In 2005-06 I messed up my credit real bad. I had cards from chase, Amex, citi and all other prime lenders that I burned due to some stupid financial mistakes. In 2008, I tried to start rebuilding my credit by applying for citi secured card but denied due to 15 Charge offs and 8 collections. In early 2009 I opened couple of checking acounts and a saving account with BOA. After couple of months I applied for their secured card and got approved. I started with $600. During the year of 2009, I paid all the collections and was able to remove couple of charge off accounts from my crdit file as well as one collection account. Also by early 2010 I paid off my auto loan. I kept on using BOA secured card and paying it off full every month. In November 2010 my BOA card converted to unsecured card and they increased my credit limit from $600 to $1000.
At that time my EQ fico was $610. In December 2010, I was approved for two capital one card and best buy rewards master card with $500 Limits. From December 2010 until November 2012, I didn't apply for any credit cards since my file was still showing charge offs and paid collections. In December 2012 I checked my fico score and they were all above 640 and transunion was 666.
I took a chance and applied for Dicover More and to my surprise I was approved for $2000. Same night I applied for Barclays rewards card and got approved for $1500 as well; even though my credit file still showing charge offs and 4 paid collections.
Early this morning I applied for BOA privileges card and I got denied. I called the back door number and spoke with a very nice lady. She went thru my credit file and I answered all her questions regarding the charge offs and collections. She put me on hold and after two minutes she approved for $3000 limit!!! She said after 3 months I can call back and they will convert this card to Visa Signature and will bump my CL to 5k or more. All i need to do is to call them after 3rd statement.
All of a sudden I thought about my existing credit card with BOA that I had since 2009 and I was stuck with $1000 limit on it for the last couple of years. I called the back door again and spoke to another nice credit analyst. I explained to her that I just got approved for a card with $3000 limit and can I get the $3000 limit on my exisiting card as well. She put me on hold and then Approved my request. So, now I have two cards with $3000 limits.
My fico scores are still hovering around between 646 to 670. Credit file still shows baddies and paid collections, but they will fall off this year from March thru June.
Just wanna share my little success story
Starting Score: 560
