06-03-2011 11:38 PM
I was planning to apply for PSECU but that went out of the window with recent changes. I'm trying to add more positive tradelines to my file, but I'm not sure what to apply for next. Do you think I can qualify for a prime card like Citi Forward or DIscover More? If not, which card should I go for? I'd like to add something with high limit.
EQ true fico: 742.
EX faco: 734
TU true fico: 695
None on EQ or EX. One four-year-old stuck paid collection on TU.
1) Orchard HSBC $400 limit. Three years of perfect payment history.
2) Capital One $500 limit. 3 months perfect payment history.
Any advise would be appreciated.
06-03-2011 11:57 PM
Last month I was approved for an amex zync with a 1.5 year old collection. I have 2 ccs: citi dividend visa (2.7 yrs/3500 CL) and an express fashion cc (8 mos/250 CL) with perfect payment. So even though zync was a charge card, if you don't have lots of recent inquiries, I do think you have a very good shot at a Citi card.
06-04-2011 03:01 AM
You might want to look at Alliant CU. I don't have any personal experience w/them, but many people on the forums have spoken highly of them and they're relatively lenient. It's similar to PSECU in that you just join the organization on their website in order to qualify as a member (I can't recall the name, but the link is on Alliant's website.) Alliant pulls EQ.
I am seriously consdiering them once my CCs have aged enough. You might also look into a local CU, as CUs have better rates and will generally work with you when you're rebuilding.
06-04-2011 04:19 AM
One of requirement Citi credit analyst told me during recon for citi forward is to have at least 2 TLs with at least 1 year of history.
I don't know if 3 years of history on only 1 TL would be considered ok for them but you could try. They pull EX in my area, NY.
06-04-2011 07:35 AM
It you have an actual FICO score of 742 you should be able to qualify for almost any card (or at least get your foot in the door.) The TU score will impact of course but only if the lender pulls it.
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.