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Would you still...

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NRB525
Super Contributor

Re: Would you still...


@Carloscda40 wrote:

It was a card credit karma suggetsted, Cerulean. $750 is the starting SL that will grow to possibly 2k?

 

But the kicker is.. (don't flame me to bad) $99 AF which they take out off the bat!

So the card is starting out as $651.

 

I just pulled this up

**You may still reject this plan, provided that you have not yet used the Card or paid a fee after receiving a Monthly Billing Statement.

If you do reject the plan, you are not responsible for any Fees or Other Charges.**

 

Now would that hurt future creditors looking at my profile?


Which cards do you already have?

Are you rebuilding your credit?

 

If you are rebuilding that would seem to indicate keeping the card.  Sometimes it is necessary to pay for credit. I don''t know the rest of the fee structure and have heard some alarming stories about Credit One fees, but as noted, sometimes necessary to pay fees for a while until other banks become available to the rebuilder.  

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 11 of 12
Carloscda40
Regular Contributor

Re: Would you still...

Haven't recieved the card yet but when it arrives I will call them and cancel it.

 

As of now..

Discover IT $750 - $260........ Balance

Capital One Quick Silvier $500 - $40

Capital One Platinum $500 - $80

Merrick $1400 - $475

Macys $1200 - $650

Message 12 of 12
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