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I've been rebuilding credit very slowly the last two years. I recently acquired a $4500 Chase Freedon card and a $1500 Barclays crd. Both inquiries show on Experian and Equifax, but not on TransUnion because I had it temporarily frozen.

 

The Barlays acct is showing on all three but Chase hasn't hit yet (got card two weeks ago). I would like to go for one more card then cease for 6 months. I need a card that will access TransUnion or Experiian due to less inquiries and higher scores (around 725 each). Equifax has been hit recently due to inquiries, hurting my scores Myfico is 720

 

My two-part question:

1) Should I freeze my Equifax file and apply for another card like Citi, steering them to access TU or EXP?

2) Should I do it now before My Chase card hits, or after it hits since it's a higher limit that will appear?

 

Good income (100k) if that's relevant

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Freeze Experian unless you want American Express, Citi should check Equifax and from experience won't check other reports even with a freeze (they'll refuse).

 

Bank Of America will check Experian unless you have it frozen then you can request them to pull a different one using the recon #.

 

#2 depends on what you already have on your reports, if you could wait that might be better.

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I have only two trades on Experian and TransUnion. I have 5 on Equifax. Seems like everyone reports Equifax and checks that file. I had to guarantee my college son's new apartment last week and darn if they didn't check Equifax. Score dropped to 650.. Citi or Dscover are really the only ones I would want so I guess I'll hold off til Equifax rebounds and reports all 3 cards with low utilization

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Equifax has never been at 720. It's always been the lowest, peaking around 680. It has 5 good trades, no baddies but gets all the inquiries too. To reiterate, I'm looking for a cc who will pull TU, then Experian as a backup. I've learned from this post that Citi won't approve me with EQ frozen. I'll just wait till new cards report at low util then go for Citi in 6 months.

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FICOs don't drop from 720 to 650 with any number of inqs.

There is a thread around here from the early years by Allen, where he told his scores dropped from low 800's to mid 700's from 1 inquiry. It was the only one he had, IIRC.

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Congrats on your recent success. Definetly freeze EX though. That's the one that you should not be loading up with INQ's (unless you have intentions on applying to AMEX). There is a thread on TU pullers. Look into it and apply to one of those. There's a good amount of choices there.

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