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Established Member
Posts: 38
Registered: ‎07-07-2013
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Whats cards to get? What is Gardening ?

Hey, 

 

New to the forums here and I would like to get some good info from the veterans !

 

I have started the process of rebuilding my credit and I realize from these forums that 

2-4 credit cards is a good number of account open to rebuild and max out that FICO! 

 

Currently I am at about a 560 fico across all three and want to know what card or cards I should apply for?

 

Right now I ONLY have a Capital One unsecured card with a $500 limit.

 

What cards can I apply for with my credit scores? 

Community Leader
Senior Contributor
Posts: 26,694
Registered: ‎02-07-2013
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Re: Whats cards to get? What is Gardening ?


wallywonka wrote:

Hey, 

 

New to the forums here and I would like to get some good info from the veterans !

 

I have started the process of rebuilding my credit and I realize from these forums that 

2-4 credit cards is a good number of account open to rebuild and max out that FICO! 

 

Currently I am at about a 560 fico across all three and want to know what card or cards I should apply for?

 

Right now I ONLY have a Capital One unsecured card with a $500 limit.

 

What cards can I apply for with my credit scores? 


Welcome to the forum

How long have you had the CAP1?

What baddies do you have? with scores that low either a thin file or baddies are holding you down:smileysad:

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/13


Established Member
Posts: 38
Registered: ‎07-07-2013
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Re: Whats cards to get? What is Gardening ?

I have had the Cap1 Account for 1 year this month with no lates and a zero balance on the card currently showing. 

 

I do have a couple small collections account on files.

I have several paid off auto loans, current auto loans in excellent standing. 

Just finished student loan rehab program and have all new trade lines reporting for student loans. 

BUT>> and this maybe a big but .. some of the old student loands are hanging on my Trans and EQ reports. 

 

I would love to apply for a Chase freedom?  Thoughts?

 

Moderator
Posts: 27,202
Registered: ‎09-13-2012
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Re: Whats cards to get? What is Gardening ?

Welcome to the forum! Before applying for any new cc's you need to clean up the baddies. I'd start by asking for PFDs on the small collections, email the EO of Cap 1 and am for a CLI, APR reduction and AF waived.

Chase isn't out of the realm of possibilities- the CS will go up once you've taken care of those baddies. Chase is probably going to need a mid 600's with little to no unpaid collection accts and no recent baddies.
Community Leader
Senior Contributor
Posts: 26,694
Registered: ‎02-07-2013
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Re: Whats cards to get? What is Gardening ?

[ Edited ]

wallywonka wrote:

I have had the Cap1 Account for 1 year this month with no lates and a zero balance on the card currently showing. 

 

I do have a couple small collections account on files.

I have several paid off auto loans, current auto loans in excellent standing. 

Just finished student loan rehab program and have all new trade lines reporting for student loans. 

BUT>> and this maybe a big but .. some of the old student loands are hanging on my Trans and EQ reports. 

 

I would love to apply for a Chase freedom?  Thoughts?

 


I have to be honest with scores that low chances of Chase approval are low...sorrry

 have you tried to get the old student loans removed from CR?

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/13


Super Contributor
Posts: 7,132
Registered: ‎02-27-2013
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Re: Whats cards to get? What is Gardening ?


09Lexie wrote:
Welcome to the forum! Before applying for any new cc's you need to clean up the baddies. I'd start by asking for PFDs on the small collections, email the EO of Cap 1 and am for a CLI, APR reduction and AF waived.

Chase isn't out of the realm of possibilities- the CS will go up once you've taken care of those baddies. Chase is probably going to need a mid 600's with little to no unpaid collection accts and no recent baddies.

+1

Definitely get your scores up, and try to get those derogs removed. 

Your scores are too low as it is, and those derogs are hurting your chances.

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Frequent Contributor
Posts: 324
Registered: ‎04-12-2013
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Re: Whats cards to get? What is Gardening ?

Try to get a cli through EO route in case of CapOne. Try to have a util between 1-9% on your CapOne card which means balance of more than $5 but less than $45 on your billing date.



PNC Secured 2000 (Dec12), Chase Amazon 2000 (Apr13), CapOne Newcomer 2500 (May13), Citi dividend 3000 (May13), Discover IT 1000 (Jul13), Amex BCP 6000 (Jul13), Chase Southwest 10000 (Jul13), Chase Marriott 12000 (Oct 13), BofA Travel Rewards 5000 (Dec13)

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New Contributor
Posts: 351
Registered: ‎06-02-2013
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Re: Whats cards to get? What is Gardening ?


09Lexie wrote:
Welcome to the forum! Before applying for any new cc's you need to clean up the baddies. I'd start by asking for PFDs on the small collections, email the EO of Cap 1 and am for a CLI, APR reduction and AF waived.

Chase isn't out of the realm of possibilities- the CS will go up once you've taken care of those baddies. Chase is probably going to need a mid 600's with little to no unpaid collection accts and no recent baddies.

Great advice. I was in the mid 600's when I was approved for my Freedom card. I recommend doing exactly how Lexie says. If you can get your score up and get the Chase Freedom, it is a card that you can keep long term even after you get your score up into the 700's. Which I think is important to build a solid base and get cards that you want long term so you won't be messing with your AAoA constantly. I know it isn't always possible however.

If women didn't exist, all the money in the world would have no meaning. -- Aristotle
Starting Score: 777
Current Score:  761
Goal Score:      800
Frequent Contributor
Posts: 405
Registered: ‎07-31-2010
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Re: Whats cards to get? What is Gardening ?

09Lexie wrote:
 Before applying for any new cc's you need to clean up the baddies.

 

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