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New Visitor
YoungGoldCard
Posts: 0
Registered: ‎10-11-2012

Re: How young are you?

25. 

 

Car lease through ally at 20 paid off. Got a terrible CapOne Masterdcard that year that they only give me $750 on, which started at $500. At 24 I got a Gold AMEX and also paid off student loans. Early this year I got a Chase Freedom. Just two days ago I was approved for both the Capital One Venture and an AMEX Cash Everyday. I've never been late on a bill and most of my payments are done far before they are due if not a day or two after the charges take place.

 

My goal is to make money off of a system that is built for people to fail. Great success so far.

AMEX Gold Premier Rewards [CL: ?]
AMEX Blue Cash Everyday [CL: $6500]
VISA Chase Freedom [CL: $3500]
VISA Capital One Venture: [CL: $5000]
MASTERCARD Capital One Platinum [CL: $750]...and they wonder why it never gets used...
Regular Contributor
ImprovingYouth
Posts: 154
Registered: ‎09-21-2012

Re: How young are you?

[ Edited ]

Gotta say it is damn encouraging to see so many young people taking control of their finances and credit.

Age: 22 //Cards: Chase Freedom, Chase Amazon Visa, Discover IT, CreditOne, CapOne Quicksilver, CapOne Cash, Walmart, Barclaycard, Citibank BestBuy, NavyFederal Visa Signature cashRewards //AAoA: 1 Year 3 Months (but going down quickly :smileytongue:) //CK:692, Sesame:656
Valued Contributor
Dustink
Posts: 3,097
Registered: ‎10-02-2012

Re: How young are you?

I just turned 21. I started when I was almost 20 with a $300 limit credit card from US Bank. It quickly grew from there. What a journey.

 

Here is what I have now:

US Bank Flexperks Signature

US Bank Cash+ (kinda) Combing three accounts to create this card

Chase Freedom $5k

Amex HHonors $2k

Best Buy $3k

Crap1 $1.5k

 

Now I am working on saving money to buy an investment property.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012

Re: How young are you?


Dustink wrote:

I just turned 21. I started when I was almost 20 with a $300 limit credit card from US Bank. It quickly grew from there. What a journey.

 

Here is what I have now:

US Bank Flexperks Signature

US Bank Cash+ (kinda) Combing three accounts to create this card

Chase Freedom $5k

Amex HHonors $2k

Best Buy $3k

Crap1 $1.5k

 

Now I am working on saving money to buy an investment property.


congrats. hoping i get a big bump on freedom when i ask for an increase next august/jan. havent decided. 

 

 

Current: Discover Fico 701 10/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Valued Contributor
Dustink
Posts: 3,097
Registered: ‎10-02-2012

Re: How young are you?


creditnocash wrote:

Dustink wrote:

I just turned 21. I started when I was almost 20 with a $300 limit credit card from US Bank. It quickly grew from there. What a journey.

 

Here is what I have now:

US Bank Flexperks Signature

US Bank Cash+ (kinda) Combing three accounts to create this card

Chase Freedom $5k

Amex HHonors $2k

Best Buy $3k

Crap1 $1.5k

 

Now I am working on saving money to buy an investment property.


congrats. hoping i get a big bump on freedom when i ask for an increase next august/jan. havent decided. 

 

 


It should. The cards seem to start growing exponentially.

 

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Frequent Contributor
WallyxD
Posts: 273
Registered: ‎10-02-2012

Re: How young are you?

This thread is interesting so I figured I'd revive it.

I'm 20. I am a finance major with about 50 credits (I should have 59, but hey, that's the downfall to transferring). I started my journey back when my first student loan was taken out but didn't pay particular attention to the details and the whole concept of credit until the summer of last year (Wish I had, I wouldn't have applied for 10 different private student loans heading into my freshman year) and I think I'd be in much better position.

My short term goal is to bring my utilization down to <10% by the end of the year, which is also the time I will go on a mini app spree. (Discover iT, Amex Green, Chase Freedom).

My long term goals include helping my mother, her bf to rebuild so that they can get the house they always wanted AND buy a new car without having ridiculous interest rates and also to help my brother build so that he's in a better position than I am when he's my age.
By the time I graduate, which I'm expecting to be Fall of 2015, I hope to land a decent paying job and to have a great history so that I'm able to either buy/lease a car as a graduation present to myself (Acura now, Audi later on in life).

