12-21-2013 07:13 AM
Well I've been hard at repair for a little over a year and have got my TU score up just shy of 100 points. Been gardening my Capital One Secured ($201 CL) and Capital One Rewards ($750 CL) for almost 2 years. Decided to pull the trigger on a Barclay NFL Extra Points card today since they pull TU and got an instant approval for $1900. Oh man does all that hard work feel good today! Thanks to all of you! I don't post much but I have spent hours on here reading an researching! Merry Christmas!
12-21-2013 07:28 AM
It's a good feeling!!! Congrats to you.
12-21-2013 08:17 AM
Congrats... I have that card too, and personally, I love it!
12-21-2013 12:36 PM - edited 12-21-2013 12:38 PM
What would be my chances of getting approved?
EX FICO: 682, EQ FICO: 641, TU FICO: 655
All of my bad accounts just dropped off with the exception of one medical collection for $2,200 that is only a year and a half old. I plan to try and PIF for a delete with my tax return. I just can't pay it now. I have a handful of 30 day lates from 2008 and one from the beginning of the year. My two auto loans ( Honda Financial and Capital one auto) are in perfect standing. I also have some student loans on deferement.
The only line of credit that I currently have is a secured capital one card for $200. I've had it for a little less than two years and I have a perfect history with it.
I really want to dd another if of credit to my credit profile and increase my utilization. I'm just afraid that my one collection will keep me from moving forward.
12-21-2013 12:59 PM - edited 12-21-2013 01:00 PM
@howiez28 In my personal experience I couldn’t get any unsecured cards other than Capital One to touch me with collections, I tried a few like Wal-Mart. My final 3 collections just fell off as well and my TU score went from 629 to 667 which is the reason I decided to apply. The only negatives I have left are 14 defaulted student loans with 0 balances because they were consolidated with direct loans about 3 years ago. They are near the end and due to fall in March '14 so I'm sure that helped.
I got the Capital One secured card first then after about 6 months applied for the Capital One Cash Rewards card and was approved for $500. After another 3 months it went to $750 as part of their credit steps program. Nothing after that for nearly two years, tried the online CLI twice in that time since it’s a SP but was not approved. Basically I just did PFD, GW, and waited out the last 3 collections since they wouldn’t work with me.
Hope that info helps you decide. I think your scores are close to the range but I’m not sure how they will look at that collection, maybe some of the vets around here will have a better answer.
12-21-2013 01:19 PM