02-06-2009 03:32 PM - last edited on 02-06-2009 07:54 PM by fused
My experian fico was a 500..(2 chargeoffs and 3 collections)..the only card I got approved for was a frist premier and a crown jewlers...after 2 months (I know only 2 months sheesh) of on time payments my fico jumped from 500 to 590....
I want to get a new credit card preferably with no annual fee like the first premier card...I do not want to get rid of the FP card yet because it is in good standing I want to wait....maybe just transfer the balance to another card
Any cards that are easy to get with a 590? Should I wait a little longer?
Thanks for everyones help
02-06-2009 07:55 PM
02-06-2009 08:24 PM
02-06-2009 08:26 PM
02-06-2009 08:51 PM
First let me say congrats on your recent increase.
With your comment of "I know only 2 months sheesh", I think you will not take offense to me saying, it has only been two months.
Unfortunately, especially in today's economic times, with this score, it is almost next to impossible to receive a CC let alone a 0 annual fee cc. I commend you for your enthusiasm, however Patience is a virtue.
I think what you should do is work on what is bringing down your credit score. Do some PFD if you can or some GW letters. Post some of your baddies so maybe we can help you with some things on your report.
If you have done these things already, then I think you should sit tight, keep util% very low and continue to pay on time.
Soon you will have scores to apply for some cards.
Hope this helps and keep us updated
02-07-2009 01:49 AM
02-07-2009 09:21 AM
02-07-2009 09:29 AM
general consensus here is keep what I've got and just let it build
ugh FP sucks lol
thanks everyone for the coments I appreciate it
02-07-2009 11:59 AM
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.
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.