Over the last few months I've decided to start working on my credit. I recently completed rehab on my federal loans, paid off my 4 credit card balances to zero except my navy cc that I let report a $2 balance. I also paid off a collection account with IC Systems last week. I'm waiting for that to be removed from my reports but I don't think it will make a huge difference in my score. Three months ago when I checked my reports, my score ranged between 570-590. Now my scores are 620-660. I still have a lot of work to do to clean them. I have a prior chapter 7 in late 2012 and I'm plagued by a private student loan that is delinquent. I've made a lot of mistakes when I first started at 18. These are the cards I currently have.
2 cap one $850 limits but closed the Sony visa today. Cfna $1200 & Nfcu $1600
The first card I applied for was Barclays reward: approved for $1500. Then I tried with Usaa and was declined
Next was Discover it. I had to send some verification info and was approved for $1500! I never had discover so I'm very happy. I applied for an increase with NFCU and was instantly increase to 10k!!!!! I was shocked! I tried for the nav check also and its pending review. I went over to DCU website and applied for a cc and got approved for 5k pending income verification and opening the membership. DCU is also asking for ID, social security card and utility bill. Seems like a lot to do but I'll send it since I heard so many good things. I burned chase, Amex, citi, bofa in my bk so I decided, what the hell and went for it.Citi instant denial
Amex gold charge card sent me an email to check the status, but it doesn't seem to find my app. Maybe I put the wrong info on the app when I applied. I'll have to call.
Chase freedom gave me a 30 day we'll get back to you. Lol
Bofa americard countered with a $500 cc and $39 annual fee but not secured. I'm very happy to be back in with bofa even though it's a small limit. Hopefully it will grow.
Very excited about the progress I've made over the last few months and now back to the garden I go for at least a year while I work on my credit.
I plan on settling with the private student loan in January since they'll be sending me a 1099c for such a large amount. That way I have time to build my savings again in and to pay the taxes when I file in 2018.
I'm considering closing my last cap 1 and Cfna, what do y'all think? Any suggestion and feedback is appreciated
