Re: Got First Credit Card - Next Step?
10-07-2012 07:58 PM
Just a suggestion, if you're going to app, do it in spree. That way HPs all age off at the same time rather than slowly slipping off over months. Just my personal opinion.
So i may be too new to challenge your advice or to give out my own (and i know that many ppl on this forum love sprees and are sucessful), but aren't app sprees frowned upon?
I read that these socalled app sprees can be seen that a borrower is in bad need of credit and thus a much more riskier applicant.
Of course it could be seen that way. There's always the YMMV of course. I'm not suggesting doing like 12 apps or anything, Ususally only 3-4 max. Then with a year of gardening the accounts are gaining strength.
Starting Score: 504
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!