10-06-2011 04:27 PM
So, last night I applied for the Amex Zync (exactly 30 days from a denial) - got the processing - someone will contact you blah blah blah. Most likely they are going to reject me again . So I decided to apply for the USAA Amex Cash Back - got approved for $4K! A bit disappointed about the CL but still happy I can say I have an AMEX in my wallet - but sure do want to be part of the "family". Guess I'll wait until next year (Dec) when I have 2 old baddies fall off.
I should be happy right?! Someone please say YES.
10-06-2011 04:54 PM
Thanks Boonie! Needed the pep talk
10-06-2011 05:25 PM
You should be happy!
I'm waiting to apply with them until utilization is under tighter control. Just way too high now at a little over 50%.
10-06-2011 06:03 PM
Thanks drkaje. After reading other people's experience with USAA credit cards, I do feel lucky.
I have spent the past 4 years rebuilding my credit after a BK in 2002. Even after my BK though, I was so depressed over my financial stumble since I had such great credit before that - then went thru a divorce and just didn't do a great job of staying current on bills - it took me years to get out of my funk and get over myself and start taking this credit thing serious again.
Anyway - so 4 years ago I applied for a secured BOA($300 CL w/ $29 AF) then a few months after a Cap One Plat ($500 bumped up to $750 after 6 months, $29AF) then a year later pulled the trigger and applied for a NavyFed rewards card declined but was offered secured so I funded it with $500 to start later I put more money to bring the CL to $1200 - when they graduated my card they gave me a credit limit of $1500 then a few months later $1750 - last month I asked for CLI and got $14K so it is a good feeling to see that I am beginning to be credit worthy again.
Lesson was a long hard one to learn but now I won't even consider buying something unless I have the money. I want to use my credit cards to get points or cash back.
Thanks all. It has been because of Myfico forum that I've been able to get back on track. My hope is in two years, I'll be talking about a mortgage I was approved for - waiting on that not because of score(partly) but I want to save at least 20% to put down.
10-06-2011 08:04 PM
They pulled EQ and currently my score is 676. Hope that helps. I expect to get a big jump next year when some of my baddies fall off. Goal is to be in the 720's by end of next year. Hoping to get there by then.
10-06-2011 09:23 PM
Congrats! I was just approved for Amex Zync, but the only open credit card I have is the Cap 1 $500 CL (I should see increase to $750 after 6 months in Feb. Blah). I can only dream of getting a 4K limit right off the bat!
10-06-2011 09:34 PM
Are you a full member or just a partial out of curiousity?
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.