I'm patiently working on it:-)

[Apelila]

Hello everyone...

I've been member here for over a year now and I've been reading and reading every situation and scenario, that I know I can used it as a tool on my own success and thank you to all of you. I will start about my credit 8 years ago it is very very bad and I'm the one who is responsible about it and I did ruined it badly, I have no knowledge about my credit score and I was so clueless and iresponsible in my own financial. About 5 years ago when I became more aware and I would say matured I'm so mad at my self that my credit score is around 400 no one want to give me any credit or any chance to proove my self:( One day I called all my debts including all the collections and make some deals and paid it off one by one..and all the 800 callers are gone and thats a relief, I have a BOA checking and savings and I keep my debit card as my main form of payment and I always check my balance before swiping it and to make sure that I have enough money to save some troubles.

 

5 years ago I was approved for First premiere card yeah I know it sucks that I carried and used this mickey mouse card but hey I paid in full and this card is the one of the reason that help me lift my score:-) after that another toy card you must say Credit one bank and yes I took it and used it responsibly and yeah I guess I have no choice since I have a stinky credit score and that's what I get for being irresponsible. After that I was thingking to loan a New car since my old car is giving up on me and I was determined to get a car in the year 2013, and I was working so hard along working with my credit score. 2013 came and It was a good year I can feel it and I know I can do this on my own, I saved up my money for my car for a down payment. March 2013 I got a approval in my mail from Capital one I was thingking this is a good card and that means somebody noticed me how I change my lifestyle of paying my debt:-) yay! The approval was $300.00 yeah I know not that much but of course I took it and had some credit steps on it after 5months of being on time payment I will get a increased yah yah yah...whatever I didn't really think about it I continue to used it and PIF each month. October 15 2013 I went to ford dealer and I have no idea what I'm getting into but I know this is the day that I will take home a brand new car:-) Dealer are actually all overme of course typical business and I was nervous that I wont get any of the car not even a junk used one:-)I keep my self calm and I was upfronf with the dealer that I'm not looking for any fancy car I need a small sedan that will fit my budget every month and he was nice and listen for what I'm looking for I found the perfect car for me a small 2014 Ford Focus and back in to the business after dealing and talking here we go the shut gun began and I was waiting for the outcome if I'm approve or not...and my salesman walk into the waiting room and show me a paper that yes I'm approve on this car and based on my FICO score is 635 I was speachless and I cried because I did something right I didnt embarrased my self..lol after that he asked me how much I can afford on my down payment and I was proud enough to say half of the the price of the car and he is very surprised that a 29 year old woman has a $10,000.00 in cash on hand I never been proud of my self since that day...Fast forward my car is 1year old last 10-15-2014 and thats the same month I finished paying my car in full:-) Now you guys are probablly wondering what happened to my toy cards and my credits..I will list everything down below and I hope there is one person who will get inspired with my story I know it is very hard and I know sometimes we think that it's impossible to get back on track...But hey cheer up and start your day with your own way in a good way. Thank you folks for letting me share:-)

 

First Premiere-oldest card (drawer)$300.00

Credit One-second to the oldest (drawer) $1200.00

Capital One-starting $300.00 Now $5000.00 only over a year

BOA-Just opened $2500.00

Jared Jewelers-$4000.00

Fingerhut-$1500.00

Walmart-$1000.00

And now my credit score 712

 

I never thought in a million years that I can come this far on my own and I found the CB after I cleaning most of my debt I still have a couple debt that will fall off this coming April 2015 and I'm patiently waiting for those to be gone on my reports...So far no lates and knock on wood and I'm so carefull on everything specially when it comes to my credit...Now I would love to join Amex probablly next year:-) thats my story and my Goal.

[JayB27]

Congrats OP, you are well on your way.

 

Just keep paying close attention to your credit like you are, and the sky is the limit.

[Apelila]

Thank you JayB27...yes I will:)

[JayB27]

When you get your reports clean, which isn't far off, think about closing the cards that have fees.

 

Even though they are your oldest cards, they will stay on your reports for ten more years.

 

Then you can add new lines, from prime CC issuers to replace them.

 

And have you called the UW on the Walmart card ? That card will grown quickly also.

[JayB27]

Also, have you thought about early obsolete disputes? Read this thread. Each CRA is different in timeframes, but worth a shot.

