topic Re: Where do I start? Please help. in Rebuilding Your Credit

Where do I start? Please help.

Kwao — Sun, 07 Oct 2012 19:00:53 GMT

My scores are:

Ex: 673(as of the 11th of August, but checked today and it says 717 on experian's site)

Eq: 725

TU: 734

No debts. Only one line of credit-a secured card I opened with Wells Fargo in February of this year(2012). Not sure when I should apply for a real credit card. I've never had one before. I'm getting offers in the mail, but I've declined to try thus far.

Where do I start? Please help.

Kwao — Sun, 07 Oct 2012 19:01:15 GMT

So with no debts, one secured card reporting and only a credit history going back to February of this year, should I apply for any actual credit cards? What can I do to help build my credit any further?

Where do I start? Please help.

LIGHTNIN — Sun, 07 Oct 2012 19:16:45 GMT

"OP, I split your post to form a new one here. I had to edit the title, but changed nothing else.

If you'd like to change the title, click "Options" and then "Edit Message"."

Lightnin,myFICO moderator

ETA... Welcome to the forums,

To understand the way we talk around here, study this ....Common Abbreviations , or make a copy to put next to your computer.

Where did you get your CS (credit scores)? Most creditor use FICO scores.

Suggest reading The Son Of Credit Scoring 101. to know the difference between FAKO's and FICO's

That will get you started, I'll let others chime in.:smileywink:

Re: Where do I start? Please help.

Shogun — Sun, 07 Oct 2012 19:47:59 GMT

I think I commented on your post on the Credit Card forums. Didn't you also co-sign for a car loan and get a Lowes and Walmart car? That's 3 brand new TLS.

Re: Where do I start? Please help.

LIGHTNIN — Sun, 07 Oct 2012 20:20:27 GMT

Directing members to similar thread found here...http://ficoforums.myfico.com/t5/Credit-Cards/Need-Credit-Line-Suggestions/m-p/1630144

Combing threads, so you'll get the best advise possible and to avoid confusion. Locking Thread.