topic Re: To Apply or Not to Apply in Credit Cards

To Apply or Not to Apply

MzCharming — Mon, 11 Aug 2014 18:26:33 GMT

Basically, my EQ score has hit 550 and I really wanted to pull the button on a card or two. Is there any advice on what might go through without a hitch. I am still working on a Cap One CO. So they are DOA right is sec.

Any Advise will help.

Re: To Apply or Not to Apply

Closingracer99 — Mon, 11 Aug 2014 18:27:41 GMT

err I think Capital one is one of the few that would take you at that score TBH lol... err Credit one or first premier maybe?

Re: To Apply or Not to Apply

Creditaddict — Mon, 11 Aug 2014 18:27:53 GMT

@MzCharming wrote:
Basically, my EQ score has hit 550 and I really wanted to pull the button on a card or two. Is there any advice on what might go through without a hitch. I am still working on a Cap One CO. So they are DOA right is sec.

Any Advise will help.

no, I would say you need to wait until you are at 600.

Re: To Apply or Not to Apply

Anonymous — Mon, 11 Aug 2014 18:31:21 GMT

I was thinking.... 620 at least just for a good capital one.... Or 650+ for anything else. PLus, only ones that are BK friendly

Re: To Apply or Not to Apply

Closingracer99 — Mon, 11 Aug 2014 18:32:16 GMT

@Anonymous wrote:
I was thinking.... 620 at least just for a good capital one.... Or 650+ for anything else. PLus, only ones that are BK friendly

He said he burned Cap one So I think that is a no go

Re: To Apply or Not to Apply

bigDEElight — Mon, 11 Aug 2014 18:35:17 GMT

I see you have a secured card with NFCU. Do you bank with another institution as well? Maybe a secured card there.

A Walmart store card might be good (if for nothing else, the free FICO score)

Re: To Apply or Not to Apply

PlasticOrPlastic — Mon, 11 Aug 2014 18:46:37 GMT

@bigDEElight wrote:
I see you have a secured card with NFCU. Do you bank with another institution as well? Maybe a secured card there.

A Walmart store card might be good (if for nothing else, the free FICO score)

With scores that low I'd wait on any apps. Break into the low 600's and keep a good payment history with no more baddies and you should be eligible for the Barclays rewards card. I got it with about a 620-625 score 1 year out of BK7.

Re: To Apply or Not to Apply

MzCharming — Mon, 11 Aug 2014 19:41:14 GMT

With NFCU. No go with them. maybe I will try for the Walmart Card

Re: To Apply or Not to Apply

Anonymous — Mon, 11 Aug 2014 19:46:13 GMT

Victoria Secrets shopping cart if you are offered.

Re: To Apply or Not to Apply

red259 — Mon, 11 Aug 2014 19:53:25 GMT

@MzCharming wrote:
Basically, my EQ score has hit 550 and I really wanted to pull the button on a card or two. Is there any advice on what might go through without a hitch. I am still working on a Cap One CO. So they are DOA right is sec.

Any Advise will help.

Stay in the garden. Your not getting anything decent with that score and the inqs will just set you back further. You don't need more cards at the moment. Work the two cards you have until you get into the 600s and then reassess. The only thing that is going to really help you at this point is time because that chap 7 is going to be a real weight around your neck for a couple of years.