09-27-2008 08:25 PM
09-27-2008 08:27 PM
09-27-2008 09:43 PM
Miner wrote:Do you have any collections or lates >60days or any recent negatives? You are looking at some of the tougher CCs to qualify for and you Ex score looks a little weak if they pull it.
09-27-2008 11:06 PM - edited 09-27-2008 11:09 PM
09-27-2008 11:24 PM
09-28-2008 06:10 AM
09-28-2008 06:40 AM
Miner wrote:If your scores are that low with only one old late, then those collections must be recent or you are carrying a high amount of CC debt.Midland is the recent that's killing me which I hope to be over in the next couple of months. I do have high amount on CC (new furniture last month) it will be paid off in the next couple of weeks.But if the collections go and your scores get up near or past 700, you should be fine. The likelyhood of them accepting you depends on your person credit history even if your scores are higher. What exactly do you mean "person" credit history?As to which ones you should get, depends on what you are looking for in a credit card. Rewards? Low APR? Chase, CIti and Discover are all good cards. OP, just looking for cash rewards as I'm not a typical CC user and want something back for using the card.Personally, of the cards you are looking at, I'm only looking at the Chase Freedom and the Discover Card so those are the only ones that I've looked into. I always PIF so I'm only interested in Reward Cards and don't mind a higher APR. I want the Chase Freedom because I want a good rewards Visa from a top tier Bank. Ditto but since I have a Visa would like a MC. I currently have no Visa cards and Citi only has MCs that interest me, so Chase is in and Citi is out. I already have 2 high CL Reward MCs and I don't want another MC. Discover was my favorite credit card for 13years until they closed it for non payment 5 years ago when I was out of work so I'd like to get one again.From reading the results of others here who have applied for those 2 cards, scores > 680 is the minimum with over 700 having a much higher chance to obtaining these cards. Serious negaitves (lates that are 90days or greater), BKs, recent collections, too many inquiries, etc. will likely kill your chances. All your remaining negatives should be aged.
Message Edited by Miner on 09-27-2008 11:09 PM
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO