I'd try Disco first. Cap1 doesnt graduate any longer. If no pre-qual. Then grab a OpenSky with no HP secured. Or MerrickBank secured which will double your CL after responsible payments and isnt 3 pulls. It will save a triple pull from Cap1. Got to start somewhere. Good Luck.
@Anonymous wrote:
One more question?
With something like discover, would it matter if I start small?
Like a $200 deposit? Or should I go higher if I can?
What I did with hers was apply after a score spike on credit karma - yes, I know it's not FICO.
and I was able to get auto approvals for unsecured cards
When the last derog came off her score spiked to 623 and even though she was approved for a $49 deposit secured card they approved her unsecured , even though it's a small SL. When first payment reported , she saw another little spike and I got the creditone, etc
Discover was part of my plan anyway as I've seen lots of success stories from others rebuilding and graduating to decent limits.
Our goal right now is to have 1 card between us with a 2-3k limit.
Credit limit doesn't matter -- all that matters is how you use the credit given. If you start with a $200 limit, just make sure the balance you report to the credit bureaus each month is less than 28.9% of the limit -- which is $57 for a $200 limit card. Less than 8.9% (or $17) would be even better purely for scoring purposes.
I believe I explained managing util to you in a response to a different, earlier post? If I'm mistaken, let me know and I'll run through it.
(EDIT: Ah yes, I did... https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Looking-for-advice-and-help/m-p/5787053/highlight/true#M602133 
)
Also -- Disco will unsecure after several months (6-12 generally) and they usually unsecure with a credit limit increase. Once it unsecures, you can request credit limit increases often using only a soft pull on your credit. It's a great card to have - one of the best for rebuild because it will grow with you and remain valuable post-rebuild.
Go to Disco's prequal page and see if they have any offers for you.. https://www.discovercard.com/application/website/prequal
