@OMW2_HighAcheiver wrote:
@SOGGIE wrote:
@takeshi74 wrote:
@Anonymous wrote:I started my rebuild with just one card. I swore I would never use CC's, even though it wasn't personal debt that caused the ch7, I wanted to live on cash alone and used my debit card all the time. But that brought risk as well and I needed to rent a car on vacation, so I opened just one CC and said that would be it.
Credit is used for a lot of things these days. If you want to buy a house or car and need financing then your credit will matter. Credit can also matter for home & auto insurance, employment, renting a home or apartment, etc.
Seems like you went into an app frenzy. Carefully consider your strategy and ensure that each card you apply for serves a clear purpose and is suited to you. Don't just apply for cards to cover all spending based on rewards. Analyze your spend and find cards that maximize your spend where the majority of your spend is going.
Useless post Takeshi. I am quite sure OP is aware of what they want/need to do. Their accomplishments support such. OP was not seeking advice, but rather sharing their accomlishments, which will inspire others. I notice you didn't congratulate the OP.
Super congrats OP! You've done an awesome job.
I'll add this was over 2 years! The first spree was after an entire year. The next six months after. Far from frenzy. Looks to me it was thought out.
3 or 4 cards are enough for me, but, ya know, that's what makes me, me and OP, OP. I've said it before and I'll say it again, everything don't need to be judged, dissected and opinionized! If that's not a word, it's one tuhday!
Congrats on your journey OP and whatever it took to get there!
The other factor that would be important to keep in mind, before judging the OP card selection is this little issue of a Chapter 7. That puts the OP in a small box of possible cards, and thus Capital One is showing where it helps people out, and the OP appreciates that. I also agree that this is after a year of looking at options, not a weekend spree.
Congratulations on the rebuild progress OP! Thanks for sharing.
@NRB525 wrote:
@OMW2_HighAcheiver wrote:
@SOGGIE wrote:
@takeshi74 wrote:
@Anonymous wrote:I started my rebuild with just one card. I swore I would never use CC's, even though it wasn't personal debt that caused the ch7, I wanted to live on cash alone and used my debit card all the time. But that brought risk as well and I needed to rent a car on vacation, so I opened just one CC and said that would be it.
Credit is used for a lot of things these days. If you want to buy a house or car and need financing then your credit will matter. Credit can also matter for home & auto insurance, employment, renting a home or apartment, etc.
Seems like you went into an app frenzy. Carefully consider your strategy and ensure that each card you apply for serves a clear purpose and is suited to you. Don't just apply for cards to cover all spending based on rewards. Analyze your spend and find cards that maximize your spend where the majority of your spend is going.
Useless post Takeshi. I am quite sure OP is aware of what they want/need to do. Their accomplishments support such. OP was not seeking advice, but rather sharing their accomlishments, which will inspire others. I notice you didn't congratulate the OP.
I'll add this was over 2 years! The first spree was after an entire year. The next six months after. Far from frenzy. Looks to me it was thought out.
3 or 4 cards are enough for me, but, ya know, that's what makes me, me and OP, OP. I've said it before and I'll say it again, everything don't need to be judged, dissected and opinionized! If that's not a word, it's one tuhday!
Congrats on your journey OP and whatever it took to get there!
The other factor that would be important to keep in mind, before judging the OP card selection is this little issue of a Chapter 7. That puts the OP in a small box of possible cards, and thus Capital One is showing where it helps people out, and the OP appreciates that. I also agree that this is after a year of looking at options, not a weekend spree.
Congratulations on the rebuild progress OP! Thanks for sharing.
Thank you! Yeah, the ch7 really made the list of possible cards much smaller. Not sure how I was approved for some of my most recent cards, but I'm so thankful those traditionally conservative lenders are giving me a chance so soon.
