I just want to thank everyone on this forum, I have gained so much knowledge from reading everyone's experiences and advice. I'm hoping that all the info I post here can in turn help others. Background - Born in the US, moved to UK at age 11, moved back to US last Sept. so starting with no history at all at age 32. employed full time $40-45K annual wage
Oct 12 - issued PNC secured card - $250
Oct 12- approved for Capital One Platinum card with a $300 CL
use Cap One card for various things, PIF each month, paying all bills on time, etc
Mar 13 -auto 6x CLI on Cap One card! new CL =$1800
Mar 13- app'd and approved for AMEX BCE - $2KCL
Mar 13 - app'd and denied Citi Diamond Preferred
Mar 13 - app'd and approved for Discover IT - $2K CL
Continue paying all bills on time, using cards and PIF each month. never reporting more than a 4% utilization.
May 13 app'd and approved for mortgage with local credit union FICO Scores confirmed EQ - 701 TU- 710 Exp-708
Continue using cards and paying most off cards each month, never reporting more than 8% utilization across all
Sept 13 - laptop is dying app'd and approved for $500 Buy It Later acct. not yet purchased anything on that yet though
Sept 13 - Balances reporting - Discover 168/2000 Amex BCE 128/2000 Cap One 148/1800
Oct 13 - read about 3x CLI on Amex. Try and approved for $6K limit
Oct 13 - CLI button visable on Cap One wesbite. Approved for $500 increase
Oct 13 -decide to apply for Chase Freedom to B/T.realised it's been 12 months since I got the Cap One, interest kicks in. approved for $3.5K
Oct 13 - read about 50,000 avios point sign-up bonus for BA Visa siggy.Figured I'd go for it as we could really do with those points for flights to UK - approved with $7K limit
Current FAKO Scores: Exp 709 EQ: unsure TU:711 pretty sure these will change after next month's reporting. not sure how much of a hit they will take with all the hps but at least all approvals
I am definitely gardening for the forseeable future!! May be looking to lease a car in a few months time, but nothing else til then. TBH, I can't see why I would need another cc for at least a couple of years if not longer. Again, I could have never done this without the help of this forum. I thought it would take me years to get where I am with my credit here now, instead it has only taken months. I have much more senior work colleagues (on a lot higher wage than me) who have moved over from the UK and have been unable to obtain the CL and cc that I have (not sure why!).
Any questions, let me know. Happy to give back after being helped so much
PNC Secured Visa 10/12 $250, Cap 1 Plat MC 10/12 $2.3K, Discover IT 4/13 $2K, AMEX BCE 5/13 $6K, Chase Freedom 10/13 $3K Chase BA Visa SIgnature $7K
I am glad all has worked out for you thus far. I hope you the best of luck when you try to get the car! I too have gained a lot from this forum and from Credit Karma. Getting the score to watch what happens has certainly been good to know the progress. There is a lot of good information here from many perspectives.
See you in the garden to continue your journey