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
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
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