topic Re: A Rebuilding Story in Credit Card Approvals

A Rebuilding Story

Anonymous — Fri, 26 Sep 2014 17:02:27 GMT

Well, firstly I want to thank everyone that participates in these forums. A lot of good advice and good direction.

So, I want to say that in the last six months I have completely turned around my available credit. I started with an old Capital One Card with a $470 limit I have had forever. Was the only credit card I had after my divorce.

In any event, I want to share what cards I got, when, and so on in the hopes that others might be able to take advatege of this oppoertunities. I work hard and have a high income, so your mileage may vary from mine.

LLBean Visa from Barclays - 3/14 - $1,200 (I shop at LL Bean quite frequently so the bonus certificates are nice).

Capital One Platinum - called and complained and got a $500 increase. 4/14

Capital One Quicksilver One - 4/14 - had to send income verification, $3,000 line; increased to $10,000 in 9/14 after making the fifth payment.

Discover Chrome - 4/14 - $1,500

Amex Green - 3/14 - fairly easy to get, spending ability $10,000 generally.

Liberty Bank and Trust, New Orleans, LA - 8/14 - applied online; had to upload income verification and identification, $10,000 line with 9.9% interest; no frills. I highly recommend this card especially the interest rate.

USAA Amex Cash Rewards - 9/15 - $5,000

Barclay's Black Card - 9/15 - $5,000 - I know this is an unpopular card but the travel insurance and airport lounge stuff will more than pay the $495 annual fee. If you travel by air a good bit, this is a worthwhile card. If you don't, it isn't.

Amazing what you can accomplish in six months. Having more than $30,000 in available credit is a nice feeling. Keeping my utilization at 1%. We'll see how all this grows. My credit score went from 626 to 676 over these six months despite the inquiries. I highly recommend Liberty Bank & Trust if you qualify geographically to apply.

Re: A Rebuilding Story

Anomalous — Fri, 26 Sep 2014 17:45:52 GMT

Awesome rebuild journey!! Congratulations!

Re: A Rebuilding Story

Anonymous — Fri, 26 Sep 2014 17:45:55 GMT

Congrats

Re: A Rebuilding Story

One7 — Fri, 26 Sep 2014 17:53:54 GMT

Congratulations on all your success, very awesome

Re: A Rebuilding Story

b_diddy — Fri, 26 Sep 2014 18:07:04 GMT

This is great. Congrats!

Re: A Rebuilding Story

coldnmn — Fri, 26 Sep 2014 19:52:19 GMT

Congrats! Welcome to the forum and thanks for sharing.

Re: A Rebuilding Story

alvon123 — Fri, 26 Sep 2014 20:09:45 GMT

congrats

Re: A Rebuilding Story

Anonymous — Fri, 26 Sep 2014 21:07:03 GMT

I forget to mention the Liberty Bank & Trust card is a Visa Gold. The bank is African-American owned and prides itself on giving folks a fresh start after credit mistakes. Have talked to them and they are very nice folks.

Re: A Rebuilding Story

MissMoni223 — Sun, 28 Sep 2014 21:16:46 GMT

CONGRATS on your success!!!

Re: A Rebuilding Story

Anonymous — Sun, 28 Sep 2014 22:20:50 GMT

Congrats, very nice, good for you.

Re: A Rebuilding Story

Tony275 — Mon, 29 Sep 2014 07:30:24 GMT

Not a bad journey!! Welcome to the garden! Watch those accounts age and grow!