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@HisFirstLady wrote:
I was approved for my very first credit card with a $5k credit line is this enough or should I get one more card? I'm trying to boost my score in 4 months from 605 to at least 620
CONGRATS!!!
I would garden that card for 6 months then go for prime cards (Discover / AMEX / Chase).
What is the reason behind the need for a 620?
Are you looking to apply for a mortgage or other loan anytime soon?
If so...
Welcome to the MyFICO Community Forums!!
I see that you are looking at the possibility of a mortgage in the future... since that is the case, I highly recommend that you check out the MyFico Mortgage Loan forum.
Below is a short list of helpful mortgage loan related links that may help you prepare for the process:
Guide to Common Abbreviations - Barry
Mortgage Acronyms & Abbreviations (what does PITI mean?) - ShanetheMortgageMan
Good Faith Estimates Explained - ShanetheMortgageMan
The Mortgage Pre-Approval Process - ShanetheMortgageMan
Evaluating Conventional vs. FHA (VA & USDA)- ShanetheMortgageMan
Definately feel free to post any questions you have about DTI and Pre-Approval Odds over there!