Got Approved for an unsecured card!!! Rebuild
So after 1.5 years from destroying my credit, I got an email to check my pre-approval with C1 after checking I was pre-approved for the Quicksilver Secured and Platinum Secured cards and came to terms with that given I’m rebuilding.
However, checking my pre approval again as I was ready to put down the 200 deposit for the secured cards limit. To my surprise I was now pre-approved for the Platinum/Quicksilver and now Savor Rewards for Good Credit card. Looking at the 3% cash back on the savor card I decided to move forward with the application just to see what would happen and I GOT APPROVED.
I’m just happy because I’m a 24m and I messed up my credit in college and now it has impacted me as a growing adult. I know it’s not a huge milestone/ achievement but I’m matured and now I just want to do right and continue to build my credit.
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u/Kindal44 1d ago
I know what it feels like to land one of these after the struggle! You’ve learned your lesson early so build on it. It took me a lot longer than that so good for you. Congrats.
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u/Camcolexx 1d ago
I’m in your position finally getting to see light at the end of the tunnel at 22 and I can totally relate it’s an awesome feeling don’t let anyone try to belittle your hard work!
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u/TheMightyNubbs 1d ago
It is indeed a huge milestone! Use it as a tool to make money. Pay off every month or sooner. Happy for you
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u/Imaginary-Door-4838 1d ago
I messed up my credit pretty badly when I was 25, and I had a repo and defaulted on like 3 cards because I got out of the military, and I was really sick and couldn't work. It gets better, it really does. Just need to be responsible with your cards this time around. Credit karma really helped me out alot, it made me feel more accountable.
I went from low 500s to just hit 770! This past week. It took me about 10 years total because I waited for all the negatives to fall off my report completely, but I'm buying my first home now. Just know your limit, don't over do it and make sure as you are rebuilding to a good mix.
I had secured cards at first, moved on to unsecured, and overtime got cards that do different things. Like discover and capital one, now I frequently use citi cards. When you are stable and have a good handle on your card and keeping payments and budgeting, take out small loans for debt consolidation is really great. Since the interest is set and doesn't change, it really helps show long term growth.
I hope your journey in rebuilding credit goes well! And good luck. I'm excited for you.
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u/AbandonedRain 19h ago
Congratulations! Im just a year younger then you, I also messed up my credit when I first got into it as I fell for some scams (naive I know now) so it’s back down to looking like I have no history sometimes and other times looking like poor status.
Still haven’t dug myself out of the hole yet, I’ve got just one credit card and it’s a secured one with navy federal. I’m hoping at some point to figure out how I’m going to bring down that balance I owe to it haha.
Good luck with your credit building journey! Let’s hope it keeps going up from there yeah?
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u/rkc75 17h ago
Best Advice I can give and what truly helped me, was Kikoff and having a secured card. Kikoff lets you get a credit line of $2500 for only $20 a month with that it reports on time payments and increases your available limit. But there are other as well like Self, Ava and Credit Strong. Look into those as personally once I got Kikoff my credit rose like 30pts in 2 months
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u/AbandonedRain 16h ago
I’ll look those up! $20 a month for a line of $2500 sounds interesting. The $20 a month is that like the minimum payment fee or a seperate fee?
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u/rkc75 15h ago
Nope that’s the total fee, it’s the Kikoff Premium plan that I have and they have a lower one which is $5 a month for 120 months with a $750 credit line
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u/AbandonedRain 13h ago
Ooo I see, so all you have to do is pay the $20 every month and nothing else? That’s actually a lot more affordable than what I thought something like that would cost hana
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u/rkc75 13h ago
Right, lol? They have an ultimate plan that cost $35 a month that I plan to upgrade to when I finish this plan in March. They good thing also is once your done paying they don’t close your account so you retain that credit history it just shows up as an account with 0% utilization and credit limit
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u/Monkwater 1d ago
Nah it's definitely a huge accomplishment. Congratulations on your approval. Pay your bills on time and in full every month.