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Moderator Emeritus
Posts: 7,225
Registered: ‎09-16-2011
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Re: Should I come out of the garden for Walmart?


TwentyTwelve wrote:

I have often heard on these forums that having 3 cards is the best way to go. My utilization right now is 0 and I'm not planning on applying for any credit or other cards for a long time. I eventually want a couple of really prime cards, but I know that's at least 4 more years down the road because of the BK. I would possibly take advantage of the perks during the holidays, but it's not a sure thing.

 

 


I think 2 store cards from GE at this point would help you rather than hurt.  Especially if you 're not planning on applying for any new cards or major purchases.  You also might be able to refinance the car to a better rate through a credit union.

 

I would recommend Wal Mart and/or Amazon.

 

On the car, if you're paying more than 8%,  you should look at refi options to help you out long term.   Join a credit union if you haven't already...


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
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Member
Posts: 12
Registered: ‎06-27-2012
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Re: Should I come out of the garden for Walmart?

Ok, I think I'm going to wait until the end of December to app. The preapproval is good until Dec 30 and my 6th Barclays statement will cut a couple weeks before that and I should get a CLI. We shall see. 

Valued Contributor
Posts: 2,802
Registered: ‎10-10-2012
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Re: Should I come out of the garden for Walmart?

Sounds like a good plan. Keep us posted next month!

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 832 EX 783 TU 816
App free since 9/15/15
Valued Contributor
Posts: 2,055
Registered: ‎11-17-2012
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Re: Should I come out of the garden for Walmart?


TwentyTwelve wrote:

Ok, I think I'm going to wait until the end of December to app. The preapproval is good until Dec 30 and my 6th Barclays statement will cut a couple weeks before that and I should get a CLI. We shall see. 


That sounds like a win, win, win to me! You won't have to worry about Barclay's closing your account due to them being inq sensitive. Then you'll be able to add a new card and continuing building your credit

 


Quicksilver WMC $20k | JCPenney Platinum $10k | Drive for Five $800 | Freedom VS $5k | TD Cash VS $5k | Sapphire VS $14.8k | Blue Sky $13.7k | IT $28k | SavingStar $14.8k | BCE $11.3k | Macy's AMEX $7.2k | BuyPower WEMC $7.5k | CSR VI $13.3k | FICOS: EX 793 EQ 746 TU 769 VantageScore 3.0: EX 756 EQ 756 TU 758
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Moderator Emeritus
Posts: 7,225
Registered: ‎09-16-2011
0

Re: Should I come out of the garden for Walmart?

[ Edited ]

I agree with the others, your plan is solid!  Best of luck to you when you pull the trigger!


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge

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