Question
ok im trying to rebuild my credit i got two secured credit cards and now im wanting a department store card?
my exuifax fico score is 536 my trans union is way low 486 my question is which card may accept me and do any one know which one of these cards pull from equifax because they may be my best chance by the way my secured cards are four months old with under ten percent used of 700 total credit WalMart Home Depot JC Penney Target Sears Lowe’s KMart Macy’s Disney Store Kohl’s
1 month ago - 7 answers
Best Answer
Chosen by Asker
Do not apply for the department store card. You should always wait 6 months after obtaining credit to apply for more credit, otherwise lenders will see all the pulls on your credit and deny you for too many recent inquiries. Instead use the secured cards, charge small amounts and pay them off in full each month. After a year convert the cards to a unsecured card, or apply for a unsecured card. The secured credit cards if being reported are building you credit a little each month with your prompt on-time payments.
1 month ago
Asker's Rating: 
Other Answers
That's too much new credit too fast; "more" is not necessarily "better." Keep using your secured cards sparingly and pay off the ENTIRE balance each month. Wait 12 months before trying for any more credit.
by jlf- 1 month ago
those are bad credit scores. your chance of getting approved is slim to none. i'm banking on none. rebuild your credit first.
by ConfusednOHIO- 1 month ago
Horrible credit scores. You need to work on these before you apply. Keep your cards open, paid on time and the balances low for 12 months. Look for mistakes on your credit report and correct them. Bring all payments current. Pay off any collections(be sure to get a pay for delete). After you do that, then apply for a credit card. It takes time.
by timothy p- 1 month ago
slow down and relax - with those scores, no one is going to give you a credit card any time soon and when they finally do, expect the interest rate to be a least 24%, so it won;t make much sense to use it once you have it anyway
by Doctor Deth- 1 month ago
Wait for a while before you get another card. By then your score will go up a bit as well..
by Clutch- 1 month ago
Most likely macys. Go to whogavemecredit.com and look for macys. They usually approve anyone but give low limits. My mom had a charge off of $113.00 and she just got offered that if she paid them, they would give her a 1000 credit limit again. Personally, I got denied because I had just gotten a credit card that same month and had 22 inquiries!
by M.I.A- 1 month ago