Hi All, I've been lurking around the forums for awhile and have gotten really good advice...Here's my story, I ruined my credit as a college student 20 years ago. I have worked to repair it and right now scores range from 650-680 (EQ- TU). I had a home built 3 years ago but I have still been nervous about applying for credit cards since my past horrible experience. Well. I recently bit the bullet and went on an app spree, sort of...
AMEX Everyday- Instant Approval $1000 limit
Discover It -can't approve instantly but received an approval email 3 days later that it was approved $500 limit
Cap One QS1- instant approval $3000
Walmart- prequal received in the mail...$1200 limit
Macys- denied because of past history with creditor ( I haven't had a Macy's card since 1993!)
Southwest - denied debt to income ratio to high- called to recon and they said my deferred student loans were the factor
Chase Freedom- denied - called to recon and 2010 repo was the factor
I also have Cap One secured $1000 limit (5 years).
car loan bal $9800
Facts: working on my PhD so I am a student for the next few years, $70k income, no lates last 5 years, repo 2010 (reporting as paid though)
any thoughts/suggestions on what I should or should not be doing would be greatly appreciated.
Thanks
