How long have you had the Cap One re-builder card? Is it only six months? Normally the cards that are obtained during that phase with Cap One do not grow well, if at all.
For now leave them open.
I don't know your credit profile. So tough to give advice without knowing how old your credit history is, any baddies still reporting and so on?
For now leave them open.
I don't know your credit profile. So tough to give advice without knowing how old your credit history is, any baddies still reporting and so on?
Okay I gotcha. Well it's going to take more time before the flood gates open.
I know all too well the frustrations of the wait. I went 6 years waiting. Didn't app for any CCs in that time frame.
You need to let father time do his job now. In a year, CLIs and higher SLs will come easier.
I know all too well the frustrations of the wait. I went 6 years waiting. Didn't app for any CCs in that time frame.
You need to let father time do his job now. In a year, CLIs and higher SLs will come easier.
That is a standard statement with the steps program and their CSRs. It’s very much a YMMV issue, however they could decide to reward your high swipes by giving you a higher steps auto CLI. I was promised $250 but given $500.
Is your second card on steps, too? Once it has aged 6 months, PIF to a zero balance and asked for them to combine in. Cap One is always a waiting game.
Yes they will! Especially Amex IME! I expect your Amex to soar using it like that. Right now it feels like a long time waiting for that punishment to end. It will have come and gone before you know it.😉
You'll certainly respect your credit more and have a greater appreciation of it. I know I do! lol
You'll certainly respect your credit more and have a greater appreciation of it. I know I do! lol
Unfortunately, its not hating that s holding you back but your cards history length and bracket that are holding back those big cli. Just use them as builders like youve been doing. Look, youve already got Disco and Amex so you are doing right. I understand frustration , Disco and i had a go around . I just learn its their game and in order to play i gotta play by their rules
Remember once your files become clean, youll have much more control
Remember once your files become clean, youll have much more control
I'd also like to add that closing your oldest card will have a minmal effect on your credit score. The only thing that will actually hurt you if you close it is the loss of that $400 from your total available credit.
1) If that account is closed, it will still age and factor into your average age of account (AAoA) for about 10 years.
2) Your oldest card is only 3 months older than the next oldest card. So you aren't doing much harm to your AAoA even after the account falls off. In 10 years, it would likely be undetectable.
3) You have 4 revolving credit cards now... You don't need any more for maximum FICO scoring. I'd let your oldest cards age to 12 months, at least, before you apply for anything else. You're more likely to get larger starting limits that way than if you recieve 15 toy limit cards now.
Cap1's bucket system can certainly be frustrating if you don't like their rules!
