just applied for a credit card... - Page 5
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Originally Posted by dfvazquez43
A quick question, are there any prerequisites ones should have before applying for a credit card?
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Renewal 3: Card: Jun/19Awaiting GC/USC...
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Originally Posted by TexasDreamy
Welp, got my card today. $2000 limit for some reason.
It frightens me how little information I needed to provide to get this. |
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How long do you think it will take me to max this out? 
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Renewal 3: Card: Jun/19Awaiting GC/USC...
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Originally Posted by 2Face
Okay..now stick with that card and stop applying for credit cards. Every time you apply for a card, your credit report takes a hard hit which takes your credit score down a few points. That hard inquiry doesn't come off your report for 2 years so be careful. Its no big deal but too many hard inquiries don't look good.
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My older brother who has no credit history applied to the CapitalOne Newcomer Card after I did and was approved with a $300 CL (you have to start somewhere).
My advice to everyone: BE SMART! Never spend more than you can pay back. NEVER miss a payment, at least pay the minimum balance!
I started with a Bank of Americard with a $900 CL, 3 days after I turned 18 (only using my ITIN) and now, almost 2 years later, I have 6 credit cards under my name
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Application Completed By - Myself | Date Application Sent - 8/15/12 | Lockbox Location - Chicago
Mailing Method - USPS Express | Date Application Received - 8/16/12 | Date G-1145 Received - 8/21/12
Service Center - Nebraska | Date I-797 C Received - 8/27/12 | Date Scheduled of Biometrics Completed - 9/13/12
Date of Decision Received - 10/1/12 | Decision - Approved
Mailing Method - USPS Express | Date Application Received - 8/16/12 | Date G-1145 Received - 8/21/12
Service Center - Nebraska | Date I-797 C Received - 8/27/12 | Date Scheduled of Biometrics Completed - 9/13/12
Date of Decision Received - 10/1/12 | Decision - Approved
Last edited by faaya; 07-21-2013 at 01:09 AM..
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Sent: 8/15/12 Biometrics: Completed on 9/17/12 (not a walk-in)Service Center: my app went to Nebraska (LIN)
EAD: APPROVED ON FRIDAY 11/2 Received Card: THURSDAY 11/8
DACA: APPROVED ON SUNDAY 11/4 SSN: Applied: 11/9 Card Received: 11/17
CA Permit: 11/19 CA DL: Passed 12/7 DL arrived 12/14
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Hopeful (Or) Hopeless
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Originally Posted by jcat
Great thread. I have a question for the Credit card utilization rate. Most of you said do not go over 25~30% of my spending limit. But does that mean monthly? Lets say throughout the month I use 20% of my limit and pay the 20% in full right away for my first week. Then on week 2 of the same month I use 20% and pay 20% back the next day. I do the same for Week 3 and 4 of the same month. Will that raise my credit score quicker or is it the same thing as using 20% of the limit only one time for the month?
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