Here's a rough breakdown of my non detailed credit report.
I want to buy a house well condo in a year. I am in the 28% tax bracket. I have 20% or more down to avoid PMI.
My question is this credit too low to pull it off? The reason my utilization is so high is because I put all my expenses on the card and pay them off each month.
The only thing I can change is the available limit. Capitol one denied increasing my 4.5K card but they didn't run a real report. Should I try and open another credit card to increase my credit score (only have 2 and a 2 years paid off out of 3 year car loan).
My total credit won't increase so I was wondering if it makes sense to open another credit card. I will have another inquiry which is a minus but will have maybe 3-5k more credit. Should I do that or stick and hold at my current situation?
Mind you I know before getting the mortgage to pay for everything in cash so I am utilizing 0% of my available credit. I could pay off my car loan early but I enjoy the extra leverage for investing.