topic Re: From dissapointment to joy! in Credit Cards

From dissapointment to joy!

searchingfor67 — Wed, 11 Apr 2012 14:50:08 GMT

Well, today was the day that I finally hit six months on my Citi Dividend World Mastercard...I couldn't wait to hit the love button, as I was confident that they would raise my limit. I filled out all of the pertinent information, but to my surprise, right before submitting the application, I was informed that I may incur a hard pull - however, I wasn't concerned because I have security freezes on all of my bureau reports. But to my dismay, my transunion report was in fact pulled despite the freeze. As you can imagine, I was very angry...I mean spit flying angry. And to make matters worst, Citi declined my request :smileymad:...I had planned on gardening until next month, at which point I had planned on applying for a CSP and a USAA World MC.

Angry about the pull, and more so because of my impatience (I should have cancelled when informed about the hard pull), I decided what the heck...I've already been dinged, I may as well go ahead and apply for the two cards that I was gardening for. So I lifted my freezes and applied for the CSP first, and....instantly approved for a $12,500 cl :smileyvery-happy:...next came USAA World MC, and....instantly approved for $5000 cl :smileyvery-happy:...order has been restored, and I will be happily gardening until 2014...Thanks myFico! I am so much more educated because of you...

Re: From dissapointment to joy!

crosbyk1 — Wed, 11 Apr 2012 15:05:00 GMT

Congrats on your new cards!

Re: From dissapointment to joy!

searchingfor67 — Wed, 11 Apr 2012 15:08:13 GMT

Thank you! It's been a long journey...When I started rebuilding in 2007, my credit scores were 528, 551 and 549. Still kind of surreal to now be able to get instant approvals...

Re: From dissapointment to joy!

jla84 — Wed, 11 Apr 2012 15:35:04 GMT

Wow, a $12,500 instant approval! Congrats! That'll be some happy gardening! :)

Re: From dissapointment to joy!

searchingfor67 — Wed, 11 Apr 2012 15:38:55 GMT

Thank you :smileyhappy:..yes it will! I don't plan on apping again until I apply for a mortgage in 2014...

Re: From dissapointment to joy!

tray — Wed, 11 Apr 2012 18:47:17 GMT

Congrats, that is a very nice starting cl for the csp, enjoy your two new cards

Re: From dissapointment to joy!

jefftca925 — Wed, 11 Apr 2012 19:18:27 GMT

Major CONGRATS!! Smart move and it came out better in the long run.

Re: From dissapointment to joy!

searchingfor67 — Wed, 11 Apr 2012 19:30:28 GMT

Thank you both!

Re: From dissapointment to joy!

webhopper — Wed, 11 Apr 2012 19:35:38 GMT

Congrats on your new cards!! Smart move to go ahead and app it out.. Happy gardening until 2014 :D

Re: From dissapointment to joy!

ReBuildingAgn — Wed, 11 Apr 2012 20:28:38 GMT

WOW, Congrats Searching! That's great especially since you've been working on your credit for so long. I had a similar story (and scores). I started rebuilding in 2008 and got really serious about it last fall. I've still got my rebuilder cards, but I hope to ditch those either at the end of this month once I close on my house or this summer.

Re: From dissapointment to joy!

Koop10010 — Wed, 11 Apr 2012 20:40:37 GMT

Congrats on the cards. May I ask, how long have you held the Freedom?

Re: From dissapointment to joy!

searchingfor67 — Wed, 11 Apr 2012 21:24:47 GMT

Koop10010 wrote:
Congrats on the cards. May I ask, how long have you held the Freedom?

I have had my Freedom for 7 months...I have been banking with Chase since 2005, so that may or may not have made a difference...

Re: From dissapointment to joy!

Koop10010 — Wed, 11 Apr 2012 21:46:48 GMT

Thanks, I'm considering a Sapphire application soon. I was approved for $2500 on my Freedom in February, but in the meantime a 2 year backdated Blue with a $6,000 limit has appeared, so I'm trying to gauge how long I should wait before trying the Sapphire.

Re: From dissapointment to joy!

searchingfor67 — Wed, 11 Apr 2012 21:51:21 GMT

Koop10010 wrote:
Thanks, I'm considering a Sapphire application soon. I was approved for $2500 on my Freedom in February, but in the meantime a 2 year backdated Blue with a $6,000 limit has appeared, so I'm trying to gauge how long I should wait before trying the Sapphire.

It may or may not be too soon, but Chase is excellent with recons, so your YMMV...

Re: From dissapointment to joy!

Koop10010 — Wed, 11 Apr 2012 22:03:13 GMT

It think it is too soon right now, I'm planning an application around August, which would give me 6 months on the Freedom and get me to 3 years of credit history.

Re: From dissapointment to joy!

searchingfor67 — Wed, 11 Apr 2012 22:05:22 GMT

Koop10010 wrote:
It think it is too soon right now, I'm planning an application around August, which would give me 6 months on the Freedom and get me to 3 years of credit history.

Smart move...