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Valued Member
doctor2be
Posts: 39
Registered: ‎06-30-2009

applying for my 1st credit card

can someone help me???? my TU score is 677 and EQ is 669 and the only installment loan that I have is 3800 school loan-----does anyone know if i will be rejected by an unsecured credit card or should i go for secured
Established Contributor
Chopbrocoli
Posts: 805
Registered: ‎05-11-2007

Re: applying for my 1st credit card

Who do you bank with? Usually they will be glad to start you out with an unsecured student CC without any hassle. So I would definitely try your bank 1st. You may also want to try looking into products offered by credit unions.
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Member
_mkb
Posts: 5
Registered: ‎02-13-2009

Re: applying for my 1st credit card

My first CC was with Citi back in 2005 (their college card - I was a freshman). I have no idea what my score was back then, but I imagine much lower than yours is now - I had a baddie on my CR that I wasn't aware of until within the last year (since removed because it was a med account from when I was 15) and a few student loans (recent, too - my approval was in November and I'd just started school in August), but nothing else. They gave me $1500 back then and a $300 CLI a few months later. I know the market is much different now, but they still give out regular CLIs, so they may still be a good bet.

 

You can also try some of the preapproval sites - they're soft pulls and might give you an idea of who will approve you if you actually applied. 

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Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007

Re: applying for my 1st credit card


doctor2be wrote:
can someone help me???? my TU score is 677 and EQ is 669 and the only installment loan that I have is 3800 school loan-----does anyone know if i will be rejected by an unsecured credit card or should i go for secured
I'm looking at your screen name --are you pre-med? already in med school? Have you taken the MCAT's yet?

I ask because my daughter was flooded with offers after she took her MCAT's.

If you're still in college, is your school associated with a credit union that offers CC's? If so, I'd get in with them first and avoid the hassle that the big banks are putting people through these days.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009

Re: applying for my 1st credit card

Are you a student in professional school (Business, Law, Medical)? If so check with your student affairs office and see if your school/program is affilliated with the Professional Services program at a financial institution. That was my toehold into the credit world many years ago when I was in business school and it was an excellent program. (Too bad I blew it later on.)

Valued Member
refskuska
Posts: 33
Registered: ‎05-10-2009

Re: applying for my 1st credit card

I'd suggest you try to apply for prime student CC - Citi Forward and Discover More (student version).

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