20 inquiries am I screwed

[bournesto33]

So I want to apply for a small credit card to help build my credot ....right now I have 4 cc bbva 450 secured, security service unsecured 500, credit one 400 and care credit 800 with 36% uttilization .  my fakos are 650 across the board. I have two issues one is that due to a attemp at a car purchase I have 20 inquires(had 10 before car).  Two is that my care credit and credit one are 4 months old with the other two cards over a year....is it worth applying ? Or should I just wait I really want to get rid of my credit one card

[Rob314]

No your not... If i were you I would apply for anything a let you accounts age. Dont miss any payments. Good luck!

[Pupeitmeister]

you may have to Recon, but its easy to explain 10 inqs for a car loan blast by a dealer.  They LOVE to do this...

Many things go into consideration.... Let those 2 that are less then a  year hit 6 months..

keep UTI down, and then go on a mini app spree, 3 cards or so, plan them so you get 1 inq per CB if you can.  then come sit in the garden for a  year and watch the world bloom around you..

with 650s and low AAoA, it may not be easy to get high limits, but I would think if you could get ANYONE to replace the FP card, that would be awesome!!.. GOOD LUCK !!!

[-Wade-]

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@bournesto33 wrote:

So I want to apply for a small credit card to help build my credot ....right now I have 4 cc bbva 450 secured, security service unsecured 500, credit one 400 and care credit 800 with 36% uttilization .  my fakos are 650 across the board. I have two issues one is that due to a attemp at a car purchase I have 20 inquires(had 10 before car).  Two is that my care credit and credit one are 4 months old with the other two cards over a year....is it worth applying ? Or should I just wait I really want to get rid of my credit one card

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Your not in deep trouble! I would garden for a year tho

[bournesto33]

I would garden but I need a car sometime this year I have a 3rd on the way and want a nice used SUv, when I tried a month agoThey were offering me 10% and at that time my cc were maxed out. I'm hoping I'll be closer to 680 with them paid off after income 

[bournesto33]

So I tried amazon last night and didn't get denied or approved I got one of those we have to verify your application ....is that good or bad

[yudeology101]

I have 34+ INQs on my EX,  no one has knocked on my door yet.  You should be fine.  

[RushXTC]

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@bournesto33 wrote:

So I want to apply for a small credit card to help build my credot ....right now I have 4 cc bbva 450 secured, security service unsecured 500, credit one 400 and care credit 800 with 36% uttilization .  my fakos are 650 across the board. I have two issues one is that due to a attemp at a car purchase I have 20 inquires(had 10 before car).  Two is that my care credit and credit one are 4 months old with the other two cards over a year....is it worth applying ? Or should I just wait I really want to get rid of my credit one card

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I have 30 inquiries right now and for some reason I still keep getting approved for CLI's lol.

[clocktick]

Your 10 inquiries shouldn't count as 10 separate inquiries if they were all for an auto loan in a small time frame vs. spread out over months. 

[titanofold]

Right, the 10 inquiries for the auto loan count as 1 as far as FICO is concerned, provided that they were within a 2 week timeframe.

Don't apply for anything else. Ideally you want at least 6 months from your last inquiry before you apply something big like an auto loan.