@Anonymous wrote:
Yeah.. it's quite difficult although it's a relieving picture when it comes to looking at the balance..
Ask DCU about a card for the same hard pull. You will likely get 5K.
Would I have to call and ask for this as I applied online ?
Cap 1 Venture and if approved, same day apply for Cap 1 Venture One + DCU
Would you mean to go for all 3 cards at once ? Wouldn't that ding me w/ inquiries ?
Just ask DCU if they can give you a credit card without another hard pull (they will already have two!).
Cap 1 will pull all three credit reports, so as I understand it, if you apply for both cards, like at the same time at your computer (obviously only if the first one is approved), the two inquiries per bureau "merge" into just one inquiry per bureau because they are the same date from the same lender.
People often do this stuff when they first get a mortgage, The loan funds and before it hits the reports, they go on an "app spree" and apply for the cards they want.
You sound pretty conservative in terms of applying for credit, which is a very good thing. Don't be getting a bunch of store cards (one is fine and helps with FICO score). But having a total of 5 cards is a nice place to be. And once you get some 5K or 10K lines, you can later get that much or more as new lenders try to match or beat your old credit limits.
I would focus on getting that car loan. Then ask DCU for a credit card. Assuming this goes well, go for the Cap 1 Venture, and if approved the Venture One. You could do the Quicksilver, but it tends to give limits of 3K to 5K, versus Venture which is 5K to 15K or more based on income and FICO scores.
1. Car Loan.
2. DCU credit card.
3. Cap 1 Venture. If approved, immediately apply for Venture 1 (like 5 minutes later).
4. Stop!! Chill out!!
5. Wait at least six months before applying for anything else while you study up and decide what, if any, other cards you want - for rewards points, cash back, low interest rates, whatever.
