110 Contributions 550 People Helped Top Contributor

Member Since: July 2013

About Me: EQ FiCO = 658. EXPERIAN FICO = 670. TransUnion FICO (via Barclaycard) = 660 Credit Karma TU Vantage = 713, Credit Karma EQ Vantage = 733. Started rebuilding March 2013.

Most Helpful Contribution

Public Records on Your Credit Report

Aug 12, 2013
Helpful to 46 out of 59 people

Would anyone have the answer to this?  If you satisfy the judgement by making full payment or a settlement to the creditor, does that creditor have the right to report it as public record with any of the 3 credit bureaus?  These were past credit card debts...  I've gone through the painstaking process of paying off all my old charge offs and couple of creditors took me to court (i.e. Chase) because they wanted all of their money sooner rather than later.  I did this as opposed to fliling bankruptcy.  Reading some other credit card reviews, I find it odd that someone can declare bankruptcy yet people are getting approved for revolving credit based on some of the stuff I've read on this site.  Someone told me that you can petition the creditor once you satisfy the debt to have the public record removed from your credit report... Is that true?  These were obviously legitimate credit card debts so I don't want to "game the system" and dispute any debts that were legitimate but at the same time if I'm taking the reponsibility to pay those debts why should they remain on my credit report.  Any advice?? 

Activity (111 Total Contributions)

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Credit Card Approval Insights

May 16, 2014
Helpful to 28 out of 28 people

Unless the card is issued by First Premier in which case paying exhorbitant fees makes no sense just to keep the card active on your credit file...

Citi® Double Cash Card

Feb 08, 2015
Helpful to 14 out of 14 people

You've got to understand creditors will also look at your other debt obligations such as car loans, mortgages, etc., and not just CC utilization. Even if your credit score is 800 plus it doesn't entitle you to a high credit line. If they see you have multiple trade lines of $20,000 and you make 60K annual income, a creditor may get nervous extending you a similar credit line and/or to limit their potential liabilities (if they're not sure what your total liquid assets are). You indicate you spend 4K a month but on a 60K annual income, after taxes you would probably only have a net of a little over 3K in monthly income....?

Capital One® Quicksilver® Cash Rewards Credit Card

Nov 07, 2015
Helpful to 13 out of 13 people

hmmmm, that's weird... Capital One called me when they suspected fraud on two of my cards, closed those accounts, and expedited new cards out to me. When I spoke with them, they told me they were based in Richmond VA, not India... Just recently, they sent me a second look email when I left my server a generous tip confirming that I tipped them above 20%. Maybe you're confusing Capital One with Credit One....

Capital One® QuicksilverOne® Cash Rewards Credit Card

Mar 21, 2014
Helpful to 40 out of 45 people

Same here.  I was expecting a $250 CLI but was given a $1500 increase for $2000 CL.  They pull your EQ FICO (soft inquiry) during any automatic CL reviews or customer initiated CL increase requests.  My EQ FICO was 617 at the time, currently, EQ FICO is currently 634, EXP FICO is 650, CK is 628.  My TU FICO started at 523 in March of last year.  People complain about the $39 annual fee but you can easily make that up within the first couple of months with the cash rewards you earn.  Also, they DO NOT do a hard inquiry for any CLI request or credit line reviews (soft inquiry only)

The Secured Visa® from Merrick Bank

Mar 11, 2014
One of the better cards for rebuilding
Helpful to 10 out of 10 people

