I have ZERO credit cards - the only trade lines I have are autos.
My credit scores were over 700 on Oct 13 - but fell to 650-680 after attempting in applying for credit cards (and after a new auto line was added)
All credit applications were declined either because for too many inquiries or too little accounts.
Anyone have recommedations?
Declined by: Capital One, Local CUs, Navy Fed, Barclays, BofA, US Bank, Comenity and Syncrhony.
Okay! THank for you replying!
How about Self-Lender?
I doubt Self Lender would be of any use in your case. As you have said before, you already have auto loans and another new one. If you got declined, as Gmood1 said, grab a secured CC and start from there. I would not get Credit One if I were you.
Self Lender is useful for those with no installment loan history on credit file.
EDIT: I didn't see you have tried Discover.
I would open two secured cards from two good banks like Cap One and Discover then wait 13 months to apply for anything. After 13 months I would apply for Capital One and Discover and Amex.
In the mean time check Merrick Bank for prequal.
DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!5% Rotating - Discover 5%-20% - Amazon & Lowes 3-6% Groceries - NFCU & Amex Preferred
Thinking of Discover....
1. Sign up for Credit Scorecard (free through discover. do not need to be a member)... and get a free FICO score and put yourself on their radar....this is a SP btw... once every 30 days or so you can go back and get a fresh FICO score from them)
2. Wait a bit.. id wait a few days..
3. See what pops up in your email... You can also try a Discover prequal ... Trying to see if you might be able to get an unsecured Disco... They arent afraid of thin and clean files.... Think you have a chance but Discover doesnt offer you a secured if your declined the regular one these days.. its a separate app...
Or you can do steps 1 and 2 and directly sign up for a secured Disco... If you wait.. you might be offered a secured discover right from CS...
Not a guarentee but think you have a good chance of getting a secured discover but think it might be a good idea to put you on their radar for offers... plus it gives us one FICO CRA score to work with... (and its a different CRA than the one that you get with the card account)
You must be a member of NFCU since you applied there. If you can muster it, apply for a $500.00 nRewards secured card today! With that reporting, your score will jump and will be the stepping stone to unsecured cards very soon. In a couple months, I bet that unsecured denial from Navy turns into an approval... before the secured card graduates. Just pay on time and in full. I wish I was inyour situation, you are very close to the promised land.
Have you tried the American Express prequalification?
If you are looking at secured cards, look for secured cards that graduate.