Which rebuilding card should I try next ?

[dpsyche4]

So far I have Capital One QS1 - $500 CL, (SL was $300) already had credit steps upgrade, and secured Discover IT Chrome - $200 CL. I had previously applied for secured Capital One Mastercard and got denied. I have been getting offers for Indigo credit card as well as Credit One but I trashed both after reading posts on here to steer clear. I also see Fingerhut offer everytime I sign onto Credit Karma, but I am not into buying things that I don't need to "rebuild". I don't know where to go next with fear of wasting an inquiry and putting at stake the bit of progress I've made on my score since February. I want to jump on the AZEO wagon, but supposedly I need 3 credit cards to effectively attempt this. 

Any ideas or suggestions? 

I just feel like my credit is making SLOW but steady progress. Few points here and there every month. 

[Anonymous]

What are your current data points?  FICO scores, AAoA, length of credit history?

[dpsyche4]

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@Anonymous wrote:

What are your current data points?  FICO scores, AAoA, length of credit history?

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I'm not too fluent on the forum lingo yet but what do you mean by data points? 

Only FICO score I have access to at the moment because of Discover CC is Transunion and its at 617. 

According to Credit Karma, I have 2 years and 3 months "age of credit history" , but Discover CC says 11 years (hence me rebuilding).

5 Hard inquires in the last 2 years

I have total of 19 accounts per say..

6 in good standing which include 2 credit cards, 2 student loans, 2 car payments (one should be considered paid in full by the end of this month because it still hasnt posted from the auto trade in) 

13 closed some w/ balances

11 derogs

Hope that answers your questions

[Felony_Phil]

I'd be more concerned on getting those 11 Derogs handled before I worried about another line of credit.

[dpsyche4]

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@Felony_Phil wrote:
I'd be more concerned on getting those 11 Derogs handled before I worried about another line of credit.

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Already working on them. I have 4 that I am making payments on. Going to try negotiating the rest soon. 

[Anonymous]

Secured card wise, you can get the OpenSky Secured card. No hard pull on your credit.

You can also look into getting a store card Victoria's Secret, Overstock, Wayfair and more. They have no annual fee and pretty easy to get using the Shopping Cart Trick. (Bunch of examples of SCT on Youtube)

[Felony_Phil]

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@dpsyche4 wrote:

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@Felony_Phil wrote:
I'd be more concerned on getting those 11 Derogs handled before I worried about another line of credit.

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Already working on them. I have 4 that I am making payments on. Going to try negotiating the rest soon. 

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When negotiating, lowball like no other. Literally, offer $20.  

[dpsyche4]

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@Felony_Phil wrote:

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@dpsyche4 wrote:

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@Felony_Phil wrote:
I'd be more concerned on getting those 11 Derogs handled before I worried about another line of credit.

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Already working on them. I have 4 that I am making payments on. Going to try negotiating the rest soon. 

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When negotiating, lowball like no other. Literally, offer $20.  

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As for the settlement amount or the monthly payment amount ? 

[Felony_Phil]

Settlement. Collection companies are always looking to just close it out. A friend of mine had a $200 collection against him that was 3-4 years old and he got it settled for $25.

[UncleB]

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@dpsyche4 wrote:

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@Anonymous wrote:

What are your current data points?  FICO scores, AAoA, length of credit history?

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I'm not too fluent on the forum lingo yet but what do you mean by data points? 

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Hi @dpsyche4, this might help out...

Common abbreviations used on myFICO:  http://ficoforums.myfico.com/t5/User-Guidelines-General/Common-Abbreviations/td-p/88458