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Valued Member
Posts: 25
Registered: ‎03-17-2010
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Life After Orchard...Second Card?

After a lot of bad behavior in the range of 2000-2003 and the years of 2003-2010 spent paying off debt, my husband and I started cleaning up our credit last year.  I have a paid charge off and a string of late payments from a few years back, but no collections.  My only debt is a $2500 student loan.  Our last late payment was on student loans in February of 2010.  We each opened an Orchard card in March of 2010 and have not had any late payments or problems.  My score has gone up to 690, (EX 711, TU 679 TU 6 and we started shopping around for mortgages a few months ago, putting about 6 inquiries on my credit report, but no new credit since we opened Orchard.  Is it time to find another card, or should I stick with Orchard and wait until my scores are higher?  (The paid charge off was with Capitol One, so I'm assuming they won't be wanting me back...)  Any advice?

hr>Starting Score: 580
Current Score: EQ 696 EX(lender)711 TU 679
Goal Score: 720


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New Contributor
Posts: 56
Registered: ‎04-22-2009
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Re: Life After Orchard...Second Card?

try capitol one

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Senior Contributor
Posts: 4,336
Registered: ‎09-06-2008
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Re: Life After Orchard...Second Card?

are those accurate FICO scores?

Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
Valued Member
Posts: 25
Registered: ‎03-17-2010
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Re: Life After Orchard...Second Card?

They are accurate scores, we had them pulled when we applied for a mortgage a month ago.   (I also have score watch, and the equifax score matches.)

hr>Starting Score: 580
Current Score: EQ 696 EX(lender)711 TU 679
Goal Score: 720


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Valued Member
Posts: 25
Registered: ‎03-17-2010
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Re: Life After Orchard...Second Card?

I was considering an app for an AMEX Zync or Citi Platinum Select, or even a store card like a Kohl's or Amazon but didn't exactly want to waste another inq if I wasn't in the zone yet.  I'm just not sure of where to go from here with just a student loan and rebuilder card reporting.  I am still on the hunt for a house, but we're waiting for the right one to come along before we pull the trigger on our mortgage preapproval.

hr>Starting Score: 580
Current Score: EQ 696 EX(lender)711 TU 679
Goal Score: 720


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Moderator Emeritus
Posts: 4,875
Registered: ‎11-02-2010
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Re: Life After Orchard...Second Card?

 


RIHomebuyer wrote:

I was considering an app for an AMEX Zync or Citi Platinum Select, or even a store card like a Kohl's or Amazon but didn't exactly want to waste another inq if I wasn't in the zone yet.  I'm just not sure of where to go from here with just a student loan and rebuilder card reporting.  I am still on the hunt for a house, but we're waiting for the right one to come along before we pull the trigger on our mortgage preapproval.


I'm kind of curious to know what the zone is for this particular card. Anyone know???

 


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
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Valued Contributor
Posts: 1,129
Registered: ‎01-20-2011
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Re: Life After Orchard...Second Card?

 


RIHomebuyer wrote:

I was considering an app for an AMEX Zync or Citi Platinum Select, or even a store card like a Kohl's or Amazon but didn't exactly want to waste another inq if I wasn't in the zone yet.  I'm just not sure of where to go from here with just a student loan and rebuilder card reporting.  I am still on the hunt for a house, but we're waiting for the right one to come along before we pull the trigger on our mortgage preapproval.


If you think, you will be clicking pre-approval button in less than 3 months, wait till the point you get your home keys. If you are going to take longer than 3 months, check amex & discover pre selector. Don't apply for credit cards unless you get an pre approval.

 

Amex PRG | BoA Cash rewards 35K | BoA Cash rewards 7K | Citi AAdvantage 15 K | Chase Sapphire Preferred 11 K | Chase Freedom 10k | Chase United 5 K | Chase Southwest 5K | Chase Airtran 6.4K | Discover IT 8K | Barclays US Airways 7.8 K | DCU 3 K | US Bank Flex Perks 8K | Toys r US 6 K | JC Penney 4.6 K | Macy's 1200 | Kohl's 600
Ex Fico: 762 (PSECU)
EQ Fico: 764 (DCU)
TX Fico: 773 (Discover)

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