I have had an orchard secured card for a few months now, and its finally gotten to the point where im getting offers from other people. I got an offer from Cap one and was approved for a 300 dollar card. I figured i might get accepted by others so i went on a mini app spree, but was declined for everything...literally everything (kays, walmart, hooters, apple visa, amazon visa, and a fingerhut account). Now i think one of the biggest factors is that i only have 200 dollars on the secured card, so thats whats reporting on my reports, which has to hurt. Cap one isnt reporting yet, so cant benefit from that yet. So when would it be ok to re-apply again? A month, 6 months, a year, never? I was thinking once cap one started reporting i would wait a month or two then try some of the "easier" ones again (kays, hooters, fingerhut). Is there a certain time limit where if you re-apply they will decline you regardless since you just recently applied, or does it not matter much when you re-apply (from the creditors standpoint, not mine or my credit reports as far as inquiries go or anything). I need a mix of credit because all i have thats positive is that 200 dollar secured card...what do you guys think i should do?
