I wouldn't consider HSBC prime but it's better than Orchard. IMHO, HSBC is about the same as Cap1.
Good Morning,Is ther a diffrence in HSBC vs Orchard. Is the HSBC card more "prime" than Orchard?W
A lot of cc companies do this, just another reason to manage your credit well.
Redamagon wrote:because they hype your rate by just reviewing your credit score.
favor wrote:Hi, I am new to these fico forums I just discovered this site about two weeks ago and I am so addicted already! I have been doing some credit repair on my own. We filed bk in 05 and have been trying to rebuild our credit every since. Since last September 06 I have been dilligently working on rebuilding our credit. Forgive the long letter but I am so excited!!!!!!!!! about all the info I have learned since finding these forums. The very first night I applied for 4 ccs Hooters, Marathon, Target and Walmart. I got approved for Target 200 cl and Hooters 1000.00 cl. I already had Cap one (04-07) with a 750 cl but after reading these forums I asked for a cli and was given 500 more dollars for a 1250. cl I also had two Orchard cards, one secured (04-07) for 250 cl and unsecured(11-06) that was 300 cl initially and a 100 cli for a limit of 400. I also got financed for a car from cap one in Jan 07 for 23000.00 and after six months of good payment history that car was paid off by chrysler and I got a brand new car 07 for 32000.00. I will have a paid off car on my credit. My question is, should I consolidate the two orchard cards and will that effect my score? around 638 also I have allways pd my balances down to zero every month before the billing date so I allways have a zero balance. I never charge more than I can pay back in a month. When I got my new car the finance manager said congrats on your excellent credit history after bk. But in reading these forums I'm confused should I leave a balance to get my scores higher am I hurting myself? also I have four major ccs I don't think I need that many but I was hit by the bug to apply for more credit which seems to be disease on these forums not to mention what those inq did to my score. My DW and myself are trying to get in a position to purchase a home by next year his score is worst than mine because he keeps maxing out his cc but his income is better. I would love to apply for the cccu cc because it seems you get better limits but I wll have to wait I came accross that one after I applied for the other ones.Sorry for the book but I had so many ?