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New Visitor
Posts: 3
Registered: ‎12-19-2013
0

Advice

Hello all,

I'm in the process of rebuilding my credit. My credit score from Capital 1 Credit Inform is 682. I have 3 charge offs. One for 2000 with Chase, 36 Midland Collections Solution for a library book and 144 with Unique Collections for a library book ( I've paid it, just waiting for it to be removed from my report). These are the credit cards that I have:
Discover (AU)-2000 since 2011
Capital 1- 200(secured since 08/13)
Capital 1-300(unsecured since 08/13)
NFCU- 1000(unsecured approved this week).

I would like to know if i should apply for one more NFCU card or if I should go to the garden. Thanks .
Valued Contributor
Posts: 1,794
Registered: ‎07-01-2010
0

Re: Advice

NFCU could be a real lifeline for you.

 

But I'd probably wait to apply until your report is stable, and all cleanup actions are reflected.

 

Established Contributor
Posts: 600
Registered: ‎04-03-2013
0

Re: Advice

Personally i would hit the Garden and let them grow and age some before i would apply for anything else. The longer you let them accounts age and your baddies age as well the better approval odds you will have and the better terms with the card as well as a better starting credit limit. Good Luck and congrats on a good start in rebuilding your credit profile.. Looks like you are off to a great start.




New Visitor
Posts: 3
Registered: ‎12-19-2013
0

Re: Advice

Thank you. I'll be heading to the garden.
Frequent Contributor
Posts: 364
Registered: ‎10-25-2012
0

Re: Advice

Is your Cap1 card in the credit steps program ? If so you should be getting an increase around Feb.

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New Visitor
Posts: 3
Registered: ‎12-19-2013
0

Re: Advice

Yes the secured CapOne is in the credit step program. I'll wait to see what the increase is in Feb.
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