@needbettercredit88 wrote:
I have equifax complete advantage. I understand that these are all FAKO scores but its an estimate of my FICO scores it says. I honestly dont know how true that is. My scores are TU: 560 EX: 621 and EQ: 615. I was going to apply for a credit one cc but I have a charge off with them and am pretty sure they wont approve. Who else can I try? Has anyone with these scores been approved for a cc recently? Thank you
Sadly, your name says it all. You need better credit. With scores that low, the devil is in the details. If you have unpaid collections, charge-offs, recent lates, etc. then no one is goiong to lend you money. Essentially, your credit report says you never pay it back. Who would take that risk?
In order to borrow money, you have to demonstrate a history of actually paying back. There are several key first steps, one of which is getting a secured credit card and/or authorized user account so you can demonstrate some good history. Another is to begin removing negative items, through the DV/PFD process, or Goodwill letters for the lates.
Basically, that means pay back what you owe, and get your report clean. Do that, with a good secured history, and you will qualify for sub-prime rebuilder cards. Soon after, you will qualify for prime cards and high limits.
A lot of us here, myself included, have been in your shoes, and many of us kept a log of what we did and how we fixed things. If you look at the credit scoring and rebuilding threads, you will learn everything you need to know to succeed. Just a few years ago I barely qualified for a 300 dollar Orchard card - now I have over 30 grand in available credit. It can be done.
