@Slabenstein wrote:
With regards to whether to apply for the Disco now or after the Navy reports, you might get better terms once the Navy card is on there, since I expect it will raise your FICO 8's, but you could go either way, imo. Disco CLI's are SP and they allow consumer-initiated APR redux requests, so you're less stuck with your initial terms that with someone like Chase. But if you wait, I expect the Navy card will increase your score some due to your being on a dirty scorecard and the large increase to TCL. Once you have the Cap1, Navy, and Disco, you'll have what you need for building credit from no-fee cards, so you can start closing your subprime cards as their annual fees come up.
ETA: As far as Amex goes, they like clean files, so I would wait until the charge-off is taken care of and your scores are higher before trying with them. I think if they were to approve you right now it would be a $1k marginal approval.
I'm guessing if it goes the opposite way it won't be that far, and I can probably recover from it in a few months time. I'll hold out. I don't "need" credit by any means. I'm still working on settling the charge off. I can't someone to take my money, imagine that.
