09-19-2012 07:42 AM - edited 09-19-2012 09:29 AM
So, coming to the end of my rebuilding, and would like some opinions on decent credit cards to app for before I garden.
FAKO from TU Credit Score: TU: 671 EX: 636 EQ: 638
AAOA 3.8 Years
Inquiries: TU: 16 Experian : 5 Equifax: 20
(More than half of these was when I was car shopping/refinancing shopping. If you credit union shop, does it fall under the
one inquiry criteria?)
Derogatory: 0 (4 Collections removed through Disputes, BBB, and PFD.)
I do have 3 Sallie Mae Loans, which defaulted and state: Claim filed with government for Insured portion of balance on
loan. Whatever this means, this should fall off in 2014.)
Current Credit Cards: Secured Capital One, Balance of $0/$225, Open in April of 2012
Capital One Platinum, Balance of $0/300, Open in July of 2012 (This one was an accident, I just saw
pre-approved unsecured! Before I found the forums, and learned capital one doesn’t grow with you.)
Kay Jewelers, Balance of $1900/$2500, Open in August 2012. (One of the reasons for re-building credit,
Amazon, Balance of $31/600, Open in August 2012
Vehicle Loan Refinanced from 22% to 11% through NFCU, few weeks ago.
(Main reason I started to repair my credit. This hasn’t hit my credit report yet. Thinking I should app before
it does, as it may drop my score.)
I was looking at Rooms to Go credit and I was looking at Care Credit, and since I’m in with GE. I was thinking why not? (And I need both of the services) But since I’m in with NFCU (due to the advice of everyone on the forums), I figure if I got a decent limit through one of the cards, I could just finance the furniture and the medical on of their cards. This is a smarter route, correct, then two 'store/charge cards'?
Also, which one of NFCU’s card are the best, starting out? More likely, to be approved for? I saw a pre-approval under my offers, but it disappears and appears sporadic.
I’m not sure why people go say go for Discover IT cards, as Discover isn't accepted everywhere, and the Amex Zync seems more like a debit card to me. If I do go discover, looking at the Discover More Student Card? Can this Card Graduate?
I would like to go for something with airline miles rewards such as Starwood American Express or Delta Gold Skymiles American Express.
I am also looking at the Wal-Mart Store Card, since it can graduate into a Discover.
Also, looking at the Victoria Secret Card, since it would be nice to get a card using only a soft pull, and it’s one of the full places the misses can get undergarments that fit her.
Opinions? Any cards I overlooked?
I know people, hate reading a lot, tried to sparse it out. So, everything’s easier to read. May have to leave the forums after this, I tendency to get an itchy app trigger finger, when I see people get approval, with similar scores.
09-19-2012 09:27 AM - edited 09-19-2012 09:27 AM
Wow...that was easy...I expected to wait half the day for more replies before I pulled trigger on NFCH...So, I guess I'll probably skip getting CareCredit or a rooms to go GE backed Card.Even though there was no APR listed, it's gotta be less than 24.4% offer by GE backed cards....I still may pull the trigger on Discover and American Express Cards, and thinking may apply for their NavCheck Overdraft..
Opinions on apping for the Discover/AMEX, or anything else I listed?
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.