I successfully rebuilt my credit from the depths and am now back to 700. I started the rebuild with a $300 secured CC (w/no annual fee) which I paid off every payday. After a year, they fully refunded my money and made it a legit CC, eventually upping my limit to 600. I recently applied for a Discover, and they approved with a $6500 limit. I still pay these off every payday and have no intention of changing that or charging anything big on them. Now I have an Amex application staring at me. I currently have a moderate amount of hard reads and my current pool of available credit is well under 10% of my annual income. Would the Amex be too much? How is my credit availability looked at when I go get my next car loan? Thanks!!!!
(EDIT - The $600 card is a Visa. Sorry for missing that!)
Submitted February 19, 2017 at 04:54PM by Cleffer http://ift.tt/2kNVTFw
