Me and My Girlfriend both have constantly been working on our credit and we are ready to get some unsecured lines. We are both looking to get about 5 or 6 lines each. Between the both of us sending letters to all 3 bureaus we have cleared up some derog stuff and also have gotten a macys card each. I will give my situation and hers. Please let us know what kind of credit cards we should start looking for. My situation: Experian 580 Equifax 591 Transunion 674 I have an Orchard Bank secured 200 limit that has been open ever since 02/06 Macys card 200 limit 12/06 First Premier Bank 300 unsecured 01/07 Capital One Unsecured 02/07 2 Deferred Student Loans Girlfriends: Experian 615 Equifax 656 Transunion Not Reporting Orchard Bank Secured 200 Limit Opened 10/06 Macy's 200 limit opened 12/06 We both have looked into a few cc's but 1. I cannot figure out how to get a providian card...2. Aspire has way too many junk fees and ive already gotten hit hard with First Premier (178 in fees just to start off with!!!!!!) 3. Discover and 5/3 have both denied me. Any other suggestions of how to get other lines of credit??? Thanks in advance! Deedz
I wouldn't apply for anymore new credit for a while you both have very new accounts as you use these accounts and pay in full each month your scores will rise and in about 8-12 months of on time payments and good healthy credit building you should be able to get some of the better cards out there. And remember only use 1/2 of your credit limit at any one time, going over that will hurt your utilization.
In contrast, since you've already added so many a few more really wouldn't harm you too severely now. I would suggest the following for both of you: 1) Target, 2) Walmart, 3) Chevron, 4) Bloomingdale's, 5) Household (which I beleive can be applied for at householdcard.com or look around and you will find the online app), 6) Marathon, and maybe, 7) Hooters & Union Plus (these will be iffy approvals). You will take Experian inquiries from Household and Bloomingdales but, it's likely worth it.
