@Sitori wrote:Actually..if you go read my extremely long thread (lol) you'll see that I just applied for Cap1 MC, got approved and then 3 days later applied for the Discover More and got approved. I also just got approved for the Amazon store card last week....so honestly I think it really depends on your CR and scores. I have no baddies and my scores are in the mid 600's.
BUT
I ONLY HAVE 3 MONTHS HISTORY!! And with crap First Premier. Depending on what CC you want, I'd say go for it....just dont app for Chase like I did and get denied. lol. They want the history
Doesn't it take 6 months to get a credit score? Have you had credit of any kind in the past?
@jsucool76 wrote:
@Dustink wrote:
@jsucool76 wrote:
@Dustink wrote:
@adavis425 wrote:
@jsucool76 wrote:I would just apply for a second card now. Go for a GE store card of some sort (whatever store you happen to shop at a lot).
+1
How quickly can you fill out an app?
No, you need to wait until your card reports for the 6th time.
? Where did you hear that?
If he only has one card, he needs to wait until he has a history established with that card. A minimum of 6 months is required, but generally 1 year is better. He should be able to get another toy limit card at the 6 month point. I would recommend applying for a basic card with your bank at that point.
Also, the INQ from the first card will have less impact at that point.
I started my apps in February 2012 after my first card had reported for the 6th time and I had established a credit score.
You need to wait 6 months in order to establish a FICO score, not in order to app for another card. You can app whenever you want. Store cards are recommended for those starting out their credit journey, as they don't have very strict UW requirements. While waiting 6 months is ideal since by then your chances of getting a card are a lot higher (provided you didn't incur and lates on your original card) it isn't a requirement. I do get where you're coming from though
Edit: Just reread OP, I would wait the extra month till you hit 6 since you're already at 5 months. I sped through the OP originally and thought OP has just gotten his first card. +1 to dustink
And I shouldn't have said "need" more like "should". Sorry about that.
@Sitori wrote:
@Dustink wrote:
@Sitori wrote:Actually..if you go read my extremely long thread (lol) you'll see that I just applied for Cap1 MC, got approved and then 3 days later applied for the Discover More and got approved. I also just got approved for the Amazon store card last week....so honestly I think it really depends on your CR and scores. I have no baddies and my scores are in the mid 600's.
BUT
I ONLY HAVE 3 MONTHS HISTORY!! And with crap First Premier. Depending on what CC you want, I'd say go for it....just dont app for Chase like I did and get denied. lol. They want the history
Doesn't it take 6 months to get a credit score? Have you had credit of any kind in the past?
No..the only thing I had was student loans that I was paying on for a couple of years but have been in deferrment since I'm back in school. The only credit I had was a FP card that I signed up with in July with a $300 limit. When I got my report pulled all my scores where in the mid 600's at the time that I got the FP card. Sooo.. Not sure.... ?? lol
So your length of credit is actually a few years because of the student loans.
I got my credit score in February 2012. Since then I have got the cards in my signature, other than the US Bank college visa which I used to get my credit score.
So simply put, this person should just wait the month until they hit the 6 month point. At that time they can get some okay cards. This month they need to get their card to report a balance between $5-$45.
@Sitori wrote:Oh got it....Well some CC companies argued my "what about my student loan" statements when I was apping... "No those dont count"
I guess not for applying for credit? They only count to give you a score? lol
Student loans aren't a revolving account, they are an installment account. They're different. 
@Sitori wrote:Oh got it....Well some CC companies argued my "what about my student loan" statements when I was apping... "No those dont count"
I guess not for applying for credit? They only count to give you a score? lol
They gave you a score and allowed you to get the cards you got. But yes, they alone will not allow you to get approved for prime accounts.