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Valued Contributor
Posts: 1,270
Registered: ‎04-22-2013
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What Credit Card to get?!?

My FICO score was 548 last month but I fixed a lot of the negatives and now my FICO score is 652, what credit card would you guys recommend? My Goal is to reach a FICO score of 730

     
Contributor
Posts: 77
Registered: ‎04-15-2013
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Re: What Credit Card to get?!?

Capital 1 is a good start


10/01/2012 STARTING FICO SCORES: EQ 585 TU 598 EX 539
09/12/2013 CURRENT FICO SCORES w/ 9 REVOLVING TLs = $4,550 + INSTALLMENT TL: $23,300
EQ 598= AAoA=10m, UTIL=43%, 12m INQ=22, COLL=0, PUB REC=0, MISS PAY=0
TU 644 =
AAoA=1yr 8m, UTIL=46%, 12m INQ=19, COLL=0, PUB REC=0, MISS PAY=0
EX 614 = AAoA=3 yrs 11m, UTIL=63%, 12m INQ=17, COLL=0, PUB REC=0, MISS PAY=0
04/01/2014 GOAL FICO SCORES: 720s = AAoA=+7m, UTIL ≤ 9%, 12m INQ ≤ 6, COLL=0, PUB REC=0, MISS PAY=0
Valued Contributor
Posts: 2,384
Registered: ‎04-04-2013
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Re: What Credit Card to get?!?

[ Edited ]

Approximately what is your income level? Are you a student? How old are each of your existing credit lines?

 

And why is your FICO already so low?

 

PS: and read my credit journey below. One secured credit card for just shy of one year got me to 732 from no credit. Just using less than 10% a month and showing that I would pay in full each month. But, there are other ways to do it. Secured card is probably the traditional method though. If you have available cash to spare.


Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: What Credit Card to get?!?

Welcome to the forum!

If you do not mind sharing your credit profile, I'm sure we'll be happy to give you great advice!

Current cc's?
Number of inq's?
FICO/FAKO.
Baddies?
AAOA?
Are you a member of a CU?
Who do you bank with?
Valued Contributor
Posts: 1,270
Registered: ‎04-22-2013
0

Re: What Credit Card to get?!?

The only CC I have currently is a Capital One VISA Platinum with CL of $300.

 

My annual salary is $80,000, I am 28 years old, I use to have tons of CC when I was 19 and I stopped paying them that is why my score is so low.

 

FICO SCORE IS 652 (EQ).

 

Number of inquiries is 4.

     
Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: What Credit Card to get?!?

Valued Contributor
Posts: 1,270
Registered: ‎04-22-2013
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Re: What Credit Card to get?!?

One judgement and one collection account that is "Paid, Closed" but I'm not sure why different credit reporting agencies keep them on there and others remove them entirely. Equifax removed them completely but TransUnion and Experian still show them as negative but they are "Paid, Closed"

     
Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: What Credit Card to get?!?

Valued Contributor
Posts: 1,270
Registered: ‎04-22-2013
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Re: What Credit Card to get?!?

Dates for what? The Judgement is still on there, I'm paying it offer, it will be done in two months. The collection that is Paid, Closed is student loans which I am paying off as we speak. Dates on those are 04/07/2013, status updates I guess?

     
Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: What Credit Card to get?!?

When was the judgment entered on your CR's? How long has it been since you paid the CA? Creditors will not just look at your CS but also delinquencies paid or not if they are older or recent is important to know to give you the best answer.
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