09-23-2008 07:26 AM
Also, pls correct me if I'm wrong, Am I suppose to use no more than 20-30% of CL? Or is it much less? I got this card to build up my credit as it seems to be stuck at low 700's due to no revolving accounts.
09-23-2008 11:31 AM
09-23-2008 11:57 AM
09-23-2008 12:06 PM
09-23-2008 12:26 PM
09-23-2008 12:36 PM
09-23-2008 02:16 PM
MsCurious wrote:So.. I finally had the guts to apply for my first cc through BOA.. I was approved yesterday, after applying last week and getting the message "We need more time.."! I'm sooooo excited.. and a lil nervous, btw.I thought they would flat out deny me because of the FA alert on my reports. After verifying some info, I was approved for the Platinum Plus with a $2,000 CL. Not bad I guess, considering I put my personal income instead of HHI. FYI, the # I was given to reach the the Acquisitions dept. directly was 800-297-4236.Now here's where the pressure begins.. when I get the card do I:
- Make small purchases and PIF before statement date, which I would have no way of knowing if I just got the card or let a balance report of no more than $100 and then PIF so it shows that I'm using the card and know how to manage credit.
Also, pls correct me if I'm wrong, Am I suppose to use no more than 20-30% of CL? Or is it much less? I got this card to build up my credit as it seems to be stuck at low 700's due to no revolving accounts.Thank you so much for your help.
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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.