@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 
congrats
@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