@KevinBlock55 wrote:
May I ask your scores? I am currently rebuilding and have not checked my scores in some time. I had many chargeoffs from 2007-2008 but have had 2 tradelines with Cap1 at 5% UTIL that are about 2 years old. I'm really considering coming out of gardening (1.5yrs) to apply for this card...
I do not know what my scores are today. When I applied for a 2nd secured card and secured installment loan from a local credit union a few months ago, my score were in the mide to low 600s. My wife's was the same. I'm waiting for a few months of reporting to occur on recently established secured credit cards and a secured installment loan and will them pull my credit to see where they're at ... and will post them at that time. Until then, I don't feel the need to know where they are right now as I am gardening and planning for future purchase of my last house where I will retire some day.
As an FYI, I am following recommendations that I've seen here to pay down most balances to zero and at least one to no more than 9% of CL. I have four credit cards [three of them secured] and one secured installment loan. My wife has two credit cards now, one secured and the other [reported in this thread] unsecured. Don't feel that I need any more credit extended to me until after I buy my retirement house next year.