One more short term goal is to get rid of this cashier job I've had for almost a year. I feel inferior to everyone else because I'm only making 8-9k/year lol. School is my top priority though, so I guess it isn't all that bad.
AE Store CC: $850 | AEO Visa: $2,300 | CapOne Quicksilver: $1,700 | Citi Forward for Students $1,500 | Walmart CC $1,350 | Chase Amazon: $500 | PayPal Smart Connect: $500 | Discover iT for Students: $500 | Chase Freedom: $500

Gardening until util 30%
TU Fico: 652 (3/11/14)
Blogger
HiLine
Posts: 3,172
Registered: ‎10-19-2012

Re: How young are you?


WallyxD wrote:
This thread is interesting so I figured I'd revive it.

I'm 20. I am a finance major with about 50 credits (I should have 59, but hey, that's the downfall to transferring). I started my journey back when my first student loan was taken out but didn't pay particular attention to the details and the whole concept of credit until the summer of last year (Wish I had, I wouldn't have applied for 10 different private student loans heading into my freshman year) and I think I'd be in much better position.

My short term goal is to bring my utilization down to <10% by the end of the year, which is also the time I will go on a mini app spree. (Discover iT, Amex Green, Chase Freedom).

My long term goals include helping my mother, her bf to rebuild so that they can get the house they always wanted AND buy a new car without having ridiculous interest rates and also to help my brother build so that he's in a better position than I am when he's my age.
By the time I graduate, which I'm expecting to be Fall of 2015, I hope to land a decent paying job and to have a great history so that I'm able to either buy/lease a car as a graduation present to myself (Acura now, Audi later on in life).

One more short term goal is to get rid of this cashier job I've had for almost a year. I feel inferior to everyone else because I'm only making 8-9k/year lol. School is my top priority though, so I guess it isn't all that bad.

Great future goals! 2 pieces of unsolicited advice:

 

1. Don't ever apply for an Amex Green

2. Maintain a high GPA

:cattongue:

Frequent Contributor
WallyxD
Posts: 273
Registered: ‎10-02-2012

Re: How young are you?

Why do you say to never apply for an Amex Green? Wouldn't it be better to app for an Amex Green (easier to get approved for) and then app for a more 'desirable' Amex since if I was approved for the charge card it'd only be a soft pull if I was denied the second card? And I only said the charge card because I know I wouldn't get approved for any other Amex. And I'm using an iPhone 4, can't wait until my contracts up lol. And about the gpa situation, I don't wanna talk about it.. Haha
AE Store CC: $850 | AEO Visa: $2,300 | CapOne Quicksilver: $1,700 | Citi Forward for Students $1,500 | Walmart CC $1,350 | Chase Amazon: $500 | PayPal Smart Connect: $500 | Discover iT for Students: $500 | Chase Freedom: $500

Gardening until util 30%
TU Fico: 652 (3/11/14)
Frequent Contributor
hutchj
Posts: 387
Registered: ‎06-15-2013

Re: How young are you?

I'm 25. I got my first CC when I was 18 (when companies were just giving away credit, lol). I'm extremely anal when it comes to my credit & CCs because I was taught at an early age that CCs does not equal free money.

AMEX BCE: 5k; Barclay Apple: 2.5k; BoA CB: 3k; BoA BBR 4.2k; BoA Travel: 8k; Chase Sapphire: 5k; Chase Freedom: 6k; Citi Diamond: 3k; Discover IT: 9k

June 2013 FICOs: TU: 763; EX: 754; EQ: 764 (was 747 9/2012). Last app 2/20/2014 Garden until 3/2015
Regular Contributor
ternify-
Posts: 185
Registered: ‎10-11-2012

Re: How young are you?

I'm surprised at how many people younger than 25 are already planning to buy a house! I don't even see myself getting married before 40.

Anyway, I'm 21. Work full-time, go to school full-time. Short-term goal is to get my bachelor's out of the way (2 more years to go :smileyindifferent:) so I can focus on my real goal: ACTING!

Chase Sapphire Preferred / Chase United MileagePlus Explorer / Chase Freedom / AMEX PRG / AMEX SPG / AMEX BCE / Discover IT / Barclaycard Financing / BofA Cash Rewards for Students / CITI Classic

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