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AMEX - looking for advice for next steps..

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pizzadude
Credit Mentor

Re: AMEX - looking for advice for next steps..

Yes ~ the inquiry will show on your credit reports
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 11 of 13
myjourney
Super Contributor

Re: AMEX - looking for advice for next steps..


@pizzadude wrote:
Yes ~ the inquiry will show on your credit reports

+1 any application for credit will result in a HP which will show on your files (CR)

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 12 of 13
Crashem
Valued Contributor

Re: AMEX - looking for advice for next steps..

You should get a couple other revolving accounts. 2-3 accounts to max FICO. Try to pick cards you can grow with and can get. Walmart sounds good. Not sure on third but stay away from starter cards. Avoid one that pulls experian as you want to avoid inquiries on experian until Amex. After 6 months, go for Amex charge card and revolver. Amex is great for the backdating so good to get member date sooner than later
               LIMITS IN CARD DESCRIPTIONS
Message 13 of 13
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