7 collections falling off, whats next for new credit cards?

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neptunejcw
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7 collections falling off, whats next for new credit cards?

Postby neptunejcw » Thu May 23, 2013 12:52 pm

May- I have had a collection from Afni deleted from all 3 reports & Midland finally deleted off my Transunion. Next month a Capital one charge off falls off next month off my Transunion. In July that same capital one falls off my Ex&Eq. I have a chargeoff from HSBC that is paid but wont fall off till next year & a judgement from capital one that is satisfied. Falls off 2017. A paid off auto loan with a few late payment's on record So I have to with those 3 baddies but everything else is clear. I owe nobody. I do have a First Premier Card, been paid on time for almost 2years & a 5/3 secured since February 1000 credit line. My scores are. myfico TU690,fico Eq659 & FakoEx 658. In July I'm going to apply to have my 5/3rd cars converted to unsecured & hopefully get a higher limit. What other card should I shoot to get my hands on?


MemberSince99
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Postby MemberSince99 » Thu May 23, 2013 1:52 pm

I would consider Chase Freedom, Discover IT, or an Amex charge. Or all of them. Your scores should be in a range that gives you a shot at these. Obviously don't go for uber prime stuff under 700. I might start with Chase and Discover (don't mess with CSP at this point Freedom is more possible) and wait on Amex as I hear they don't like seeing FP and the like on your report.

neptunejcw
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Postby neptunejcw » Thu May 23, 2013 8:14 pm

I've had my eye on the discover it. I will be applying July 1st. Being that last capital one will be off my Equifax. Discover pulls that bureau & I only have 1 inquiry on that report. I was considering capital one again. But I thought what for I already have my 5/3rd doing well

DavidNY
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Postby DavidNY » Thu May 23, 2013 9:23 pm

You might want to get a Bank of America secured card, or wait until your score improves and get a 2% card like Priceline if you always PIF.

MemberSince99
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Postby MemberSince99 » Thu May 23, 2013 9:50 pm

I agree with David a Barclay's is possible but, be aware it would be wise to avoid app'ing much in the 6 months after you get it if you go for it. They are known to possibly do AA on people who go for too much after getting a card with them, as always YMMV, but they are one of the tougher ones on this kind of thing.

And you are right Discover does pull EQ for new applications. For CLIs, not that I would know from personal experience with them but I've read they use TU.

neptunejcw
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Postby neptunejcw » Fri May 24, 2013 12:20 pm

I've heard of the Barclay's. How good is that card? I applied for a car loam & was told I needed more installment loan history. Will better credit cards help them overlook that

MemberSince99
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Postby MemberSince99 » Fri May 24, 2013 12:30 pm

The Barclay's card is good as far as rewards go. (2%).

No credit cards will not help that, as they are a different type of credit. Installment loans are things like personal loans, cars, mortgage and student loans, that sort of thing with a fixed total amount and fixed payment amounts for a specified period of time.



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