topic UGH in Rebuilding Your Credit

UGH

pnkgirl25 — Wed, 05 Dec 2012 16:19:35 GMT

Turned down for a Capital One Secured card? **bleep**... I used to have a CP! secured card a few years ago. I closed that card after I was approved for an Orchard and HSBC card that was non-secured....yeah stupid I know. Anyways, When CP1 merged with Orchard my orchard card was closed for some reason then same thing with HSBC. Never missed a payment, always paid balance off in full each month...etc. So Now I'm left with nothing and I was just denied a secured card with Capital One. I called the backdoor number for CAP1 and was told that since my old secured card account was closed at MY REQUEST they are unable to reopen it. They said I would have to reapply. So I did just that...denied... F'ing wonderful.

What gives

Re: UGH

pnkgirl25 — Wed, 05 Dec 2012 16:30:06 GMT

Here is my work up

I am paying the Macys account off next week.

I have written GW letters to all of the 120+ late Student Loan accounts. (Basically they were accidently left out of a consolidation...)

Sent GW to Toyota asking them to remover 3 (30 day) lates

Paid RJM (CA) for Union Bank last week. Sent Union Bank GW email asking for removal...got email back saying they would investagate and get back to me..that was Monday.

I have 12 inq. (just purchased a car so I was looking for financing).

Any other advice.

Re: UGH

annielorie — Wed, 05 Dec 2012 18:26:46 GMT

Try a credit union secured card after u get utiliztion reporting if no go with credit union last effort first premier you have to give 95 for 300 in CL and its like 75 fee but if u only buy a small item each month and PIF then it will do the job after 7 months reporting good credit go for another secured card or unsecured depending on yopur score they suck FP but if used properly they will get the rebuilding done Then at 13 months b4 new annual fees hit close it

Re: UGH

pnkgirl25 — Wed, 05 Dec 2012 18:33:04 GMT

I think I had a charge of with first premiere 15 years ago that I never paid how can I confirm that

Re: UGH

annielorie — Wed, 05 Dec 2012 18:36:55 GMT

I think it might be safe if it was that long ago but try credit union first FP last

Re: UGH

Anonymous — Wed, 05 Dec 2012 21:41:59 GMT

Never go FP. As Annielorie suggested, try the CU route. If not, BofA or US Bank offer secured cards as well. Really, FP has a greater chance of effing your credit up, than it could ever help your credit.. Not worth the risk..

Re: UGH

Anonymous — Wed, 05 Dec 2012 22:29:57 GMT

Applied bank is the secured card I got. I pay my bills online. Customer service is decent too. I heard they were terrible in the past but honestly seem pretty good to me after 11 months of use. Fees are high though. Instant approval they don't pull hard or soft.

Re: UGH

pnkgirl25 — Wed, 05 Dec 2012 22:32:55 GMT

I'll try them. Thanks

Re: UGH

Anonymous — Wed, 05 Dec 2012 22:35:55 GMT

4: Credit Inquiries
Here you will find the business names of those who have obtained a copy of your credit report, including lenders, landlords and employers. Remember, inquiries remain on your report for up to 2 years.

Sort By

CAP ONE

Business Name CAP ONE
Inquiry Date 9/13/2012
Business Type Bank Credit Cards
No Phone Provided

Mailing AddressO BOX 30281SALT LAKE CITY, UT 84130

CBCINNOVIS

Business Name CBCINNOVIS
Inquiry Date 8/28/2012
Business Type Mortgage Reporters
877-237-8317

Mailing AddressO BOX 1667PITTSBURGH, PA 15230

CAP ONE

Business Name CAP ONE
Inquiry Date 1/21/2012
Business Type Bank Credit Cards
No Phone Provided

Mailing AddressO BOX 30281SALT LAKE CITY, UT 84130

WEBBANK/DFS

Business Name WEBBANK/DFS
Inquiry Date 8/9/2011
Business Type All Banks - non specific
512-723-4755

Mailing Address:1 DELL WAYROUND ROCK, TX 78682

APPLIED BANKCurrent
No Phone Provided

Mailing Address:601 DELAWARE AVEWILMINGTON, DE 19801

Account Name APPLIED BANK
Account #
Account Type Credit Card
Balance $165.00
Date Opened 2/1/2012
Account Status Open
Mo. Payment $35.00
Close Account Details
Past Due
Payment Status Current
High Balance $221.00
Limit $200.00
Terms Revolving
Comments
24-Month Payment History

2010 2011 2012
DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV
OK OK OK OK OK OK OK OK OK

Re: UGH

Anonymous — Wed, 05 Dec 2012 22:52:51 GMT

I too liked Applied. I opted for the 0% interest card. It charges a monthly fee of $10 so I didnt use the card. I just paid the $10 every month. Really no complaints. I dont know why people are so unhappy with them

Re: UGH

Anonymous — Wed, 05 Dec 2012 22:58:10 GMT

Well they went by a different name back then but they shaped up after 2012 becoming a half decent bank. =) only complaints are the fees are high but beggers can't be choosers. The card you have is good especially with a 5000 limit, 129 yearly fee with no interest would be nice although you'd need to use it constantly to benefit from it.

Re: UGH

Anonymous — Wed, 05 Dec 2012 22:59:02 GMT

2010 not 2012. I hate typing on my phone =(

Re: UGH

pnkgirl25 — Wed, 05 Dec 2012 22:59:57 GMT

Thanks guys

Re: UGH

Anonymous — Wed, 05 Dec 2012 23:00:49 GMT

Yeah thats the one I use. The monthly fee isnt kind but its nice to know if I absolutely NEED to charge something substantial, I won't be paying interest on my own money!

Re: UGH

sphinx313 — Thu, 06 Dec 2012 02:38:29 GMT

Most of the no-name cards really won't grow with you or graduate. I would rather give my yearly's to a company that will one day roll my account over. Only a handful of those exist, but I'd rather that than having to close cards every few months/years as I got better ones. Everyone is different though. Just a $0.02 thing.

Re: UGH

annielorie — Thu, 06 Dec 2012 20:21:08 GMT

Kevin BLock55 Sometimes noone will approve even for a secured card which I think is assinine but I used them for 13 months paid my bill in full every month and well they have high fees but they did the job I needed done, also I was starting without any credit. Cards cant screw people if u use them wisely. I cant wait to close FP but as I said no problems here,.