@Acharmlessman wrote:I've been in the process of rebuilding for a couple years now. I first tried a FirstProgress secured card and after a year of it never reporting all my timely payments, i finally cancelled it (still hasnt shown up on any reports!). I switched to a Captial One secured card about 9 months ago ($200 limit) and have been keeping it under 30% with on time payments.
My score is slowly growing and I received a pre-approved offer last week from Walmart/Snychrony and opened a new card with a $600 limit. I was overjoyed, as this was the first unsolicited pre-approval i've ever had and is quite the milestone! This new trade line hit the reports 3 days ago, I havent even gotten the card in the mail yet.
Today I received a letter from Capital One for a Platinum card which states "We recently reviewed your credit information and designed an offer that we believe is the right one for you... right now." "Don't wait - you're eligible for this offer" with a reservation # and Access code. Also enclosed is a separate standard disclosure showing an APR (24.99%... high but im still rebuilding), no annual fee, etc.
Im excited that I recieved two of these in a week! My rebuildling efforts are paying off (thanks mostly to this forum!)
Considering the brand new trade line (that hit the bureau probably after this offer was already in the mail), and that this doesn't state explicitly "pre-approved", what do y'all think my chances of approval are?
I'd rather not bother if there is a chance that I may get denied. Im trying to be extra dilligent about my inquiries.
I think you should apply and you'll get approved. And when you do, then garden for awhile.... resisting any further temptations, and letting your scores grow.
And of course, after you apply, come back and tell us how you made out.
Good for you!! Can't wait to get my first pre-approved mail offer. Or a card that doesn't have a CL of $300...patience is a virtue 
