Credit increase

[coachmiff]

Finally got my credit scores up to 700--trying to get credit back to pre divorce stage of about 50k--currently have navy visa 7000/usaa 1500/military star 2500

Thinking about asking Navy fcu for line of credit on checking for 5000 and rewards visa hopefully 10k (both at the same time)

resume:  income 46k      uti 4%---aaoa2.5 years-- 5 inquires in last year-- oldest apr 2012--newest aug 2012--3 co's 0 balance 2008--no coll or public records

advice--wait for inquires to go away?  apply when 6 months on all of them has past? Suggestions on cc's to apply for--or just sit tight?

asking since i just ran equifax report and they said i didn't have enough accounts(10--4open) and inquiries were high--help the new guy please! payment history good and total debt good(4k)

[creditnocash]

are you applying for a home soon? 

Personally id wait till the inq's age so you have a better shot  at a higher limit. 

I myself am not a member of any cu but ive heard they are pretty generous but are hard pull happy. 

[coachmiff]

looking at buying a house in about 5 years--car paid for.

[Anonymous]

You might want to wait until your oldest account is 3 years old and the inquiries age but you have a good chance of getting a Chase Freedom I think right now. Your Util is superb.

What TLs are contributing to the $4K in debt?

[creditnocash]

what is the 3 co's?

if your not applying for anything major in the next five years i wouldnt worry about it. 

as for other cards. 

are those the only three you have right now? 

you should apply for cards you need not want. 

are you a frequent flyer, or a cash back connoisseur? 

Every card has it's purpose you just have to know what you want first. 

[Anonymous]

Having 2-3 CCs is ideal when building credit for a mortgage but your credit score already qualifies. Why are you waiting 5 years to apply for a mortgage? You may miss out on the historically low rates.

[Anonymous]

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@coachmiff wrote:

Finally got my credit scores up to 700--trying to get credit back to pre divorce stage of about 50k--currently have navy visa 7000/usaa 1500/military star 2500

Thinking about asking Navy fcu for line of credit on checking for 5000 and rewards visa hopefully 10k (both at the same time)

resume:  income 46k      uti 4%---aaoa2.5 years-- 5 inquires in last year-- oldest apr 2012--newest aug 2012--3 co's 0 balance 2008--no coll or public records

advice--wait for inquires to go away?  apply when 6 months on all of them has past? Suggestions on cc's to apply for--or just sit tight?

asking since i just ran equifax report and they said i didn't have enough accounts(10--4open) and inquiries were high--help the new guy please! payment history good and total debt good(4k)

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If your history with Navy Federal is old on both Visa and banking accounts ( a year or longer ), you might stand a good chance with a LOC and, perhaps, another credit card.  It will cost you two separate inquiries, though.

Your chances improve with age of your accounts with them and your military status.  

[coachmiff]

actually miss spoke car will be paid for in  sept 2013 thats 3100 of the total 4k---spending time the next 5 years to see where I want to retire--also social security will kick in--yes old guy(56)--other question is should i pay off car early?

[coachmiff]

3co's from divorce--1 cap 1 and 2 hsbc-ex was suppose to pay them and didn't--in my name and i refused to pay them--dumb on my part

[coachmiff]

navy account opened july 2012