rom, you said: "Everytime I think I'm getting closer to getting this all figured out, I get all confused again.
I said that to myself every day for 3 solid months, before I finally accepted the fact that for all the knowledge I've gained here, how little I really know.
After cleaning up my credit reports to an acceptable level(PFD 3 med collections, one charge off, and paying what cards I had down to a very respectable 15%-20% utils), I really just sat back, and did nothing for a while....letting the cr's cool off a little.
It was a matter of timing and luck That I received 2 pre-approvals, and was able to get a partial secured BoA card(the 99/500 one). One pre-approval was from WaMu(I had at the time an old Providian conversion WaMu, that I'd had for 7 years), and a Juniper Visa pre-app. I sat on both for 2 solid weeks while I was digging up every bit of info I could find on them. I was approved for all 3. The inquiries? I took the position that how would I ever know if I didn't apply? I took the risk...the gamble...and for me it was a big one. Someday I might post an excerpt from a speech from Nelson Mandella about RISK. It touched my soul, and I live by it.
My scores are not that stellar: TU-662; EXP-645; EQ-664. I have no collections, charge-offs, repos, BK's F.C.'s. I do have some very old items in PR that I wish would go away. I have a bunch of lates, all over 2 and 3 years old, except for 1. I guess that helps. But all are 30 day lates...no 60, 90, 120 etc.
Many here DO have very high scores, and the cream de la cream of cc's, with very high cl's. It it to their testament that they managed their credit much better than you or I have.
Learning to be patient in this credit insanity was the hardest thing for me to grasp. It's like what is said in the Credit Education section: getting higher scores is like loosing weight. It takes time to do it the right way, and cannot be rushed.
Good grief, I started rambling again. I'm so sorry.
Worry about the things you can control. Try not to worry about things that are not in your control.
Message Edited by Sylviatob on 03-26-2008 10:29 PM
I said that to myself every day for 3 solid months, before I finally accepted the fact that for all the knowledge I've gained here, how little I really know.
After cleaning up my credit reports to an acceptable level(PFD 3 med collections, one charge off, and paying what cards I had down to a very respectable 15%-20% utils), I really just sat back, and did nothing for a while....letting the cr's cool off a little.
It was a matter of timing and luck That I received 2 pre-approvals, and was able to get a partial secured BoA card(the 99/500 one). One pre-approval was from WaMu(I had at the time an old Providian conversion WaMu, that I'd had for 7 years), and a Juniper Visa pre-app. I sat on both for 2 solid weeks while I was digging up every bit of info I could find on them. I was approved for all 3. The inquiries? I took the position that how would I ever know if I didn't apply? I took the risk...the gamble...and for me it was a big one. Someday I might post an excerpt from a speech from Nelson Mandella about RISK. It touched my soul, and I live by it.
My scores are not that stellar: TU-662; EXP-645; EQ-664. I have no collections, charge-offs, repos, BK's F.C.'s. I do have some very old items in PR that I wish would go away. I have a bunch of lates, all over 2 and 3 years old, except for 1. I guess that helps. But all are 30 day lates...no 60, 90, 120 etc.
Many here DO have very high scores, and the cream de la cream of cc's, with very high cl's. It it to their testament that they managed their credit much better than you or I have.
Learning to be patient in this credit insanity was the hardest thing for me to grasp. It's like what is said in the Credit Education section: getting higher scores is like loosing weight. It takes time to do it the right way, and cannot be rushed.
Good grief, I started rambling again. I'm so sorry.
Worry about the things you can control. Try not to worry about things that are not in your control.
Message Edited by Sylviatob on 03-26-2008 10:29 PM
Ohhhhh I like to talk to be sure! LOLOL.
rom, it seems like you are doing everything in your power to improve your credit health. You are to be commended for this. You need to sit back, not get in a hurry to do things that will get your credit out of whack.
What Timothy said has been burned into my brain: credit repair first, then comes credit rebuilding(or something like that). Words of wisdom to live by.
You are like I was....in the twilight zone, in some kind of limbo. Now would be the time to continue educating yourself on the area of consumer credit, while you are waiting for improvement in your cr's and scores.
Have you poured over EVERY item in the menu bar, concentrating on "Credit Education" and "Support". They are chocked full of great information. Every thing you learn about consumer credit will help you. Read EVERY article in the "Credit In The News" section of the forum.
Education is enlightenment. Enlightenment is empowerment. Empowerment is strength, and you ARE as many of us are as well, becoming stronger persons, through the wonderful vehicle of this forum.
rom, it seems like you are doing everything in your power to improve your credit health. You are to be commended for this. You need to sit back, not get in a hurry to do things that will get your credit out of whack.
What Timothy said has been burned into my brain: credit repair first, then comes credit rebuilding(or something like that). Words of wisdom to live by.
You are like I was....in the twilight zone, in some kind of limbo. Now would be the time to continue educating yourself on the area of consumer credit, while you are waiting for improvement in your cr's and scores.
Have you poured over EVERY item in the menu bar, concentrating on "Credit Education" and "Support". They are chocked full of great information. Every thing you learn about consumer credit will help you. Read EVERY article in the "Credit In The News" section of the forum.
Education is enlightenment. Enlightenment is empowerment. Empowerment is strength, and you ARE as many of us are as well, becoming stronger persons, through the wonderful vehicle of this forum.
Thank you for your kind words rom.
I am just trying to give back what this forum has given to me. Glad to have helped a little bit.
I am just trying to give back what this forum has given to me. Glad to have helped a little bit.
Rom-
I applied for a Chase card this past August to pay for my wedding costs (2nd wedding, but who's counting ) Anyway, I put a large balance transfer on the app, $25k, from my AMEX gold. Anyway, they did not approve me right away, and I got a similar message (further review). Well, after about a week, I got approved for a $25k card. But here is the kicker - of the $25k transfer requested, they only accepted $24.5k. I guess that extra $500 was too large. Oh, and my credit should not have been much different as that was my only charge in a long while.
) Anyway, I put a large balance transfer on the app, $25k, from my AMEX gold. Anyway, they did not approve me right away, and I got a similar message (further review). Well, after about a week, I got approved for a $25k card. But here is the kicker - of the $25k transfer requested, they only accepted $24.5k. I guess that extra $500 was too large. Oh, and my credit should not have been much different as that was my only charge in a long while. So just hang in there and see what they come back with!