topic Re: FINALLY seeing some PROGRESS!!! in Rebuilding Your Credit

FINALLY seeing some PROGRESS!!!

ERoosky99 — Mon, 15 Sep 2014 22:32:12 GMT

I applied for a 2nd credit card with Capital One on Aug 26, 2014. Today, Sept 15, 2014, I found out that I was APPROVED with a $2000 credit limit! I am so happy that my HARD efforts are starting to pay off. I know the limit isn't much, but it is a tremendous progression for me. To think that I was just DECLINED a SECURED credit card with Wells Fargo back in May 2014 (when I had NO CREDIT CARDS since 2004)! Now I have four...

I pay my bills on time, keep my utilization below 10%, and STILL learning to be patient! If I can rebuild, ANYONE CAN!!! I'm looking forward to obtaining new/better lines of credit in the future (e.g., American Express and Discover).

Re: FINALLY seeing some PROGRESS!!!

Amleigh — Mon, 15 Sep 2014 22:43:53 GMT

Congrats! Hard work does pay off!

Re: FINALLY seeing some PROGRESS!!!

ERoosky99 — Mon, 15 Sep 2014 22:49:43 GMT

@Amleigh wrote:
Congrats! Hard work does pay off!

THANK YOU and YES IT DOES!!! You have to be persistent!

Re: FINALLY seeing some PROGRESS!!!

alienfico — Mon, 15 Sep 2014 22:55:15 GMT

Congratulations!!!!!

Re: FINALLY seeing some PROGRESS!!!

Anonymous — Mon, 15 Sep 2014 22:59:22 GMT

Congrats!!!! Luv reading success stories

Re: FINALLY seeing some PROGRESS!!!

Imperfectfuture — Mon, 15 Sep 2014 23:13:09 GMT

Congrats, I too have those same goals. Patience is KEY!!! Good luck on your journey

Re: FINALLY seeing some PROGRESS!!!

ERoosky99 — Mon, 15 Sep 2014 23:16:19 GMT

@alienfico wrote:
Congratulations!!!!!

THANK YOU!

Re: FINALLY seeing some PROGRESS!!!

ERoosky99 — Mon, 15 Sep 2014 23:16:55 GMT

@Anonymous wrote:
Congrats!!!! Luv reading success stories

THANKS; ME TOO!!

Re: FINALLY seeing some PROGRESS!!!

ERoosky99 — Mon, 15 Sep 2014 23:18:30 GMT

@Imperfectfuture wrote:
Congrats, I too have those same goals. Patience is KEY!!! Good luck on your journey

THANK YOU! Keep up with your efforts, and I'm sure you wil reach them!

Re: FINALLY seeing some PROGRESS!!!

Whitneyy — Tue, 16 Sep 2014 01:50:15 GMT

Congrats!

I'm curious to know, did they take that long to approve you? They made you wait to find out in the mail or something other?

Re: FINALLY seeing some PROGRESS!!!

ERoosky99 — Tue, 16 Sep 2014 02:16:40 GMT

@Whitneyy wrote:
Congrats!

I'm curious to know, did they take that long to approve you? They made you wait to find out in the mail or something other?

They asked me to send them documentation proving my social security number and address on the day that I applied. I immediately drafted a letter and attached a recent bank statement and my SS card. I have NO IDEA why the process took so long. I just kept calling them, literally every other day! I called today, and they told me that my app was approved yesterday on 9/14/14. Words can't express how thankful I am that the app was not a wasted inquiry; esp. since Cap One pulls from all 3 CRAs!

Re: FINALLY seeing some PROGRESS!!!

Whitneyy — Tue, 16 Sep 2014 02:33:06 GMT

@ERoosky99 wrote:
@Whitneyy wrote:
Congrats!

I'm curious to know, did they take that long to approve you? They made you wait to find out in the mail or something other?
They asked me to send them documentation proving my social security number and address on the day that I applied. I immediately drafted a letter and attached a recent bank statement and my SS card. I have NO IDEA why the process took so long. I just kept calling them, literally every other day! I called today, and they told me that my app was approved yesterday on 9/14/14. Words can't express how thankful I am that the app was not a wasted inquiry; esp. since Cap One pulls from all 3 CRAs!

Asking because a friend of mine applied for a secured card on Friday and she has NO credit and they said they would send results by mail. I told her to call a backdoor number and the person who answered even told her to wait for something by mail. I thought it was odd, but we will see what the outcome is.

Re: FINALLY seeing some PROGRESS!!!

Mortalito77 — Tue, 16 Sep 2014 02:49:32 GMT

Hi,

It's been a few days since I logged online, but everytime I do I find good news like yours. Unlike others, I like to explore into your success and give you more than the typical "congrats" because since I started rebuilding, I take myself and others in here very seriously. I am happy for you, and I am extremely glad that you are seeing progress. I have one thing to tell you actually.. Do you remember when you got declined for a secured card? I'm sure you do, what if TODAY 9/15/14 after seeing some your success, you could go back in time and talk to yourself few months back when you got declined for a secured card. What would you have told that guy? would you have told him that things would get better to hang on??, that soon he would get approved for a few cards??? or would you say, " Oh well, the limits you would get with your future cards are not going to be so great " the story here is, it doesn't matter what your limits are.

