HELP! SHOULD I START GARDENING?

[Anonymous]

Hello,

I've been applying to several cc companies in the last few days; with not luck. so I decided to go with Secured Cards.

 i was approved to two secured cards. One with Capital one $300 and one with Open sky also for $300. I already had a Credit One Bank for $650  (balance on card $100)  and a macys card that recently gave me a credit increase to $1200 (balance on card $85). Should i start gardening? or am I missing something?  

Here is my fico score:

Trans  626   Trans 633  Exp 613

I am pretty sure those score are going down due to several inquiries (about 4).

Please help

Thank you!!

[Anonymous]

Definitely start gardening. I would garden for 6 months or even a year.

[Anonymous]

Awesome! Thank You! !

[Anonymous]

Do you have an installment loan? If not I recommend a secured loan AKA credit builder loan to add to your mix before planting the seed...

[Anonymous]

I don't have an installment loan? you mean like car loan? What other options do you recommend? Thank you!

[Anonymous]

Secured loan with your bank if you don't have a car loan

[Anonymous]

Awesome! Will do that!

[gdale6]

If you have student loans, auto loans, personal loans open you would not need any other loan.

[Anonymous]

I'm new here!  What does it mean to start "gardening"?

[Anonymous]

When you have applied for credit and are at a good point to not apply and let those new accounts age to gain points on your scores.