It looks like others are putting most of the reviews for the unsecured card under the "secured" card profile for Merrick.  I currently have the unsecured version though Merrick does offer a "secured" card if your credit score is really low.  If your credit score is above 700 you probably need not apply for this card.  Their "unsecured" card offer is via mail invitation only.  The secured card you apply for on their website.   On the offer it stimulates that your credit line will be doubled after 7 months if you maintain your credit profile.   The application process was pretty easy, I just put in the application number and all my address info was pre-populated.  I just put in my DOB and SS # and clicked submit and 30 seconds later I was approved for a $700 CL.  The hard inquiry was done through Transunion only.   I'm 5 months in so I'll update this on the 7th month if / when they increase my CL which seems like a gimme best on other reviews.  My CK was 617 at the time of application and TU FICO score was 604.  I would use for accurate scoring just because when Capital One did a CLI for me, I was mailed a CLI approval letter in the mail citing my Equifax FICO score, and it was the exact same number I had on   Of course it cost $$ for that.  There's no frills or rewards with Merrick but then again there is no annual fee.  They do provide your free TU FICO score once a month or their site which is nice.  The interest is kind of high at 26% but I rarely carry a balance. People are right, the balance that is reported to the bureaus based on your statement balance so it's always good to pay it down before your statement date so it reflects low utilization.  Take the CK score with a grain of salt as it's not always accurate but the CK report card is definitely helpful.  My current TU FICO is kind of low (@609) since I have 8 hard inquiries going through this whole rebuilding process (CK reflects it at 598 currently).  My Equifax FICO is 634 and Experian FICO is 649 (all through   Some of the other rebuilder cards like First Premier and Continental Finance are just god awful that will nickel and dime you to death. Unfortunately my scores aren't good enough for a better prime card and closing the subprime cards would just lower my score (AAofA).   Mind you I was in the low 500's at this time last year.  At least with Merrick there's no annual fee (and other misc fees) and I can keep the card open in the forseeable with some limited activity.  I've only had to call customer service once that was to ask about cash advances (it was a user error on my end).  It does seem that their call center is based in the US.  The rep answered my question adequately 

Capital One® QuicksilverOne® Cash Rewards Credit Card

Nov 19, 2014
Helpful to 22 out of 24 people

If you applied for the QuicksilverOne, the MasterCard version of the Quicksilver card, it does not come with a $100 sign on bonus.  The MasterCard version is supposed to be for folks with fair credit.  Capital One has a Visa version of the Quicksilver card which comes with a $100 sign on bonus.  That card is geared for folks scores in a higher range.  I just applied for the wrong Quicksilver card (the MC version as opposed to the Visa).

Capital One® Platinum Prestige Credit Card - EXPIRED OFFER

Nov 25, 2014
Helpful to 9 out of 9 people

That's for Quicksilver VIsa card, not the Capital One Platinum Prestige card.  The Quicksilver card gives you $100 sign up bonus.  You clearly signed up for the wrong card and you can't blame Cap One for that.  This card is a "no frills" card, which is low interest card (compared to most rewards cards) primarly for balance transfers from higher interest cards.  

Capital One® Classic Platinum Credit Card - EXPIRED OFFER

Sep 26, 2013
Helpful to 20 out of 22 people

I agree with ParkerJr.  When you go through hard times and are rebuilding credit, Capital One is one of the few lenders willing to extend credit those that are in the 550 - 640 range (the poor category).  Even people with past bankruptcies in the past 7 years I've seen get approved by CapOne.  You're right that Capital One only does once credit limit increase for cards in the average category and they probably do that to help minimize their risk as there is an inherent risk lending to people with scores less than 600.  Keep in mind Capital One does offer prime cards where they usually approve people with higher CL's and do more frequent CLIs (I had one in the past, 7 years ago, so I know).  

