I know what you mean. I have settled for some of the worst out there. I'm past that now but remember it like it was yesterday.
George2037 wrote:haha, I had a Credit One CC that as soon as I got it I maxed it to 80% UTL just to show I used it and paid just enough to carry the balance for about 18 months.....it ended up costing me $23 in fee's and intrest a month. As soon as I got my first unsecured card I paid the Credit One off and cancled it. I wasted so much money, but it was well worth it... My scores went from the 480 range to 620 just from that card and a car loan.
I still have a Credit One card with $250 CL. Costs me $5.75 each month to have it, plus interest. It is the next to go after the Applied Card. These cards served their purpose and I am grateful I could get them, but they have outlived their usefulness for me. BTW, my scores started out around 485 and now are at 635. I was at 650, but too many inqs and new accounts have cost me some points. I hope to reach the 700 club by May 2008 when my last old CA falls off.
My EQ and TU have been flirting with 660-690, EX was near 620, but I took advantage of the high scores and aquired several CC and Revolving Credit just to knock down my UT% and try to show a mix of accounts. I definatly agree these cards served their purpose. I had been so apreciative I tried to find a Credit One Card without annual fees but they didn't offer it. Guess there in the "Risky Business" If anyone is in the position I was I would most definatly send them their way, even if all the PFD, DV's, GW letters don't work nothing beats an account in good standing. If you have to pay a little or a lot in intrest, fees, and what not.....it's most definatly worth it!
If anyone is in the position I was I would most definatly send them their way, even if all the PFD, DV's, GW letters don't work nothing beats an account in good standing. If you have to pay a little or a lot in intrest, fees, and what not.....it's most definatly worth it!