Hello there.
I am new to this forum and just wanted to let everyone know that it has helped me a lot in understanding the credit scoring scenario, and then applying it to my advantage.
I and 28 and came to the US a little over a year ago. Starting from scratch was a little hard in the beginning with all the 'Credit' hungry banks and apartments and credit card companies, which meant that I was left with only a Capital One secured card to start with. I just stumbled upon this forum and started to read regularly to get a better grip of what really are the basics behiind the credit scoring system, the factors which influence it, and the easiest ways in which I could literally "blow" it all away.
The best virtue that I learnt from it was to be patient. I worked with my Cap 1 secured MC for more than 6 months with a CL of 450. Long story short, in the last 2 weeks I have got a Chase Freedom with a CL of 3000, Discover IT with CL 750, and a Macy's cars with a CL 800, in addition to a best buy card (CL 1200) which I got a few months earlier. Even though the CL on the cards is not too high, but I take comfort from the fact that till now I have had no denials on any of my app.
I plan for no more app this year. My cyrrent scores are EX- 704, TU- 691, EQ-??.
I just want to say thanks to all the people who have helped countless novices like me.
Any inputs are welcome.
CHEERS!!!
Chase Freedom $27,700 / Chase Sapphire Preferred $35,800/ Amex Blue Cash Preferred $60,000/ Amex Platinum NO Limit/ X1 Visa $31,000/ APPLE Card $15,000/ CITI Costco $11,000/ Macy's $18,800 / BestBuy Visa $ 8000 / Amazon Card $7000/ CHASE United Explorer $7000/ ULTA $9500/ Neiman Marcus Visa $4500/ Cap 1 secured card 751/ LOFT $1250
Starting Score: EQ 717 EX 724 TU 736
