A Credit Card Dummy...

Anonymous · ‎06-14-2015

Hello, Credit Card community.

I have a question for you all. I've spent a lot of time reading through the "Rebuilding Your Credit" forum and it has helped me significantly. So, now that I am at the credit building phase of my plan, I want to ask...

What card could I possibly get with a 600 TU Fico Bankcard and 650 EX & EQ Fico Bankcard scores? I have no CC charge-offs. 2 paid collections, 2 unpaid collections and 2 Capital One Cards, one of which is a secured card. I would like to get one card with a decent limit to pad my utilization.

Anonymous · ‎06-14-2015

What's your Average Age of Account and how many inquries are you currently at?

B335is · ‎06-14-2015

How old are your negatives and have you tried any of the pre qualifiers? You might qualify for an Amex Charge (depending on what your EX looks like) or Cap1.

Anonymous · ‎06-14-2015

Equifax shows 3 years average, the others show 2 years average. These are being kept lower due to student loans.

As for inquiries, EQ and EX show 2 and 6 with TransUnion. Almost every card I have applied for seemed to hit TU. I don't want a ton of hard pulls, I just want one or two decent ones, then let them age for a while.

That's why I'm trying to make them count.

Anonymous · ‎06-14-2015

@B335is wrote:
How old are your negatives and have you tried any of the pre qualifiers? You might qualify for an Amex Charge (depending on what your EX looks like) or Cap1.

My collections are at least 2 years old, but I have a 7 month old negative for US Bank on a secured card I closed during a rough patch (car accident took all my cash and I couldn't afford to even make the minimums back then). On the upside, I've since gotten a better job that pays 44% more than the job I had at that time.

B335is · ‎06-14-2015

Honestly you'd probably be doing yourself more of a favor going on a goodwill campaign with US Bank. I'm working on them for my Business account and will just keep sending the letter off until they respond, but they seem to be a tough one with forgiveness.

With a 7 month old negative I can't think of any decent limit lenders and you already have two Cap1 cards. Maybe someone else has some ideas.

Anonymous · ‎06-14-2015

@B335is wrote:
Honestly you'd probably be doing yourself more of a favor going on a goodwill campaign with US Bank. I'm working on them for my Business account and will just keep sending the letter off until they respond, but they seem to be a tough one with forgiveness.

With a 7 month old negative I can't think of any decent limit lenders and you already have two Cap1 cards. Maybe someone else has some ideas.

That is fine. They say "patience is a virtue," right? I guess I'll let these two age a little and inquire about it later in the year. But I appreciate all the responses.

Anonymous · ‎06-14-2015

@Anonymous wrote:
@B335is wrote:
Honestly you'd probably be doing yourself more of a favor going on a goodwill campaign with US Bank. I'm working on them for my Business account and will just keep sending the letter off until they respond, but they seem to be a tough one with forgiveness.

With a 7 month old negative I can't think of any decent limit lenders and you already have two Cap1 cards. Maybe someone else has some ideas.
That is fine. They say "patience is a virtue," right? I guess I'll let these two age a little and inquire about it later in the year. But I appreciate all the responses.

Maybe just paying off US Bank would be in your best interest. They are not gonna forgive something thats only 7 months old for a looong time.