I dont think i have a chance in getting that everbank card as my score is 654 with 13 injuries within the past 6 months..However maybe it would be worth a try..Here is my portfolio.. 1.) CitiBank Platinum Select $14,000 @ 8.15% 11/1999 2.) NextCard $6,000 @ 15.99% 05/2001 3.) Discover $3,000 @ 14.99% 07/2001 4.) Target $300 Total = $23,300 09/2001 Wifes = 639 with 16 injuries in the past 6 months 1.) Providian $6,500 @ 16.90% 07/1998 2.) National City $4,000 @ 12.99% 09/2001 3.) Discover $6,000 @ 16.99% 05/2001 4.) CitiBank $8,000 @ 14.74% 10/2001 5.) Target $200 10/2001 Total = $24,700 What else must we do to make our scores rise beside those damn injuries, Are there any other typs of credit we made need to better our portfolio's? Our files have nothing bad on them at all..All payments on time as well...
OWED 1.) CitiBank Platinum Select $8,700 2.) NextCard $0.00 3.) Discover $2,800 4.) Target $50.00 Wifes 1.) Providian $0.00 2.) National City $3,800 3.) Discover $5,300 4.) CitiBank $0.00 5.) Target $0.00 What i was going to do is work on wifes account and better it.She has the better job right now working for the town..So my plan was to..Take the $5,300 and put it on my citi which will max that.. Should i do something with the National city as it is close to the limit on the card ? The intrest is 12.99% maybe 12.49% now..As it stands now her credit is 24k and owes 9k but - $5300 that will raise her avaible credit to over 80% from 7% on CE..Waiting for providian to report paid...
Not intrested in many new cards..Just working on bettering the credit for a house in a couple years..Or get prime cards like the citi i have with the 8.15% intrest rate..Tried for the BLUE card and was denied
BILL B, what was your score when you applied for AMEX? ....i know when i applied i had fico of 582 and they pulled TRANSUNION.......i know many here have said that you need to have high 600's.......my oldest tradeline was providian and it was 23months old.... have you called for reconsideration? it wouldnt hurt to try bill.....hope you get it.... i think we should try everbank, seeing that your scores are close to mine now.... good luck! Tony Verrengino San Diego, Ca
Pay them down as much as possible before applying for a house loan. Your score will go up considerably once you get under $2500. Another tactic is to "park" your debt somehow to a card or other type of loan that doesn't report during the time you are trying to get approved for the house loan. This one is harder to do. Currently I have one line of credit to which I can "park" debt if I need to temporarily raise my score. It is a fluke (long story) that it doesn't report now. Otherwise, if you time it exactly right, you can initiate a balance transfer and for a limited window of time, have both accounts show a $0 balance. It's tricky to get it to work out perfectly but it can be done, thereby artificially raising your score. One problem with the above is that when you close on the house they sometimes pull another report just prior. Another problem is that you have to sign a document that is basically one of those "I have told the truth" type things.
