Hi everyone! I wanna thank you guys in advance for all the help and for the wealth of knowledge that everyone has contributed to the site, and I appreciate those that are willing to chime in my case.
I’ve been working hard on my rebuild after fighting to keep my parent’s house and paying it off for them just to keep it afloat and not default. Finally got it sold and made some profit, and I was able to clean off my debts. I’m currently at 4/24 so I have a dilema if I should apply for a chase card. I had a student loan that went bad with chase, and they charge off settled less than full balance, and the report was 02/15/12.
My scores are EX 720 EQ 740 TU 688 and only transunion reporting my chase derog. I’m hoping they’ll all be above 700 when the derog falls off. I have 4 inquiries in Experian, and 0 on TU/EQ.
Currently I have AAoA 1yr 4mo
Cap1 Plat 750 3yrs
Discover IT 2500 6mo
TD Cash 5000 6mo
Amex Gold 1mo
Amex Plat 1mo
Amex hasn’t reported yet as an account, so AAoA might drop to 12 months when they do. I prepay my bills every month in full, no other loans, no liabilities to pay so I’ve been squeaky clean for on my record.
Now, is it possible for the derog to drop off my reports and chase let me back in to their family? I’d like to be able to one day have the CSR. I travel a lot and have always been using my debit card for everything. Every purchase until I got my cc and I pass it over there. Amex unfortunately only rewards me for US expenses, and 99% of my travels are international.
I’m not sure if I should try to take a HP hit with chase for a freedom after 03/19 because I’ve read that chase almost never forgets. What would you guys suggest?
If not chase, what would be the next best thing as far as Visa/MC products? Thanks everyone!
TL
R: chase derog fall off 03/2019, should I risk a HP for credit app or will they most likely deny me? AAoA over a year.