 

http://creditboards.com/forums/index.php?showtopic=521705

[Apelila]

Thats a great advice I'm definetley working on that:) my walmart card was new maybe close to 6months and I don't really call them to increased my limit..lol since I don't really shop at Walmart I do used it sometimes but PIF before the due date. I'm going to close First Premiere,Credit One,and Fingrthut I'm aiming for this coming year:) Do I close them first before applying for Amex?

[Apelila]

Thank you so much for the great advice that you just gave me:) I did replied but I guess since im a new on posting it will take time to show all my comment:) once again thank you JayB27

[JayB27]

Thats a great advice I'm definetley working on that:) my walmart card was new maybe close to 6months and I don't really call them to increased my limit..lol since I don't really shop at Walmart I do used it sometimes but PIF before the due date. I'm going to close First Premiere,Credit One,and Fingrthut I'm aiming for this coming year:) Do I close them first before applying for Amex?

You don't have to cancel before Amex, just as a long term plan they need to be canceled at some point.

 

Have you ever received a CLI on your WM card? You need to call the UW, ask for at least 10k, but some recommend 25k. 1-877-379-8173

 

Let us know what happens

 

Do not close any of your cards, until you get yourself to a point you feel comfortable, AFTER you add new lines. The age of the FP card will help being open( for the approvals), but it is just not a card you want to keep forever.

 

Do you know your FICO scores? And have you thought of any cards you would like to add besides Amex?

Edited November 21, 2014 by JayB27

[Apelila]

Hey JayB27 thank you for all the good advice and motivation:) its seems like you are the only one!!!lol

My Fico as for today 715 and yeah sometimes I don't understand when it goes down every once in while 6points:( I will give them a call and see if they will raised my limit and I will let you know. Yeah thise toy cards are definetly give me the chance to proove my self and helped me raised my score:)

[Apelila]

Guys I have a question about Amex how they worked with a credit like me? Are they hard to get? Should I apply in 6 months? Which amex you guys think that suites me? Thank you in advance:-)

[JayB27]

What type of negative info is on your reports? Paid collections?

 

As far as what Amex suits you, you will need to answer that.

 

Cash back rewards, travel rewards?

 

You can research their cards/benefits: https://www304.americanexpress.com/credit-card/compare/25330?linknav=ProspectHP-ViewAllCardsLink

[JayB27]

In particular, How does your Experian report look?

 

Negatives? Recent inquiries? New accounts, how many? Average age of accounts, score?

 

Amex will pull that report.

[Apelila]

Ok this year I have 4new accounts

Experian I'm looking right now its the lowest 678

Amex I'm looking for a cash back (like my Cap 1 and BOA)

I do have paid collections, 2medical, CO, and I believe Deregatory,1 30 days late that its been like forever..lol

I'm not in the rush to get another card, but Amex its seems so good to have It's hyped up all over CB..lol It's not like I have to have it I'm totally open to a new Nice Card hopefully next year:-)

[JayB27]

Amex is great.

 

There have been people here approved with your score range, but if you will be losing the negative accounts soon, it is best to wait.

 

App'ing with clean reports is best whenever possible.

 

Are those FICO scores? And when does your last negative item fall off ?

 

Even though your collections are paid, they may be possibly removed. Especially the medicals. If they will fall off in six months, you can get rid of them early. If they have a few years left, use the Why Chat method.

 

Without more specific details, (minus personal info) that's about as much advice as I can give you.

 

Call Walmart UW. they will surprise you. They are easy to talk to, it's like three questions, ask for 10k.(it is a soft inquiry, meaning only you see it)

Edited November 22, 2014 by JayB27

[Apelila]

Ok for the WM its a charge store card its not the mastercard so I'm not sure if I really wanted a charge card that much.

I will definetly asked Cap1 for CLI since they are the one who trust me the most:-) and yes I will go to whychat to find more answers how to clean my credit. Hey thank you so much for being so patient writting back and giving me alk this fabulous advice I really do appreciated from the buttom of my heart:-)

[chugs102]

Ok for the WM its a charge store card its not the mastercard so I'm not sure if I really wanted a charge card that much.

I will definetly asked Cap1 for CLI since they are the one who trust me the most:-) and yes I will go to whychat to find more answers how to clean my credit. Hey thank you so much for being so patient writting back and giving me alk this fabulous advice I really do appreciated from the buttom of my heart:-)

 

 

Whether you use the WM store card or not, you should still try to raise the limit. This helps with utilization and provides a basis for other lenders to match the limit.

 

Call WM underwriter ASAP.

 

Close your garbage cards when the fees come due.

