I'm so excited and thankful for all of the info in this forum.
At the beginning of March I settled 3 CC charge offs and a vehicle repo. My score was around 526. 1 CC in collections was PFD, the other two with chase are showing closed and on report until 2023. Vehicle repo is on report until 2025.
I purchased a car at the end of March and financed $16,851 at 13.84% for 72 month with Ally. I've paid it down to $14,034 in the last two months. I was getting frustrated because there was still no tradeline showing for Ally after 3 months. I reached out to them to see if there is an error and really didn't get much help from them. I just decided to take a shot and see if I could get approved for a refi. Today I was approved with Capital One for 60 months at 3.5%!!! I really can't believe it, especially considering one of the CC charge offs and the repo were Cap One.
I've opened the card below, Discover, Cap One and Apple I use daily, make sure AZEO at statement dates, the others I opened just to have more available credit. Current scores are 636/638/649. (they were a bit higher before the HP for the auto refi and Apple CC I added). Now I'm just using and paying and waiting for accounts to mature and cards to graduate.
Discover It Secured - $500 CL - use daily and pay off weekly to report low balance
Cap One QS unsecured - $500 CL - use daily and pay off weekly to report zero balance
Apple unsecured - $250 CL - use from time to time and pay off to report zero balance
Fingerhut - $500 - CL - zero balance - don't use
Wayfair - $350 CL - zero balance - don't use
Self CC - $525 -zero balance - don't use
Any other advice you have to offer is much appreciated.
