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Established Contributor
Posts: 568
Registered: ‎08-24-2012
0

Best CC for first one?

Not that I will apply for one before we get the mortgage, but I've also never had one before. What would be the best starting out CC?

"When you are down in the mouth, remember, everything turned out ok for Jonah."

Current FICO's(by lender) 10/9/12
EX:649, EX:651, TU:683
Moderator
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Best CC for first one?

Apply for a Walmart card, it's through GE, and it will grow.  The give good CLIs that will help you get bigger cards.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Established Contributor
Posts: 568
Registered: ‎08-24-2012
0

Re: Best CC for first one?

Thank you kindly, sir!!  :smileyhappy:

"When you are down in the mouth, remember, everything turned out ok for Jonah."

Current FICO's(by lender) 10/9/12
EX:649, EX:651, TU:683
Moderator
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Best CC for first one?

You are so welcome, they give good CLIs about every 4 months, no hard pull.  You can get some decent CLs with them.  Then after you age enough, it could PC to a Walmart Discover card.  Plus you get your TU FICO free every month if you do online statements.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Established Contributor
Posts: 568
Registered: ‎08-24-2012
0

Re: Best CC for first one?

That sounds pretty awesome!!  

 

So guess what. We had ourselves a situation today, that means we are gonna have to make our lender understand that he after next Friday when my dispute is suppose to be resolved, he needs to pull the reports and hopefully move forward on the mortgage. Our son has CP, and due to our increase in pay in Sept, (we both got one, lol) but he lost his SSI. *we only requested Medicaid as a SECONDARY insurance, due to his therapies being out of network with out BCBS, and the afterschool care he JUST got into YESTERDAY, yes, YESTERDAY, that only takes Medicaid, (its for special needs children) we now have to fight to keep his Medicaid, or he's no longer covered as of January 2013. I mean, really???  We both work, but we have our son and 2 daughters, and are trying to better ourselves, but lose his SECONDARY ins bc of it! He has a disability that isn't going to go away!! But, if I were to stay at home sitting on my butt, we could have medicaid and foodstamps for ALL of us. The system is so messed up.

 

Pray for us!!!!! :smileyhappy:

"When you are down in the mouth, remember, everything turned out ok for Jonah."

Current FICO's(by lender) 10/9/12
EX:649, EX:651, TU:683
Valued Member
Posts: 37
Registered: ‎08-30-2012
0

Re: Best CC for first one?

Do you qualify for a disability living allowance? I would think you would be able to get disability for that child no matter what, which would qualify the child for Medicaid no matter what your income was.
Regular Contributor
Posts: 217
Registered: ‎09-25-2012
0

Re: Best CC for first one?

If you never had a CC you should take the secured route.
TU 746 (10/13)
GOAL: 750+






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