I think we joined the wrong credit union...

[aces67]

Post discharge we joined a local credit union. There are only 3 small/tiny CU's in our town. So far everything's been great. They said at 1 year post discharge they would consider refinancing my van and giving us credit.

The only problem is they don't offer credit cards AT ALL. We were hoping to get a low rate card through them to use in case of emergency. We have a Cap One card but they won't raise the limit over $500 despite the fact that it's always paid before time and my van note is always early also and dh makes really good money so I'm not sure why they won't raise it any higher. We were hoping for a card with a $1K limit just in case.

[jacko]

Why do you need a CC if your husband makes good money? Why not pay off the Van with a extra monthly payment if you can afford it or save up 6-12 months of living expenses instead of focusing on a CC limit increase.

[amalejko]

Don't pay the full amount each month; yes you will pay interest but if you do not keep a balance, why would they raise your limit? That is what I was told...leave a small balance and every few months pay it in full and never charge more than 50% in one month.

[aces67]

Why do you need a CC if your husband makes good money? Why not pay off the Van with a extra monthly payment if you can afford it or save up 6-12 months of living expenses instead of focusing on a CC limit increase.

We want one for emergency purposes. Dh does make good money but he is our only source of income and his job like everything else flows with the economy so his hours come and go.