topic Re: When do I graduate in Credit Cards

When do I graduate

Jesedmotherof5 — Wed, 23 Apr 2008 22:24:49 GMT

Okay so I have a list of subprime cards

Plains 2 years

Tribute 2 years

Orch 1 year

Credit one 1 year

sams 1 year

Cap 1 5 mons

When Do I get to get more prime cards with better CL. What is the next step so I can sockdrawer these? Who is the next step? I was thinking Citi or Chase... but I gotta work on my EQ score... I jsut want a goal to set for these. Im going to request a CLI for tribute, CAP1 and Credit one once my UTI updates on my report... I was using the cards lots but didnt know about the UTI stuff...

Re: When do I graduate

Red1Blue — Wed, 23 Apr 2008 22:31:00 GMT

Not knowing the baddies it is hard to tell. Looks to me from your scores you should be able to get a decent card from Citi/Chase/BOA. You can also try National City which is little bit easier to get than the major cards.

Re: When do I graduate

Jesedmotherof5 — Wed, 23 Apr 2008 23:18:59 GMT

Thanks- i have a little work 2-3 baddies per report oldest a few will fall by aug some need to be re- DV'd. and a Dept of Ed PIF that I need to report as paid and GW the heck out of them. Maybe next month when my UTI reports I will try chase and citi

Re: When do I graduate

Anonymous — Wed, 23 Apr 2008 23:33:18 GMT

Do you have any older accounts? Based on your figures, your average credit history is a little less than 10 months old. You might wish to get the baddies off your report, get CLI, and get more age on your accounts. If not, you could give WAMU a try.

Message Edited by FaircreditguyFL on 04-23-2008 04:33 PM

Re: When do I graduate

Jesedmotherof5 — Thu, 24 Apr 2008 14:29:16 GMT

Tran says history is 11 years average 4 years, experian says short history Eq says 11 years, average 4 years. I had some stuff paid off 2 cars and a small loan, 2 accounts Macys and JCoennies were CO but have zero balances and dont list as derogs and they really really really help my history as they were 8 years ago... so i dont want to take them off unless they hurt.

Re: When do I graduate

Marvintran — Thu, 24 Apr 2008 16:06:23 GMT

With those Scores I think if you want a major CL of 5000 or more you might have to sign

up with pen fed or nfcu is a better chance of getting a decent CL.

Re: When do I graduate

Anonymous — Fri, 25 Apr 2008 01:14:14 GMT

@Jesedmotherof5 wrote:
Tran says history is 11 years average 4 years, experian says short history Eq says 11 years, average 4 years. I had some stuff paid off 2 cars and a small loan, 2 accounts Macys and JCoennies were CO but have zero balances and dont list as derogs and they really really really help my history as they were 8 years ago... so i dont want to take them off unless they hurt.

Are you saying you CO accounts are not listed as CO? If so, they actually help your FICO. Even if they were reporting as CO, you would still receive credit for the history of the accounts. Paid installment loans are good for Fico, too. My question is why is your FICOs so low? No derogs at all? If I were you, i would join a LOCAL credit union who can serve your immediate needs. When your scores are stronger I would try a larger CU.... get rid of your starter cards.

Re: When do I graduate

Anonymous — Fri, 25 Apr 2008 01:18:59 GMT

I would say hold off on Citi with your EQ score. It should be mid to high 600's at least with them.

Re: When do I graduate

Jesedmotherof5 — Fri, 02 May 2008 15:35:12 GMT

okay since Im working on the baddies I want to get the research done first..

National city seems to pull TU and idea what the score should be

Citi bank- love them for all my approvals for the biz - Mid 600s what Report?

Chase- same as above

care credit plan any idea who they pull and what the score should be?

Target Store card.... I shop thier once a week, do you think thier new check card would convert to the store card if used alot... PS I had a CO for them 8 years ago do they blacklist?

Who eles???/

Since some of my cards were rebuilder cards when scores were in the 500s do you think they will go for a product change to more prime cards with higher limits?

Im soo done with subprime..... especially ORCH.

Message Edited by Jesedmotherof5 on 05-02-2008 08:35 AM

Re: When do I graduate

Trishco — Fri, 02 May 2008 18:46:57 GMT

I was recently delined by National City with a TU of 672 and my cr showing 8 inquiries.

No baddies in last 3 yrs, but they apparently don't like inquiries in last 5 months based on denial letter nor new inquiries!

Citi doesn't like many inquiries either...*cough cough* not that I would know from a denial or anything...lol...ymmv

Re: When do I graduate

Anonymous — Fri, 02 May 2008 18:53:42 GMT

Citi is known for pulling EQ and they have diff standards for Biz cred and personal. I think it was concord that was at one point having trouble getting in with them personally and had a lot of Biz cred with them.