February was a BUSY month!

Anonymous · ‎03-04-2016

Last month I apped for a pre-approved Capital One & it was approved for $300! I stumbled upon myFico (but did not sign up) and after reading alot of the posts, I app'd for the Quicksilver-approved $500! This prompted me to pull my report (I work at a car dealership) and alot of old debts have fallen off. Which helped me understand the automatic approvals I had been emailed from NY & Co (July 2015) and Overstoock.com (January 2015). So I decided to appply for a couple of jewlery store cards because I've heard (in the car biz) that they are easy approvals. I was approved for a Kay's and a Jared's card, both $1000 cl!

My question is, should I just sit on these for a while? Or can anyone recommend anything else that would help build better credit?

I do not have any open installment credit. Plenty of paid off and one repo that is a year old and currently in a new payment plan.

My score's are high 500's and I'd really like to see them in the 600's.

Anonymous · ‎03-04-2016

Congrats on the approvals OP. Due to the most rescent apps and approvals, I would sit on those for a while before applying for any more new credit.

Anonymous · ‎03-04-2016

@Anonymous wrote:
Congrats on the approvals OP. Due to the most rescent apps and approvals, I would sit on those for a while before applying for any more new credit.

+1 and Welcome to the forum !!

AzaleaB · ‎03-05-2016

Congrats on your approvals. Yes it makes sense to sit on these for a bit. I think you can get a Cap1 SP CLI in 6 months or so. Not a Cap1 expert but my niece had similar scores and got a CLI in 6 months.

Starting Score: EX:570, 8/2011
Current
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TU08:847 Inqs(12 mo): EX/0, EQ/0, TU/0
Goal Scores: 800+
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