You have achieved, you have moved forwards towards your personal goals. In my mind, I don't personally care if I got low limits as long as my goals are accomplished with an American Express, Discover, or any other companyt worth being customer of just like some of the greats members here. Remember, we will always do better, we learned from our mistakes, and now we are fixing them to reach our goals. Have a good day!

Enjoy your cards!

Re: FINALLY seeing some PROGRESS!!!

ERoosky99 — Tue, 16 Sep 2014 03:19:59 GMT

@Whitneyy wrote:
@ERoosky99 wrote:
@Whitneyy wrote:
Congrats!

I'm curious to know, did they take that long to approve you? They made you wait to find out in the mail or something other?
They asked me to send them documentation proving my social security number and address on the day that I applied. I immediately drafted a letter and attached a recent bank statement and my SS card. I have NO IDEA why the process took so long. I just kept calling them, literally every other day! I called today, and they told me that my app was approved yesterday on 9/14/14. Words can't express how thankful I am that the app was not a wasted inquiry; esp. since Cap One pulls from all 3 CRAs!
Asking because a friend of mine applied for a secured card on Friday and she has NO credit and they said they would send results by mail. I told her to call a backdoor number and the person who answered even told her to wait for something by mail. I thought it was odd, but we will see what the outcome is.

It took them one day short of THREE weeks to decide for me, so there is hope for your friend! I would suggest that they call whenever they can and ask for a status update.

Re: FINALLY seeing some PROGRESS!!!

VinnyVee — Tue, 16 Sep 2014 03:21:58 GMT

Congrats! It's such a great feeling! Had it not been for my Kohl's charge over a year ago I don't think I'd have mustered up the motivation to start focusing on my credit.

Re: FINALLY seeing some PROGRESS!!!

ERoosky99 — Tue, 16 Sep 2014 03:35:13 GMT

@Mortalito77 wrote:
Hi,

It's been a few days since I logged online, but everytime I do I find good news like yours. Unlike others, I like to explore into your success and give you more than the typical "congrats" because since I started rebuilding, I take myself and others in here very seriously. I am happy for you, and I am extremely glad that you are seeing progress. I have one thing to tell you actually.. Do you remember when you got declined for a secured card? I'm sure you do, what if TODAY 9/15/14 after seeing some your success, you could go back in time and talk to yourself few months back when you got declined for a secured card. What would you have told that guy? would you have told him that things would get better to hang on??, that soon he would get approved for a few cards??? or would you say, " Oh well, the limits you would get with your future cards are not going to be so great " the story here is, it doesn't matter what your limits are.

You have achieved, you have moved forwards towards your personal goals. In my mind, I don't personally care if I got low limits as long as my goals are accomplished with an American Express, Discover, or any other companyt worth being customer of just like some of the greats members here. Remember, we will always do better, we learned from our mistakes, and now we are fixing them to reach our goals. Have a good day!

Enjoy your cards!

Thank you very much, and I sincerely appreciate this post!! When I applied and was denied a secured credit card I felt the lowest of the low... I didn't even know it was POSSIBLE to be denied a secured credit card!!! I try to post both my success and failures in hopes that it will help SOMEONE out there. I actually just applied for a the Amazon.com store credit card tonight and was approved with a limit of $600! It's awesome how much progress can be made in a short time . . . I knew my situation could get better with work, but didn't know it could be THIS QUICK.

Now I have the following credit cards:

$300 - QuicksilverOne by Capital One (this card was upgraded last month from the Capital One Classic Platinum MasterCard) CLI to $500 in Nov 2014 via Credit Steps Program

$200 - OpenSky Secured Visa Credit Card

$250 - Walmart Store Credit Card

$2000 - Capital One Platinum MasterCard

$600 - Amazon.com Store Credit Card

I plan to, as they say, "Garden" until May 2015 and re-apply for the Barclaycard Rewards MasterCard that declined me last month. They said that everything looked OK, but that I only had one card open (at the time of application) and for only three months; and, they would like to see how I handle mutliple cards for AT LEAST 9-12 months. We shall see...

Re: FINALLY seeing some PROGRESS!!!

ERoosky99 — Tue, 16 Sep 2014 03:38:22 GMT

@VinnyVee wrote:
Congrats! It's such a great feeling! Had it not been for my Kohl's charge over a year ago I don't think I'd have mustered up the motivation to start focusing on my credit.

THANKS! You have a couple of the cards that are on my wish list for next year (Barclays and Discover It)!!

Re: FINALLY seeing some PROGRESS!!!

Jerry45 — Tue, 16 Sep 2014 15:05:09 GMT

Congrats! Might be time to check out the Pre Qualify Sites.

Re: FINALLY seeing some PROGRESS!!!

alvon123 — Tue, 16 Sep 2014 20:13:16 GMT

congrats

Re: FINALLY seeing some PROGRESS!!!

ERoosky99 — Wed, 17 Sep 2014 03:40:12 GMT

@Jerry45 wrote:
Congrats! Might be time to check out the Pre Qualify Sites.

THANKS! The only one that shows me love is Chase for the Freedom or Slate, but I'm going to hold out for now.