Lucky day. I just started my credit life (got my social in January 2018) and I already have this cards:
Westlake financial: 7,000 ($323 monthly)
Personal loan: 2,800 ($220 monthly)
Amex delta (authorized user) : $2,300
capital one : $500
credit one : $1,200
My credit usage is around 50% on every card. Paid in full almost every month.
last weekend I’ve applied and got approved for:
rooms to go: SL $2,500 asked for CLI and got approved $7,500
guitar center: SL $1,100 asked for CLI and got approved $4,000
discover it: SL $1,000
best buy citi visa: $2,000
my fico score is 689
Welcome! Welcome, welcome!
Congratulations on your approvals.
Please read other sections of the community. Don't end up having to rebuild, like me. Many good lessons to be learned arounf here.
CONGRATS @MABEZ on your Approvals, your CLIs, and Welcome to the Discover and Citi families and the FORUMS - That's how it's DONE!!!
Congrats on your credit card approvals! Way to go!
I’m not an expert on credit. I just look my credit score numbers on credit karma. And westlake send me monthly statements with my balance and “fico” score.
Congrats on the approvals! Good for you!
As for your scores, the ones lenders use the most to determine credit are Fico 8 scores, not the ones on Credit Karma. Also, not sure which version of Fico your bank sends as banks can have access to different Fico scoring models. To receive your true Fico 8 scores, you can do a trial run at creditchecktotal.com for $1 and learn your scores. But be sure to cancel within the 7 days or you will be charged something like $29.99 per month.
If you don't want to worry about canceling a membership, etc. You may obtain your Ex and Tu Fico 8 scores through Discover. Disco will give you a Fico 8 TU score within a month or so when you login to your account. An updated score is provided once per month. Discover also has a free Fico 8 Ex score that anyone can obtain, no need to be a card member. The website is www.creditscorecard.com.
Hope this helps.