease and I assume raise my score significantly? ($4,200 limit QS1 that had a $3,100 balance). So I paid it off to $100 balance, and more receently ive been trying to increase my CL, no luck....
Well like Ive stated earlier, I pay that $3000 balance yesterday, and today I decide to hit LUV button and get a $2000 increase immedietely. Im assuming, once you pay off a large balance, boom you get rewarded. I also have 2 other Cap1 cards with $500 limits that I barely used, had for about 3 months and its in that credit step program. Suspose to get a $500 bump on each, well I hit the LUV on both and got a $1000 CLI on each card. Interesting day. Odd strategy via Cap1