Hello all,
I have been looking through past posts to see if I could get any answers for particular situation. I'm not finding exact or very recent answers, so I thought I'd give specifics and see if I can get answers. Here is my situation:
- Have been out of the credit card world for a long time as I'd filed BK Ch. 13 in 2011.
- Discharged 8-5-16.
- Needed a new car, so applied for loans with CU and Cap1. Was approved by both.
- Around the same time (8-11-16), applied for credit cards with same CU and Cap1. Was approved for $2,000 from CU and $10,000 QS Signature.
- All car loan inquiries were all reported and show on my credit reports.
- My actual car loan is reporting on my credit reports.
- My CU rewards MC is reporting.
- Triple pull inquiries showing up for QS Visa.
Here is my question: The QS Signature is not showing up on any of my credit reports as a new account. I've been reading that, in the past, signature cards did not report, therefore they didn't help with overall utilization or available credit. I've also read that most cards do report now. Should my QS be reporting? Is it just too early? I've already received my first statement. The second one will cut tomorrow. I've been running quite a bit through this card, hoping to build a good credit relationship with Cap1. I'm wondering about others' experience with Cap1 and whether or not this is a beneficial card as it doesn't seem to benefit my credit rebuild right now. Any information or insight you can offer would be very much appreciated. Thank you.
