08-13-2012 07:44 PM - edited 08-13-2012 07:46 PM
I am pulled my CR's from FCR and one of my negs was that no credit limit over 2K. Currently I have the following
Car Loan (cu) no time no lates 36 month term about 10 months left 9% interest
OB/ Cap1 (secured) CL 1500/B 1000 open 2008 1 30 day in 2010
Cap1 (unsecured) CL 500/ B 300 open 1/2012 CLI from 300 July 2012
Walmart (unsecured) CL 500/ B 0 open July 2012
Oldest reporting account 8.4 AAoA 4.6
The rest of my info is in my sig.....
Please help me have 3-4 inquiry's any suggestions on a card that might take me ..........
08-13-2012 07:58 PM
Which cu do you belong to? And have you tried there?
08-13-2012 08:11 PM
Health One CU here in MI, they offer a MC, charge 5 dollars to apply. No I haven't applied yet, i know they only report to EX and TU. I really want sonething that will report to all 3 CRA
08-13-2012 09:20 PM
Nvm saw it, let your BK fall off. To bad that 1500 cl is cap 1 they're not gonna budge on a cli.
08-13-2012 10:13 PM
Ignore that FCR recommendation, that's junk as far as FICO is concerned.
Pay down the balances (that's your major FICO penalty, 60%+ utilization on two cards) and wait for the BK to fall off and you'll be fine.
08-13-2012 10:45 PM
Any idea as to your current FICO scores?
If you pay down your balances it should boost your scors a bit, then when the repo and BK fall off it seems you'll be in decent shape. I would try to add to your CC portfolio, maybe walmart card may be attainable, even Barclays if you pay balances down?
As Revelate mentioned, ignore the recommendation about 2k card holding you back. Still you want to get (or be set up to get) bigger limits for other reasons.
08-13-2012 11:12 PM
Get your balances and util down. Remember to go for cli every 4 months on gemb accounts such as your Walmart card.
08-14-2012 05:10 AM
08-14-2012 06:17 AM
Thanks, I will have all my cards paid off in the next month. I have been pretty app shy for years I only applied for the Walmart card because I read some much about it here. I just want to be sure I am on the right track.
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