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Valued Contributor
popamode72
Posts: 1,561
Registered: ‎09-07-2013
0

Re: Zero to 11 credit cards in 30 days

Congratulations! I think I went from only having two cards to a whole bunch of cards with just one spree so the feeling is mutual.

College sophomore (took a gap year between 2012-2013). Accounting major. Began my credit building in September of 2013. FICOS: EX - 695, TU - 730, EQ - 722 Current cards: Amex Green: NPSL, Chase SW Rapid Rewards Plus: $5k, Amex Gold Delta Skymiles: $4.2k, Citi Forward: $2.3K, Amex EveryDay: $2.1k, Arrival WMC: $2k, Newegg Preferred: $2k, Amazon Store Card: $1.9K, CapOne Quicksilver: $1.5K, Paypal SC: $1.5K, WalMart Store Card: $1.2K, Chase AARP: $1.2K, BoA Cash Rewards WMC: $900, Paypal Credit: $501, Discover It: $500 Total CL: $26.8K
Member
sobeone1
Posts: 7
Registered: ‎04-16-2014
0

Re: Zero to 11 credit cards in 30 days

Thank you Dr. Zoibergh. yes I will drop Credit One buttttttt I already paid for the year so I will wait a few months and write them to ask if they will lower apr & raise c.l and waive next years $95 fee other wise yes I will cancel but from what I have learned on here is u should never cancel a credit card. But it will be on my tearms so u r right. clip clip as The Doctor would say

Moderator
Kenny
Posts: 5,591
Registered: ‎01-15-2009
0

Re: Zero to 11 credit cards in 30 days


sobeone1 wrote:

Thank you Dr. Zoibergh. yes I will drop Credit One buttttttt I already paid for the year so I will wait a few months and write them to ask if they will lower apr & raise c.l and waive next years $95 fee other wise yes I will cancel but from what I have learned on here is u should never cancel a credit card. But it will be on my tearms so u r right. clip clip as The Doctor would say


I doubt they'll do it. They aren't the best with customer service. I hope you understand people are just mentioning it to you because it's really predatory lending at best with Credit One. At least it served you a purpose. I would close it, but if there are no monthly fees then you should keep it open until the month before the annual fee and then close it. 

 

You only need 3 trade lines to have all of the tools you need to get a great score, so that's why it was brought up to ax the Credit1.

 

Congrats on your succcesses :smileyhappy:

Starting Score: EQ04: 748 (1/31/14) - TU08: 755 (1/06/14)
Current Score:EX08:802(10/08) - EQ04:763(8/29) - EQ08:790(10/16) - TU08:808(10/02)
Goal Score: 800+
Senior Contributor
alvon123
Posts: 7,561
Registered: ‎09-24-2013
0

Re: Zero to 11 credit cards in 30 days

congrats


Valued Contributor
-Wade-
Posts: 12,589
Registered: ‎08-13-2013
0

Re: Zero to 11 credit cards in 30 days


sobeone1 wrote:

I just cant believe it. I am almost 50 years old and have never had a credit card until now. I couldnt even get a score a month ago. Here is my story. Had a stident loan in default, tried applying for credit cards like Walmart and alway rejected. Well a month ago the student loan got forgiven and like a week later I checked my credit score it was 680 to 716. So I applied for walmart and my banks credit card (pnc Bank) they both turned me down. My bank said because I have a bankruptcy on my cret. ( years old now.) Walmart I forget what they said. Then 3 days later Walmart sent me a pre approval so I went for it and got it, yea. $1k c.l. Only cost me 2 hard hits. Bummer. Then I got a pre approval from Credit One (not Capital One) The card that is supposed to be a scam. Well there not. I agreed to their rules and understood them. They reported almost imdediatly and only cost me $75 bucks. 300c.l limit. Paid $50 bucks then they raised it to $500. Then i did the Commenty bank trick. What most people dont get is that its Commety Bank that played the trick on us. Got O.S.P, Kingsize & bryanlayne. Only 250 c.l. Also got Fingerhut preapproval for $600 c.l. I paid credit one off $65 and paid walmart off, $35. Then I waited. I wanted to wait till atleast 1 credit card reported that i paid but I got anchious, so within 3 weeks I did my studying on here and knew I shouldnt get anymore hard pulls and should wait atleast a year but I didnt. Approved Discoverit $3000, Lowes $3500, Barclays $1300 Paypal Mastercard $3000. You can now call me Farmer John for a year now. I just cant believe it. I went from no credit to this in really 3 weeks. I am able to take on this responsibility because I am at a very good place in my life and I will never charge more then 10% just to keep these cards reporting. I owe it to all of you and your wisdom on here and Creditcarma to helping me on my journey back. I am doing this all so 1 day I can have good enough credit to buy just a $30k home to flip. Thank you all and I will be carefull. I am responsible person now.


Congrats on your success :smileyhappy:

Old user name newportguy*** Current Score: myFico EQ - 806 (04/04/2014) Discover TU Fico - 813 (09/02/2014) myFico EX - 804 ( 07/08/2014 ) ******* Amex - BCP 10 K * Discover - IT 10.5 K * U.S. Bank Cash + Visa Signature 8.8 K * PenFed - Cash Rewards 5 K * Amex - GDSM 5 K ****** FICO 800 Club Member ******* EQ 806 *** TU 813 *** EX 804 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 830's Scores ******

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