08-05-2011 12:19 PM
I need some advice. Here's where I stand
7/21 Lender Pull
EX 624 TU 592 EQ 551
EX ??? TU 614 EQ 562
Applied for and got turned down for BoA's Secured Card. I have CO's with both HSBC and CapOne, so I don't think they're options at this point. I have no open revolving credit and I need to get the ball rolling again. Where do I need to go to get started again?
If you need more info, just ask. I'm an open book.
08-05-2011 12:35 PM
Cap1 might accept you. If this were last year, I would recommend public savings bank as previous terms are great for rebuilders. And they don't hard pull your credit report. Right now they charge for almost everything, paper statement,AF,interest start from when you purchase, etc..
08-05-2011 12:40 PM - edited 08-05-2011 12:41 PM
My DH has current CO's with HSBC and Barclays with scores similiar to yours. But he was just approved for a Cap1 rewards cards (they supplied his 545 EQ score with the account disclosures), small $500 limit, but it was unsecured. You might be able to at least get there secured card. Otherwise I'd suggest whoever you bank with. Cap1 might be more willing to work with you if you could pay off the CO (maybe then you could get an unsecured card???)
08-05-2011 12:49 PM
It may fall off your CR in Nov but Cap1 will still have that record. You could wait it out and apply for a secured card somewhere else and might have better luck with it off your CR. Try the prequal on Cap1's website and see if anything comes up for you, might get lucky.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.