About

So after a series of events back in 2009 I found myself and my credit score ruined. I went through a time period where I did not care about my credit score and I certainly did not care about all the credit card debt I had. You see the first time I had credit card debt was when I was a college student. (I had a $12,000 credit limit on my Citibank card) I settled those accounts back then and did some debt consolidation program. I told myself that I would never get back to that point but of course life sometimes happens and leaves you with no choice. 

Eventually I wasn’t able to make payments on my credit card accounts so I just let them go. At this time I didn’t know how to go about fixing my credit or the fact that there are 5 main categories that make up our credit score. A couple of years go by and now it’s 2013 and I found myself caring about my credit score because I knew that I would need a decent credit score to get some things in the future. At that time I got a credit card offer in the mail from capital one. Knowing the importance of having credit I decided to go ahead and get the capital one platinum card. That was my first step towards rebuilding my credit. My initial credit limit on the capital one platinum card was just $300.

It didn’t matter I was just grateful that I got approved for the credit card because I had some serious credit card debt. I owned chase like a little over 6,000 and I believe I also owed a couple of credit cards but I don’t remember how much.

Ok so I was finally on my way to taking responsibility and trying to be an adult that is making some positive changes in regards to my credit and finances. It was at this time that I decided I would only use my credit card if I had money in the bank to pay it off immediately. That was the first rule I set for my self. I applied that principle for about a year and then out of no where I got another credit card offer from Capital one. This time is was the capital one quicksilver card. The capital one quicksilver card allowed me to earn unlimited 1.5% cashback on all my purchases. I wasn’t very familiar with cashback (in 2014) but I did like the fact that there was no annual and my credit limit will automatically increase after making 5 monthly payment. So after 5 months I got a credit limit increase to 1,000 then to 3,000, 5,000 and eventually 7,000 which is what it is today. 

After the having both the capital one platinum card (2013) and the quicksilver card (2014) I applied for a car loan with Capital One Bank in December 2015. To my surprise I was approved even though my credit score was t very good. I decided to go with Capital One Bank because I already had history with them. 

Here is a break down of my credit journey since 2013 if you’re rebuilding or building your credit score I would suggest getting a secured credit card first…(I’ll talk more about that at a later date)