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New Member
Apprehensive
Posts: 6
Registered: ‎08-04-2010

Very limited Credit History - card help

Hello and thank you to all who read this post!

 

I am currently looking to build my credit, but do not want to negatively affect my credit by applying for numerous cards. Can someone recommend one that I am likely to be approved for? Here is a bit about me:

 

1 Student loan (2 yrs)- $10,700 - Currently in deferment (Good standing); I have made payments on this already, but they will not be reported until I am out of the grace period.

No other accounts listed on my credit report.

EX does not list a credit score, but EQ & TU do. Transunion reports my Fako? scores as 675-690... myfico estimator was: 675-725.

I am still enrolled in school (last semester)

I also have a full time job w/ income of about 38,000/yr.

 

 

Okay, that was a mouthful...

 

Anyone with a similar situation or any advice as to which cards I should apply for? I am not so worried about Par's as I plan on paying in full each month, a low annual fee would be nice though... (Maybe I am pushing it)

 

 

 

New Contributor
bubblebutt
Posts: 100
Registered: ‎06-20-2010

Re: Very limited Credit History - card help

[ Edited ]

Try CITI FORWARD FOR STUDENT, I got approved with the credit report almost same like you, 3000 limit, they just ask me to fax my student ID. Apply one store card that easy to get, Macy's approved me with 600 CL.

 

Good Luck.

starting score 549
current score 702 TU , 708 EQ, EX ??
goal score 740

Mega Contributor
Creditaddict
Posts: 18,566
Registered: ‎10-23-2007

Re: Very limited Credit History - card help

citi, if they will approve as previous poster says would be way better but otherwise Best Buy MC has been the only one I have known that would approve with no credit history and your not going to like the limit.

sit back and in 6 months when you have a credit score, amex zync.

Fico Scores: EQ 639 Navy, TU 667 GE, EX 677 Prosper (06-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Regular Contributor
jforsyth
Posts: 164
Registered: ‎05-01-2010

Re: Very limited Credit History - card help

 


bubblebutt wrote:

Try CITI FORWARD FOR STUDENT, I got approved with the credit report almost same like you, 3000 limit, they just ask me to fax my student ID. Apply one store card that easy to get, Macy's approved me with 600 CL.

 

Good Luck.


 

Were you approved for Citi Forward recently, or were you approved before the new credit card laws went into place?

 

According to Credit Karma reviews, Citi Forward has been increasingly more difficult to get. Some have said that Citi is looking for at least 6 months of history on two credit cards before even being considered.

___________________________________

EQ FICO: 740 (09/04/11)
TU FAKO: 756 (06/07/12)
BankAmericard Cash Rewards | Amex Zync | Citi Forward
New Member
Apprehensive
Posts: 6
Registered: ‎08-04-2010

Re: Very limited Credit History - card help

Hi all,

 

Thank you for getting back to me so quickly.... Here is what I am thinking.... I am going to take the leap. I have no other choice do I?

 

I am thinking I will apply for three different cards.

1. Citi - Student?

2. Capital one - Student or Regular?

3. Orchard Bank - do not really want to .. but if all else fails..

 

Do you think it will be a bad thing if I apply for all three on the same day? Will future creditors look bad upon this? Also, should I go with the student cards or just regular cards? Which do you think will be more willing to approve me?

 

Sorry for asking so many questions, ..

 

Thanks again!

Regular Contributor
sgs10
Posts: 204
Registered: ‎08-03-2010

Re: Very limited Credit History - card help

[ Edited ]

Why do u want to apply 3 credit cards. Thats a chunk of inquiries. The last inquiry will probably get denied. Give some time before applying for next cards. Keep less Inquires so u will have some good chance for approval. Creditors do not want to see too many inquiries.


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