Re: Got First Credit Card - Next Step?
10-07-2012 06:55 PM
I just got my first credit card--the student card from Wells Fargo as I have posted before, with a $1,600 CL. Still waiting to receive it. In August I applied for the Capital One secured card (back when my income was lower), but the income was insufficient so I was denied.
I was just looking for some advice on what to do next. I would like to have as many lines of credit going as possible to get a good start, but with the two recent inquiries, am wondering what you guys think I should do next. Should I wait for the Wells Fargo to report until I apply again for anything? And what should I try to apply for next (or should I wait a while before starting anything?). With just one card, I feel like I should get another card to have at least two going right now.
Just looking for a gameplan!
Damn everyone gets better limits on their WF than I did! lol
I was also denied for the cap1 secured card, but they gave me the plat with a $3000 limit. I would wait for the WF to report (I think mine reported within a week or so), and then maybe try for the citi forward student or something else you can actually make use of.
Remember cap1 does a triple pull, so you have 1 inquiry from cap1 on each report.