Hi ... hoping to get some solid advice since the people on this forum seem to be pretty well-informed on everything credit!
My ch7 was discharged the beginning of September. I got an unsecured Cap 1 the following day for $500 and applied again in December receiving a 2nd card for $1000. I also got a Credit One in September for $500 which is now $700. I have been following the AZERO method paying in full and leaving 1 card with a small balance under 9%.
I burned pretty much every major bank in my bankruptcy so getting approved has been difficult .. I know who to stay away from for the most part due to blacklisting which is why I have 2 Cap1 and had to get a Credit One.
I did try for Bank of America who I've never had but was declined and thought I needed a store card for credit mix so tried for a Saks since it's backed by Cap1 but again declined because I had that card in my bankruptcy.
I wanted to try to get a higher limit card and then just garden for a long while. I don't need it but for utilization purposes, I'd just like to have a higher card limit if possible. I've read Cap1 likes a lot of usage on their cards and that it's easier to get higher limits via new app than credit limit increases.
I've been using my cards a lot and again applying the AZERO method but will not be using them so heavily after this month so I was wondering if I should go ahead and apply for the card now or wait a few months once I'm using them again more heavily. I also am trying to get my FICO up since it's a little lower than average it seems from my discharge date (I got a 24month self lender as well that hasn't reported yet).
Thanks for all the info you guys share on here it really is truly helpful. I can't believe I was so ignorant about credit before but I'm learning now!
EQ 624
EX 598
T 586
