Looking to APP SPREE.... thoughts

[Rhin0247]

Many moons ago a destroyed my credit. I decided to wait 7 years for the majority of info to fall of my credit and use cash. But something happened last year, I proposed to my girlfriend. Now i am getting my S@$! together and am asking the community for more help, as I would like to purchase a house and get some roots going in the next 3 years. I started to rebuild last year with a car loan (needed co-signer) and sub-prime credit cards, withe these scores: 

TU:530, EX:519, EQ:514

Now it has been a just over a year and my score are:

TU:664, EX:665, EQ:652

(hope to hit 670 by app spree next month)

My current Cards are:  (used/credit line)

                                    Kay - $980 / $3535

                          Firestone - $100 / $1200

            Barclay Rewards - $380 / $1330

                          1'st Prem - $0 / $300

                       Credit One - $140 / $500

                                Cap 1 - $60 / $300

that is right under 24% utilization. I would like to add a few more lines to my credit file and hope you guys/gals can give some insight. The cards I am looking to app are:

1) Care Credit (puppy bills)

2) Barclay US air (or should I go for arrival)

3) Chase Freedom / Slate

4) Cap 1 QS

Oldest Account: 1yr

AAoA: 8 months

I still have 1 collections from 2011 on EQ and EX

I still have 1 negative public record on TU and EX

100% on time payments on all accounts

INQ's;  EQ: 2, TU: now 6 with barclay cli, EX: 5

Any and all insight / thoughts / criticism is appreciated. Thank you in advance. 

[Anonymous]

---

@Rhin0247 wrote:

Many moons ago a destroyed my credit. I decided to wait 7 years for the majority of info to fall of my credit and use cash. But something happened last year, I proposed to my girlfriend. Now i am getting my S@$! together and am asking the community for more help, as I would like to purchase a house and get some roots going in the next 3 years. I started to rebuild last year with a car loan (needed co-signer) and sub-prime credit cards, withe these scores: 

TU:530, EX:519, EQ:514

Now it has been a just over a year and my score are:

TU:664, EX:665, EQ:652

(hope to hit 670 by app spree next month)

My current Cards are:  (used/credit line)

                                    Kay - $980 / $3535

                          Firestone - $100 / $1200

            Barclay Rewards - $380 / $1330

                          1'st Prem - $0 / $300

                       Credit One - $140 / $500

                                Cap 1 - $60 / $300

that is right under 24% utilization. I would like to add a few more lines to my credit file and hope you guys/gals can give some insight. The cards I am looking to app are:

1) Care Credit (puppy bills)

2) Barclay US air (or should I go for arrival)

3) Chase Freedom / Slate

4) Cap 1 QS

Oldest Account: 1yr

AAoA: 8 months

I still have 1 collections from 2011 on EQ and EX

I still have 1 negative public record on TU and EX

100% on time payments on all accounts

INQ's;  EQ: 2, TU: now 6 with barclay cli, EX: 5

Any and all insight / thoughts / criticism is appreciated. Thank you in advance. 

---

Congrats on rebuilding your credit and getting engaged!

You may be able to get the QS1 card, but I think Chase may be pushing it a bit. 

I read they don't like scores below 670ish with any baddies. 

Barclay is new account and inq sensitive. Hope this helps. 

[TRC_WA]

Be prepared for "too many accounts with balances" denials.

$0 balance on your CC and a $1 balance on your CC are two totally different things. It will affect your score.

[Rhin0247]

@TRC_WA wrote:
Be prepared for "too many accounts with balances" denials.

$0 balance on your CC and a $1 balance on your CC are two totally different things. It will affect your score.

---

should I pay off 2-3 of my cards so i have 3-4 cards reporting a zero balance?

[TRC_WA]

Optimum is 1 card reporting a less than 10% balance with everything else reporting $0.

Me personally I have 9 cards... 7 reporting $0 and I'm carrying a 0% promotional balance on the other 2.

I tested this over the last 6 months paying off 1 card per month and letting it report... Each $0 balance card was worth a 2-4 point FICO gain. Some had been reporting $10 balances and I got the increase when it went to $0.

$10 balance seems trivial but in the eyes of FICO it isn't near as pretty as $0.

[Creditaddict]

YES, pay as many of them to $0 as you can... you will see a better score bump for less cards reporting $0 than having all accounts reporting under 20%