First PREMIER® Bank MasterCard® Credit Card

Apr 28, 2014
A card that doesn't grow with you...
Helpful to 29 out of 33 people

I won't go as far as sayingNYMets572008 is on Firs Premier's shill but certainly waves the flag for First Premier, lol.  This card is the worst card you can get.  If you're willing to put down a couple hundred dollars you can get the Capital One secured card or most other secured cards for that matter.  I know I signed up for this card because at the time it was my own stupid pride thinking that I had to have an unsecured card but, with the fees you pay in the long run, you will pay far more fees then you would with a secured card.  If you have negatives on your credit report (i.e. Collections, Charge Offs, Judgements, etc), even with positive trade lines, your score will hover in the 600's range which for most lenders you wouldn't qualify for a prime card (Citi, Chase, etc.).  In addition to that, having numerous subprime lenders on your credit file menight ev scare certain prime lenders away even if your score is on the borderline of being approved for prime card (Chase, Citi, Barclays, etc).   And someone mentioned that they don't do a hard pull on your credit report which is totally bogus.  They will do a hard pull on your equifax report.  Seeking a credit line increase??  Not only will they charge you a 25% CLI fee, sometimes they'll even do another hard pull of your equifax credit report.  Most lenders, if you have an account with them can just do a soft pull of your credit as they already have access to your credit files with the big 3 (if they report to all 3 bureaus) and they can view your FICO score and debt obligations and decide whether to approve you for a CLI or not.  It takes 8 days for your payment to post to your account unless you use the crappy Western Union speed in which you'll pay $11 for that if you want your payment to post next business day.  I will say that they don't charge interest if you pay your balance in full, while another subprime lender, Credit One, charges the average daily interest (meaning you even if you pay your statement balance in full they can still charge you interest).  On top of the $170 you pay the first year, after the 2nd year you'll pay $12 a month in "maintenance fees".  Though your credit score might temporarily dip if you cancel the card, paying $144 for this card makes no sense once you're approved for better cards.  Their website is very cumbersome making you re-input your password just to submit a payment online.    This is a good foot in the door type tradeline but this card will never grow with you as you better your credit profile and it's probably why the executives of this company choose the business model that they do with the high turnover of customers in the hopes that someone's misfortune turns into their fortune.   Keep in mind with a secured card, you can always get your deposit back.  Yes, credit repair is not a magic wand that will make all your negatives go way but it can at least get a decent amount of negatives off your credit file and save you the time involved with sending numerous dispute letters to the credit bureaus or your previous creditors.  No bankruptcy is not the answer as it will probably impact if you ever have aspirations to buy a home and stays on your credit report for 10 years but, keep in mind that multiple collections on your credit file might even have an even worse impact on your credit score as opposed to filing bankruptcy for the outstanding debts that you currently have...  CK's score uses the Transrisk new score model but most lenders will go your FICO score and ones that don't will go on your Vantage score.  Like most FAKO scores, it give you an idea of where you stand but doesn't mean it's 100% accurate.  The CK report card probably gives you the best idea of where you stand.  If you go to it will cost you $20 for each score and report you pull from any of the big 3 bureaus but it will give you an idea of where your scores stand.  Some lenders give you your free FICO score, like Walmart, Barclays, Discover, Merrick, etc (TU FICO).  Credit One gives you your free Experian FAKO score and Capital One's credit tracker is very similar to CK.  The only place I've been able to find the Equifax score is on their site or through myfico.  Current CK score is 643, Equifax FICO 658, Experian FICO 640, Transunion FICO 628.  I stopped caring at one point during the height of the recession when I lost my job and then subsequently took on a job making much less money which brought me to my low score predicament which I'm guessing happened to a lot of people that went the route for applying for this card   When I applied for this card a little over a year ago my Experian FICO was 520 so it will give you boost to your score if you go this route but, a secured card will probably yield the same result.   

Barclaycard Rewards MasterCard®

Oct 06, 2014
Yay Barclaycard!! Approved - CK 683
Helpful to 7 out of 7 people

Just applied last night.  Was approved with a $2000 CL.  Still in the rebuilding process that I started about almost 2 years ago.  I still have two 5+ year old collections on my credit profile but settled all my other old debts.  Barclays sent me an email today that my TU FICO is 651.  My scores directly with EXP is 665 and with EQ is 661.  Credit Karma actually said my chances for approval were "poor" but, I guess I proved them wrong otherwise, lol. They only pulled my TransUnion report (I have credit monitoring for all 3 major credit bureaus) and CK is already reflecting the new hard inquiry (7 total in 2 years).   I had applied for another Barclaycard a little over a year ago and was flat out denied (CK score was 617 then).  I have 2 Cap One cards (QuicksilverOne & Journey) and the Amex Green card (NPSL) so I'm guessing that helped.  Surprisingly, my score jumped 9 points today.    

As another reviewer pointed out, CK's assessments aren't always 100% accurate and it may be worth your while to pull your FICO score(s) and/or pull another resource.  The other resource I used actually said my chances were "very good" to be approved for this card. Just from my research, this particular Barclaycard is more likely to be approved for people that have scores in the fair credit range.  CK seems to contantly recommend the Chase Freedom card but, I went for this card as the rewards seemed decent and the likelihood of approval was better.   The rewards will come in handy for gas and grocery purchases (2%).  The interest is high but I usually pay my statement balances in full to avoid interest.  

I can't speak to the customer service as I just got the card but their online interface seems easy enough to navigate. There's no online chat feature like Cap One or AMEX offers (slight downside).  One positive I do see right off the bat, is that they offer a "rewards boost" tab where you receive additional points per dollar spent with certain vendors and they seem to have a wide variety there.  

I'm glad to be approved for a prime card!!  

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