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Spree - to much success?

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Just wanted to share some success and hope it helps others. All scores are FICO 8. FICO 8 Bankcard scores were about 10 points higher on average. FICO score 9 scores were 10-40 points higher.

 

Started rebuilding in Janurary. Scores were in the 590 range. Had CO's from CITI, BOA, Merrick, CAP1 and others. One collection with MIdland. Haven't had a CC since mid 2014.

 

Starting in Janurary and ending in June I had settled/PIF all of my past due debt.

 

My AAOA was around 10 years old before all of these application. I have positive house and car payment history for 5+ years.

 

Jan-Apr 2016 opened the following items:

    CAP1 - $2000 - started at $500

    Milestone - $300

    FNBO - $400 secured

    NFCU - $700 secured

    NFCU CLOC - $5000

    NFCU personal loan - $8500

 

All three scores were in the the 650 range at the time I applied for the following:

   Discover-$3k      - Exp +EQ - have always wanted a Discover

   Amex    -$1k       - Exp - had a positive 1k card with them several years ago

   USAA    -$6k       -EQ - offered me a secured card earlier in the year

   NFCU    -$22k    - TU - though they were going to pull EQ. I have several positive trade lines with them including a house

   PENFED-$10k   - EQ - recon from deny to 5k to 10k

   PENFED PLOC -denied - requested 10k, they wanted some history with them first which I feel is fair

   Chase    -denied- Exp  -did not try to recon because I had to much success at this point

 

None of the apps came back right away besides I think Discover. My plan was to apply for some TU cards as well but no need now.

 

I am not so worried about my credit at the moment and am thinking about closing the secured cards to pay off some debt faster. Anyone have an opinoin why I shouldn't close the secured cards?

  

 

 

 


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