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The first item that screams out at me is the Credit One account. Credit One is a known sub-prime predatory lender and that card should only be used to purchase a pack of gum once a month to build a credit history. Credit One credit cards should not be used to carry a balance as they have very high interest rates and high fees. This is a credit card for those without any other credit card options. My first recommendation would be to pay down/off this credit card and close it as soon as reasonably possible, especially before the next annual fee is due.
Capital One $323/$1500....21.53% utilization no FICO scoring penalty
Credit One $478/$600........76.66% utilization a major FICO scoring penalty
Chase $2450/$3000...........81.66% utilization a major FICO scoring penalty
Best Buy $3120/$2500.....124.80% utilization a major FICO scoring penalty
Barclaycard $680/$1550....43.87% utilization a minor FICO scoring penalty
Currently, you are over 77% on your aggregate revolving credit utilization. Above 70% and you incur a major FICO score penalty. You want to get this below 30% to have no FICO scoring penalty and below 9% will give you a FICO scoring bonus.
At this point without knowing what your income is or your debt to income ratio, I see you overextended in your credit. I am not sure what you are looking at a personal loan for but if you were able to get one approved, it will be at an extremely high interest rate.
Some general suggestions for you are to start paying cash on your purchases and to start paying down your highest interest rate credit card first with your available disposable income while paying the minimum payment pulse $5 on the remainder of your revolving accounts. When you get your highest interest rate card paid off to continue this on your next highest card and so on until you have your cards paid off.
The key to credit building is to only charge on a credit card what you have the ability to pay off in full each month. With that in mind, you should also start a plan to save and build an emergency cash fund which is only for true emergencies, such as job loss, emergency room visits, unexpected car repairs, unexpected but necessary debt such as appliance replacement or home repairs.
I know it probably seems impossible but it can be done. I did it. You have to live within your means. So before you look to get a personal loan you will need to at least pay down your revolving credit cards to less than 30% utilization if you want to get an approval and a decent interest rate.
Total CL: $321.7k | UTL: 2% | AAoA: 7.0yrs | Baddies: 0 | Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping |