@Anonymous wrote:
I agree it was a little bit gutsy for me to go for the cards, but at this point I needed to open some lines to get things going in the proper direction.
I figured the Cap One would go through since I have been good with their secured card, but the Barclays was a total shocker to me.
I also had my signifcant other add me to her Quicksilver as an AU which gave me a little postive history with CAP1.
Either way, I'm pleased. I went from having a $200 secured card to over 2k in a weeks time. I will probably close the secured card at some point here since its so new and low balance. Sound like a good idea?
No..it does not sound like a good idea! Leave it open. Doesn't matter if it's a kiddie limit or not...I'm not a fan of closing cards...especially if you are in rebuild more and it isn't a Credit One card, where they charge you a monthly fee regardless.
Also, I think that someone else said it best; I'd suggest that you DON'T app for anything else right now and put the brakes on for six months. That way your scores have a chance to increase and you can app more confidently for a card like a Chase Freedom. In my estimation from going through all the information on here and reading 100s of post, app'ing for the Barclays now will turn up into a DECLINE. Better for you to slow down and give yourself a chance to win.
