jerrasic

86 Contributions 281 People Helped Top Contributor

Member Since: May 2012

About Me: April 2019: TU 753/EXP 741/EQ 767

Started my credit repair journey in 2014 with all my scores under 525. Seven collection accounts, ten delinquent marks, and a tax lien. Not just bad credit, but no credit, too.

You can do it, too! Good luck!

Recommended Cards: AMEX, Walmart MC, DISCOVER, Amazon Chase

Most Helpful Contribution

American Express® Gold Card

Mar 13, 2018
Love the card. And a rant...
Helpful to 173 out of 188 people

First off, this is yet another great card from AMEX. I went from Green to Gold only for the membership points offer. Otherwise, I was perfectly happy with Green. The personal service and responsiveness of their support people is tops by far over any other card company I deal with. What I can't believe is that, in this day and age, some people blame the company with 1 star reviews because they didn't educate themselves on what they were getting. Who doesn't know that the classic AMEX cards aren't revolving credit cards?? They have always been charge cards and have to be paid off every month. Also, they tell you the annual fee and potential benefits BEFORE you get it. Why are you complaining  that 'It's not worth it'  AFTER you get it? A responsible consumer makes sure they will actually use a card to get the benefits. If you won't? Don't get that card. How simple is that? And the whole idea that AMEX customer service is bad is absurd. Okay, end of rant. If you charge significant amounts and pay off your balances every month, this is an excellent choice. The reward points pile up for this Amazon shopper. If not, don't just get it because the color is cool.

Activity (86 Total Contributions)

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American Express® Gold Card

Mar 13, 2018
Love the card. And a rant...
Helpful to 173 out of 188 people

First off, this is yet another great card from AMEX. I went from Green to Gold only for the membership points offer. Otherwise, I was perfectly happy with Green. The personal service and responsiveness of their support people is tops by far over any other card company I deal with. What I can't believe is that, in this day and age, some people blame the company with 1 star reviews because they didn't educate themselves on what they were getting. Who doesn't know that the classic AMEX cards aren't revolving credit cards?? They have always been charge cards and have to be paid off every month. Also, they tell you the annual fee and potential benefits BEFORE you get it. Why are you complaining  that 'It's not worth it'  AFTER you get it? A responsible consumer makes sure they will actually use a card to get the benefits. If you won't? Don't get that card. How simple is that? And the whole idea that AMEX customer service is bad is absurd. Okay, end of rant. If you charge significant amounts and pay off your balances every month, this is an excellent choice. The reward points pile up for this Amazon shopper. If not, don't just get it because the color is cool.

American Express® Gold Card

Jul 05, 2018
Helpful to 26 out of 26 people

It doesn't not say "No Limit". It clearly states 'No Preset Spending Limit'. Those are two entirely different things.

Blue Cash Everyday® Card from American Express

Jan 15, 2018
AMEX is king!
Helpful to 26 out of 27 people

What's not to love? No annual fee. 15 mo no interest and it's variable rate is still better than most fixed. Typical excelent customer service that others can't touch. I've been a green card holder for a couple years now, spending typically about $200 on it per month. I was pre-approved for it when I hit the apply button here on CK with a $10k limit. AMEX uses Experian btw, so make sure your score there is comparable to your CK TU/EQ scores. My FICO based on Experian is 750, score is 712. CK TU 682/EQ 618 (the EQ scoring here has always been dubious).  If you didn't get approved try the green charge card and use it to begin with. Proving you can handle that a while will open the door to their revolving cards without the hard inquiries and bad feeling of being declined.  All in all, I'd only use AMEX if the CL was $50k (give me time!), and carry one other for non-AMEX outlets. They are, by far, the best card company around. 

