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 03:57 AM
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
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.