Wanted to share this for anyone looking for a cc to help your rebuild. A few months back i responded to and approved for an offer from Merrick Bank for a Credit Card with 550$ limit that would double after 7 months with on time payments. Well I just past the 7th statement and recieved an email stating my limit increased to 1100 as of today. I used it up to around 50% of CL and PIF every month except one where I left 50$ balance. This isnt the only card I used to rebuild, Discover secured ( Graduated a couple weeks ago) , 2 - cap 1's and first premier also along for the journey.
My FICO 8's when i got the card were EQ 612 , TU 603 , EX 625 as of today they are EQ 633 , TU 639, EX 648.
Jan 5th is the 2 yr discharge date of my ch 7. I began reading this forum learning about credit scores in March '18 and raised my scores about 100 points and put myself in line to start the process of buying a home in the next month or so..
|Total Credit: $240,100||Credit Utilization: 1%||AAoA: 5 years, 7 months||Installments: Car Lease, Marcus Loan||Negatives: 0|