Credit Cards

[mogo]

I just got my first prime card (black amex rewards) - limit is 1k , but who cares.  

I cannot thank all of you enough for teaching me about fico credit.  I have gone from low 500's to high 690's in less than 8 months.

[Solarjuju]

Congrats!!!

[FretlessMayhem]

Congrats! That card will definitely grow with you.

[tonsers]

Way to go!

[kobe81]

I like BOA a lot. I have two CC's with them, along with a Personal Checking and Savings account.

[creditreformer]

Congrats mogo. Looking back, what made your scores rise the most in such short time? Is there anything you wish you knew then?

[Cinderella5596]

nice!!!  how did you start off rebuilding??  im just starting out re-b.  i thought i should stay away from CCs, etc but this board has taught me so much!!  i just got the99/500...im on my way!!  congrats again

[contractor]

You rock ! Good work.

[mogo]

Sorry it has taken awhile to respond - computer down.  My scores have risen mainly from time, not applying for credit, and not carrying a balance ( I pay in full before the statement cuts).  As for what I wish I knew before hand is the dramatic affect of lates.  My family had some health issues that distracted me personally as well as monetarily.  I would have some lates because of medical bills, but would not have had the number of lates if I had managed it differently.  I should have worked out more payment plans with medical providers vs. paying in full and letting something slip.  I should have also contacted my creditors and explained the situation and asked for help from them as well as family.  I just hate have payments hanging over my head other than a car and mortgage.

[beenthere]

I'm glad for you. BoA won't touch me. Sad but I can't blame them.