[Apelila]

Ok chugs102 I will do that:-) and yes Time will come I will diposed my toy cards they are the longest revolving credit that I have I do not used them at all..But I will take both of your advice:-)

[Apelila]

Hey guys since you advice to do a CLI from WM I got a invitation about the MC credit card...what do you guys think should I do both?

Edited November 23, 2014 by Apelila

[Losluv]

I think this is an upgrade offer. I'm not sure you can have both. BTW- congrats on your great progress!

[Apelila]

Is that right..oh ok I will call them tomorrow and we will find out:) Thank you!

[Dragonfly66]

Hello everyone...

I've been member here for over a year now and I've been reading and reading every situation and scenario, that I know I can used it as a tool on my own success and thank you to all of you. I will start about my credit 8 years ago it is very very bad and I'm the one who is responsible about it and I did ruined it badly, I have no knowledge about my credit score and I was so clueless and iresponsible in my own financial. About 5 years ago when I became more aware and I would say matured I'm so mad at my self that my credit score is around 400 no one want to give me any credit or any chance to proove my self:( One day I called all my debts including all the collections and make some deals and paid it off one by one..and all the 800 callers are gone and thats a relief, I have a BOA checking and savings and I keep my debit card as my main form of payment and I always check my balance before swiping it and to make sure that I have enough money to save some troubles.

 

5 years ago I was approved for First premiere card yeah I know it sucks that I carried and used this mickey mouse card but hey I paid in full and this card is the one of the reason that help me lift my score:-) after that another toy card you must say Credit one bank and yes I took it and used it responsibly and yeah I guess I have no choice since I have a stinky credit score and that's what I get for being irresponsible. After that I was thingking to loan a New car since my old car is giving up on me and I was determined to get a car in the year 2013, and I was working so hard along working with my credit score. 2013 came and It was a good year I can feel it and I know I can do this on my own, I saved up my money for my car for a down payment. March 2013 I got a approval in my mail from Capital one I was thingking this is a good card and that means somebody noticed me how I change my lifestyle of paying my debt:-) yay! The approval was $300.00 yeah I know not that much but of course I took it and had some credit steps on it after 5months of being on time payment I will get a increased yah yah yah...whatever I didn't really think about it I continue to used it and PIF each month. October 15 2013 I went to ford dealer and I have no idea what I'm getting into but I know this is the day that I will take home a brand new car:-) Dealer are actually all overme of course typical business and I was nervous that I wont get any of the car not even a junk used one:-)I keep my self calm and I was upfronf with the dealer that I'm not looking for any fancy car I need a small sedan that will fit my budget every month and he was nice and listen for what I'm looking for I found the perfect car for me a small 2014 Ford Focus and back in to the business after dealing and talking here we go the shut gun began and I was waiting for the outcome if I'm approve or not...and my salesman walk into the waiting room and show me a paper that yes I'm approve on this car and based on my FICO score is 635 I was speachless and I cried because I did something right I didnt embarrased my self..lol after that he asked me how much I can afford on my down payment and I was proud enough to say half of the the price of the car and he is very surprised that a 29 year old woman has a $10,000.00 in cash on hand I never been proud of my self since that day...Fast forward my car is 1year old last 10-15-2014 and thats the same month I finished paying my car in full:-) Now you guys are probablly wondering what happened to my toy cards and my credits..I will list everything down below and I hope there is one person who will get inspired with my story I know it is very hard and I know sometimes we think that it's impossible to get back on track...But hey cheer up and start your day with your own way in a good way. Thank you folks for letting me share:-)

 

First Premiere-oldest card (drawer)$300.00

Credit One-second to the oldest (drawer) $1200.00

Capital One-starting $300.00 Now $5000.00 only over a year

BOA-Just opened $2500.00

Jared Jewelers-$4000.00

Fingerhut-$1500.00

Walmart-$1000.00

And now my credit score 712

 

I never thought in a million years that I can come this far on my own and I found the CB after I cleaning most of my debt I still have a couple debt that will fall off this coming April 2015 and I'm patiently waiting for those to be gone on my reports...So far no lates and knock on wood and I'm so carefull on everything specially when it comes to my credit...Now I would love to join Amex probablly next year:-) thats my story and my Goal.

That is an amazing story. I am amazed at how big of a down payment you were able to save up. Congratulations on your rebuilding!

[Apelila]

Thank you dragonfly66 I have a good paying job..Thank Goodness..lol and after all the troubles and irresponsible descisions that I made from the past that make me learned how to save my own hard earned money:)lesson learned

Edited November 23, 2014 by Apelila