Honestly, I would let these accounts age for one year. Again, your history is insufficient and that will be a red flag to prime lenders, in my opinion. I don't see an approval for a 10K credit line with your history.
Unfortunately, there are no guarantees. The only way to find out is to apply.
Keep PIF and you'll get there just as the rest of us have.
Seriously, cool your jets! Somethings just take time.
You'll get much better deals if you wait and let all your new cards catch up and raise your scores.
Hang in there, it will get fun again.
You'll get much better deals if you wait and let all your new cards catch up and raise your scores.
Hang in there, it will get fun again.
Impatience and credit are a bad mix. Credit, by its very nature is "time tested" borrowing. You must establish a history of paying and responsibly using what you have. If you want a $10,000 card, then you will need to deposit $10,000 into a savings account with a CCC who issues secured cards up to that limit. This would include Bank of America, Amalgamated Bank of Chicago and Navy Federal Credit Union (if you can qualify membership) as three I can think of off the top of my head.
But nobody, especially in this credit climate, is going to issue a $10,000 unsecured card to such a short history, number of new accounts and inquires and FICO.
Credit issuers ended up in the boat they are in by not following those guidelines for a period, and now we all are paying the price.
Have patience, use the credit wisely, pay on time, PIF, and you will eventually have the credit you need. But I can tell you this, it is better to have $10,000 in savings than $10,000 in credit. While you wait for your credit to age....work on your savings. Having cash reserves and emergency funds are a HUGE part of credit. This provides stability if unexpected expenses, job loss, medical crisis or other life event occurs.
