02-05-2011 01:38 PM
My current scores are 676, bout 30% utilization. I have two inqueries in last 6 months. No 30 day for 3.5 years.
I dont have any high CL card and I would like to get rid of some of my lower CL cards like First Premier and Captial One. I have two capital one cards, starters.. applied for a real capital one card and got denied, too many cards with them.. they didnt hit my credit...Should I close one and reaplly? or should I wait till score is higher? better off trying for a Citi or Wells fargo with current score?
I just got a mortgage and paid off some CC debt. My FICO scores went up 26 pts in 30 days... Also, I need to do some work on my house and was looking to get a line of credit loan, Wells fargo or Citi for that?
02-05-2011 01:47 PM
If you know anybody in the service, you are prime for Navy Federal Credit Union (NFCU). I had similar profile in 2008 and they granted me 2 cards at $15,000 a piece and a Line of Credit at $10K. Best move i've ever taken. If you cant get in NFCU, I would try any other credit union.
02-05-2011 02:01 PM - edited 02-05-2011 02:06 PM
I have a nephew in the service, does that qualify me?
EDIT: I just checked and I dont qualify as an uncle.
Other than that, why a credit union over say like Citi, or Wells Fargo for line of credit?
02-05-2011 02:51 PM
02-05-2011 02:56 PM
me too. you usually have to open up a checking & savings, or sometimes just a savings. that's how you become a member, & then you can app for other products.
02-05-2011 03:13 PM - edited 02-05-2011 03:13 PM
Back to my first Q... what CC should i apply for with my current scores? I want to get rid of some of my starter cards with low CL.
02-05-2011 06:45 PM
I am not too sure but I think you can do this. Your nephew can join them and then you should be able to join them. I will ask your nephew to give them a call and find out.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. 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.