Reply
Established Member
nwilson
Posts: 96
Registered: ‎07-01-2012
0

Almost in the 700 club

What credit card would be best for someone like me, that is fresh out of the rebuilding stage so I have a pretty thin file.
Right now I am an AU on hubbys cap one card
I have a low limit cap one and a secured card.

When is it time to take the training wheels off?
4/26/12 - TU 600, EQ 595, EX 553
7/2/12 - TU 612, EQ 594, EX 584 Lender pull
7/7/12 - TU 664, EQ 627, EX???
GOAL - 720 minimum across the board

Mantra - Having bad credit is a sure way to become financially invisible.
Valued Contributor
tcbofade
Posts: 2,512
Registered: ‎09-26-2011
0

Re: Almost in the 700 club

You have a decent TU score...if you don't have any baddies on that report, you might consider a Walmart card via GE.

 

Keep your utilization low, and that card will grow with you.  (and give you a free monthly update of your TU score!)


Current Scores: EX 694 (FCR) TU08: 650 Wally. 12/10/14
Last app 05/29/2014.
Being held hostage in the garden until 06 January 2015!
Zero percent financing is where the devil lives...
Established Contributor
Cdnewmanpac
Posts: 766
Registered: ‎01-16-2012
0

Re: Almost in the 700 club

In the rebuilding forum it looked like you were planning to buy a home soon. If that is the case, DO NOT apply for any cards until you have closed and have the keys in your hand. Even then 660s are gonna be marginal for the better cards. If you can tough it out for 6 months of mortgage reporting, my guess is you will have more choices and much better limits when approved.
In wallet: Ink Plus 10k, AMEX TE 25k. In bag: CSP 16k, USAA WMC 15k, Hyatt 13k, United MPE 12k, AMEX HHonors 3k. In SD: Cap 1 QS 5k, Discover IT 7k. FICO 08 says my EQ is now 844, was 510 in 2010.
Frequent Contributor
BigDaddy18
Posts: 673
Registered: ‎04-23-2009
0

Re: Almost in the 700 club

I think your on your way that's for sure.  I agree with the wal-mart card and I raise you a Credit Union rewards card.  Credit Unions are great at give out cards and in turn if your responsible then it's a great way of rebuilding your credit.  If you aren't a member of a CU then it's always another good reason to join one to build your credit up. 


Starting Score: EQ FICO 777
Current Score: EQ FICO 803
Goal Score: EQ FICO 810


Take the FICO Fitness Challenge

Established Member
nwilson
Posts: 96
Registered: ‎07-01-2012
0

Re: Almost in the 700 club

Thanks for the info.
Yes I am in the process of getting a mortgage, so for now I know not to apply for credit. I have at least a few more months before I would even consider a new card.
I just want to know what are some of the better cards to go after, when its time to take my nice, new, shiny credit out for a spin.
4/26/12 - TU 600, EQ 595, EX 553
7/2/12 - TU 612, EQ 594, EX 584 Lender pull
7/7/12 - TU 664, EQ 627, EX???
GOAL - 720 minimum across the board

Mantra - Having bad credit is a sure way to become financially invisible.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}