@avinac9 wrote:
I 've been repairing my credit... started off at mid 500's now at 600s all because of a student loan that I couldn't pay off. Im now making payments as agreed and currently have 3 open credit cards all paid on time. Im currently at Ex669 Eq649 and Tu639 my lowest. I really want the freedom card but I'm afraid of getting a hit on my report. I know chase pulls experian which isn't too bad. I've heard of people getting approved on lower. But I'm afraid my student loan will affect me. Do you guys think I should give it a shot or put it off one more month. I know my score will definitely be higher by then....
When is the last time you opened your last credit card, and when did you get your first credit card?
Started Gardening 4/3/2014mid march of this past year?
If it were me, I would wait atleast 6 more months. Only because you just recently started establishing your credit, and getting your loans on track. You don't want to get a HP inquiry for nothing.
Chase can be forgiving, but like Shelly said, If it were me, I would wait a while.
I was approved with a similar score as you for the Freedom with multiple baddies (a few only a year old at the time), and a paid CO that was three years old at the time. What I did have going for me was a long history. I had a mortgage 11 years ols and another account for 17ish years. During my rebuild, I did the Cap1 in Oct 2012, Wally the next month. Then I did the Chase in March of 2013 with a 1k approval. The next day I did the Dicover and got a 1k limit as well. I hope this helps you in comparison. Again, if there is no rush and you already mentioned not wanting the INQ hit for nothing, I would just make it a future goal.
