What are your current FICO 8 scores? That will make it easier to answer your questions. Opening a shared secured loan through a credit union will help strengthen your profile as well.
I normally find something I can use that doesn't use the same Credit bureau when doing sprees.
It cost $1 from www.creditchecktotal.com . How long is your credit history. Some banks are more forgiving than others when it come to that.
@Anonymous wrote:Thanks. I can do $1 and cancel I guess within a week.
10+ years since charge offs. Noting since because I was younger and stupid. I want to build up a good year before attempting Discover so that's out. BOA isn't too forgiving. I never had a Chase but I read reviews from people who got in to get canceled for no apparent reason so they scare me. But yeah, still need to research cards and loans. Someone the other day said they had Cap1 secured and got approved for another Cap1 card after 6 months so I may try that.
Start with a $500 shared secured loan. Here's the mega thread on how to http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Adding-an-installment-loan-the-Share-Secure-technique/td-p/4506756 . This alone will boost your scores 30 to 40 points.
While I don't spree, well not intentionally, nor do I recommend then generally, I would sit down and write out some financial goals/plans before doing one. And take those goals and see what cards would help you achieve those goals/plans. It would appear that your scores are good enough to get in with Discover now, I don't know why you'd want to wait. They're very welcoming to rebuilders, and they do grow with you, unlike other lenders. Maybe come back once you have your goals/plans figured out, along with your FICO scores and then we can give you some better advice. Good luck on whatever you decide.
@Gmood1 wrote:It cost $1 from www.creditchecktotal.com . How long is your credit history. Some banks are more forgiving than others when it come to that.
+1000% Cmon its only $1 