Thanks for your advice in advance. I currently have 3 secured cards (BOA, local bank, Cap 1) which I got in June and am interested in trying to get an unsecured card here at some point. About a month ago I checked the Capital One Pre-Qualified Offer App and was "offered" the Platinum and QuicksilverOne cards. I decided to hold off and wait until I cleared some stuff off of my credit reports before applying. In the last month, I was able to remove 20% of my negative accounts. I am currently challenging with debt validation letters accounts that make up around 20% of my negative accounts. The rest are student loans which I am in the default rehabilitation program for and will see some minor improvements on in a few more months when the default status is removed and the loans are resold.
I do not have any need for credit for at least the next year or more, so I am wondering if It is a good idea for me to try for one of these cards now or if I should wait a few more months in case I am able to clear off a few additional negative trade lines. I understand it isn't a race and I cannot make up years of bad decisions with a few good months but I finally have a secure job that is allowing me to try and fix mistakes I made in the past and don't want to waste potential opportunities. I am open to any suggestions if I am approaching this all wrong.
