Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!


Posted in Credit Scores
Profile Image

Question By

1 Contribution
18 People Helped
need CS back up quick-financed for $1500 but went over 10% and lost 111 pts! WTF?
I bought some new furniture after my last collection dropped off and Vantagescore was 755 on 2/14/13

got approved for 1500$ 0% apr for 18 mo otherwise %29.99 on total purchase through GECRB GE capital and salesman said they will let you finance 1650 ( not knowing this would report as over limit) so i agreed now my cs dropped 111 points down to 643! I just paid 150.00 but am still waiting until next month to see how much it improves? should I risk another hard inquiry and transfer bal would that help?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.