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BearWebb85
Posts: 82
Registered: ‎04-01-2013
0

Thinking about doing an app spree after closing......ideas?

So I got the clear to close from USDA and sign closing documents, get keys, & take ownership on 9/3.  I thought I would do a little app spree afterwards as I don't have much in terms of credit cards currently to get some more assistance.  Currently I have the following: Capital One Secured - CL $300, FingerHut - CL $450, AU on Discover - CL $12,000.  My utilization is 8%.  I have 4 inquiries on my Experian & Equifax reports & 5 inquiries on my TransUnion.  I have 2 CO's but both are 4 plus years old.  You can see my 3 FICO scores in my signature below.  I am thinking of doing an app spree for the following:

 

  • Lowes Card - I need a refridgerator for my house was my thinking here
  • Discover IT Card
  • Barclay Card
  • Chase Freedom
  • Perhaps a Citi card?

What are everyone's thoughts on this plan?

Start: (4-21-13): EQ 560 (FAKO) TU 544 (FAKO) EX 549 (FAKO)
Current: (8-27-13): EQ 650 (FICO) TU 677 (FICO) EX 643 (FICO)
1st Goal: Purchase my first home (Done on 9/3/13)
2nd Goal: 700 across the board
Senior Contributor
BearsAndTurtlesRtheBest
Posts: 3,578
Registered: ‎10-02-2012
0

Re: Thinking about doing an app spree after closing......ideas?

Id say go for the Lowes and Barclays

$1,000$600 "Two credit cards is all I need"
EX FICO---, EQ FICO---, TU FICO 603, No Delinquencies of any Sort, Gardening Since 10-05-14
Senior Contributor
BearsAndTurtlesRtheBest
Posts: 3,578
Registered: ‎10-02-2012
0

Re: Thinking about doing an app spree after closing......ideas?

If barclay denies, you can always recon your app,

$1,000$600 "Two credit cards is all I need"
EX FICO---, EQ FICO---, TU FICO 603, No Delinquencies of any Sort, Gardening Since 10-05-14
Established Contributor
KIPPIE12
Posts: 620
Registered: ‎05-09-2009
0

Re: Thinking about doing an app spree after closing......ideas?

Congrats on the mortgage! That is the most important thing, and you'll now have a good mix of credit.

Current Score: EQ: 807 TU: 811 EX: 813 (Fico) 8/14
Goal Scores: 760 Across all 3-Finally


Citi TY Premier 36k| Discover 15.6k|BOA WMC 30.5k|Barclays Juniper Rewards 15k|Barclays Amex 20k| CapOne 15K|Chase Freedom VS 19.3k|Citi Dividend WMC 25k|FNBO 15.5k|CSP 22.1K|Chase Marriott 31.3k|Citi TYP 20K|Citi DP 16.5k|Sams Discover 10k|Chase IHG Select Visa 26k|Macys 5k|Sams MasterCard 10k|Barclay Arrival Plus WEMC 10k|Chae IHG WMC 26k|Citi Double Cash 10k|Chase MileagePlus Explorer 14k

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