Hello Fico Forums!
First I would like to thank everyone for being so helpful and I am learning a lot from reading all the posts. I've been busy rebuilding-from 520EQ,560TU Ficos and 525EXP(Fako) in May 09 to 670EQ,700TU Ficos and 665 Exp(Fako) August 09! I started off by getting a secured Wells Fargo Visa($500CL then added $1500=$2000CL) and a Premiere Visa($250CL). Waited a couple of months and kept utilities@ 2%/3%-then opened Savings/Checking Accts. w/NFCU and applied for Flagship Visa-got instant approval for $15k @ 12.9% over the phone-3 days later applied for NavChek and after faxing paystubs and W-2 was approved for another $15k! WOW!
Next will be Alliant CU when my EQ score gets around 690 and I want a store card,probably Macy's. Which leads me to my main question: I was recently shopping in Macy's and of course they asked if I wanted to app for a Macy's card-Told them that I am soon and that I shouldn't have closed the card I had 8yrs. ago
! She then said that I should check into getting my card backdated once I open a new account and another customer said that she had recently done the same with a card that was over 9yrs. old. Has anyone else heard of this happening. And if I get my card backdated, what effect will it have on my Ficos- my AAoA is 3yrs. and Length of Credit History is 5 yrs. 1mnth. Also as far as utilities-I've kept my utilities to 3% max.-but next month my utilities will be around 8%max-how will this affect my Ficos? Once again, THANK YOU! 
First I would like to thank everyone for being so helpful and I am learning a lot from reading all the posts. I've been busy rebuilding-from 520EQ,560TU Ficos and 525EXP(Fako) in May 09 to 670EQ,700TU Ficos and 665 Exp(Fako) August 09! I started off by getting a secured Wells Fargo Visa($500CL then added $1500=$2000CL) and a Premiere Visa($250CL). Waited a couple of months and kept utilities@ 2%/3%-then opened Savings/Checking Accts. w/NFCU and applied for Flagship Visa-got instant approval for $15k @ 12.9% over the phone-3 days later applied for NavChek and after faxing paystubs and W-2 was approved for another $15k! WOW! Next will be Alliant CU when my EQ score gets around 690 and I want a store card,probably Macy's. Which leads me to my main question: I was recently shopping in Macy's and of course they asked if I wanted to app for a Macy's card-Told them that I am soon and that I shouldn't have closed the card I had 8yrs. ago! She then said that I should check into getting my card backdated once I open a new account and another customer said that she had recently done the same with a card that was over 9yrs. old. Has anyone else heard of this happening. And if I get my card backdated, what effect will it have on my Ficos- my AAoA is 3yrs. and Length of Credit History is 5 yrs. 1mnth. Also as far as utilities-I've kept my utilities to 3% max.-but next month my utilities will be around 8%max-how will this affect my Ficos? Once again, THANK YOU!
