In the well known series "Now it's my turn to brag!")) I've just received my MBNA Platinum Plus Visa, $5500, 14.9% APR (2.9% intro). Nice little present for the 1st aniversary of my credit history... Thank you all for the great advices and support. Keep it up... Sorin
A very nice present, and I'm quite sure there's more to come. Congratulations, and keep up the good work.
Congrats, Sorin! It's nice to have someone with a similar credit situation as I, but only a few steps ahead. It gives me a chance to know what I could expect in the next 3-6 months!!!!
Congrats! I'm in the same situation, after 7 years of not being able to qualify even for a cell phone. I'm getting approved for gold cards! Enjoy!
Had you built your credit with Capital One, I'd bet they still wouldn't unsecure your $300 card by now... Apparently, some banks DO show their appreciation of good customers, and don't put them in the "subprime for life" category. Sure, I know, credit building requires patience. Well sorry, Capital One, I'm out. MBNA is definitely part of the Prime world, and from now on - this is where you belong. Congrats! Saar
Well, actually my first card was a Cap One secured with $200 line. Closed it in august. They tried to keep me with a $500 line increase, but sorry, there's only so much space in my wallet)
I think i've already did that... but here's again: Came to US in spring 99, absolutely no credit history. 9/99 Cap One MC secured $200 12/99 Providian Visa Classic, $500 1/00 Associates Visa Classic, $750 5/00 Citibank MC Platinum Select $1200 5/00 Secured personal loan for $3000 7/00 Discover Platinum $6000 8/00 Closed Cap One 9/00 MBNA Visa Platinum Plus $5500
"Closed it in august. They tried to keep me with a $500 line increase" $500? Yep, that sounds like a "generous" act of their retention department. And I'm afraid this is as far as they go... BTW - are you the "Sorin" from www.webpre.com/dv/messages ? Saar
Sorin-- agree with you 100%. I just closed two capital one accounts with 20+ APRs. One was partially secured with a $5K limit (which they refused to unsecure even after six years). The other was unsecured with a $300 limit. No credit line increase on the big one in two years although to Cap1's credit (snicker), they DID offer me a $500 increase with a $99 deposit when I closed the account! I have received no increase on the small card which I opened in November 99. I see no reason to pay another $59 annual fee on a card that offers no benefits.
i threatened to close my account and they dropped my APR to 13.9% I had this card under a year at the time. Reshod
You opened the personal loan in 5/00. When did you pay it off? What bank was it with? Did you carry a balance on ALL cards, then pay them in full?
I didn't pay the loan yet. I'm planning to keep it for at least 6 months, probably more... As for cards, i usually don't carry balances. I pay in full every time. Well, at the moment I have a balance on the Discover, but at 0% doesn't matter. And guess who's gonna pay the full balance by the end of the year, when the 14.9% kicks in..))
Guess what... I was thinking about asking the same question about you ) Yep, that's me ... Small world, isn't it ?))