Capital One® Platinum Credit Card

Jan 18, 2018
Meh...
Helpful to 25 out of 27 people

I got this card during my credit recovery period, and no doubt I was glad to get approved. If that's your purpose in applying, then my review doesn't really apply to you. This is an 'easy' card to get for those with little, no, or weak credit. Now, today, with good scores, I find this card to be pretty useless for anything other than makign my available credit higher and keeping my utilization number low. The rate is terrible. There really are no perks to speak of. I've asked for CL increases through their requiest link twice in the last year, and they refuse, stating that I don't use enough of my available credit with them to justify it.  Essentially, they're saying that they're punishing me for being a responsible credit user. Frankly, the only reason I keep it is that it costs me nothing to own it. If it cost me a dime in an annual fee, it'd be gone in a heartbeat. 

Merrick Bank Double Your Line™ Visa® Credit Card

May 26, 2016
It's a good deal for people building CR
Helpful to 5 out of 5 people

I have this card now. I was around 640 CS when I got the pre-approval.  Started with a 1250 CL. doubling to 2500. Yes, it has an annual fee,  but if you're building your credit new, or like me, have spent alot of time, energy and money getting your credit halfway decent after wrecking it previously, you'll have an annual fee no matter who you go to. NAF cards are for well established credit in most cases. The fee is well worth the credit benefits I enjoy from getting that huge boost in my available credit. People tend to overlook the benefits of a CL increase, as it lowers your overall usage significantly. I personally don't carry balances for the most part, but when I do, I want my overall use to be well below 10%.

If you fit the building credit type person, and you need to add to your available credit, it's a great card to have. As with them all, you simply have to pay the bill on time, and you'll like it in your wallet.

Blue Cash Everyday® Card from American Express

Jan 15, 2018
Helpful to 3 out of 3 people

Hey man, you're worried too much about that 10% spending. That's just in relation to your report, not your standing with AMEX or any credit card company. Your balance is only reported one day a month after your closing date. Use your card, even when you have cash on hand. Then after a day or so and up to your close date, go in and pay it off/down under that 10%. Trust me. credit card companies want to see you using your credit and paying it off responsibly. You aren't doing your credit any favors by having a card collecting dust in your wallet. My guess is your scores are low 600s considering your CL on this card. Try transferring a few bills you pay each month to it rather than paying from your bank account. Then you're using your credit and not incurring any 'new' charges. You're just consolidating your monthly power/phone/etc bills into one payment. Good luck!

how do i print a full credit report

Oct 24, 2018
Helpful to 2 out of 2 people

PS - That's a free report from each bureau so you can get all three!

How does this even make sense??!?!?

Apr 16, 2018
Helpful to 2 out of 2 people

Hi! I think the collection account removal is probably the culpirt, but just short term. When I had the same experience a couple years back, it turned out that the CRAs list the collection as current before removing them, so it had a short term negative effect on my scores. They were back up in a few weeks, though. It's our nature to see these weekly scores and obsess about every minor change (I do!), but it usually evens out over time. 

Hope this helps!

Can I get a second car loan if I got one within the last year?

Oct 24, 2018
Helpful to 1 out of 1 people

Hi! If you have the credit score and make enough money, I'm sure someone will finance you for a second vehicle. The question is, should you? That's a lot of debt. My suggestion is, find something that you and your parents can chip in and buy that you can pay off at one time. That way they have a vehicle to get around and you don't have any extra debt. It might not be fancy transportation, but if you look around you can find a cheap car that'll last a while. Then maybe after a year or two, they'll be able to finance their own vehicle if you help them get their credit in better shape. Good luck!

sears reported me for late for a bill I did not receive

Oct 24, 2018
Helpful to 1 out of 1 people

Hi! Honestly, you don't have much of a leg to stand on here. You have a revolving credit account that you have known was due each month around the same time. Just changing from paper to email billing isn't  a legitimate reason to claim you had no idea you owed the debt on that day. It's your fault. Not Sears. My suggestion would be to ask them very nicely to remove it. It probably won't work because it seldom does with creditors, but it's a better idea than blaming them for your failure to pay on time. 

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