topic App Spree / CLI Questions in Credit Cards

App Spree / CLI Questions

ionred — Fri, 05 Oct 2012 02:12:48 GMT

Hi again, all!

Have a few questions regarding app spree's:

* Is there a preferred order to work though when doing spree's?

* Should I try and process CLI's on the same day?

* What about asking for new line's from companies you already have CC's with? Is this reccommended or discouraged? Before or after the CLI request?

I checked around and did not see an App Spree FAQ post (although my search button-fu could be failing me).

Thanks!

Re: App Spree / CLI Questions

nenuco — Fri, 05 Oct 2012 03:13:41 GMT

*Bump.. interested in the answers to this as well :)

Re: App Spree / CLI Questions

nenuco — Fri, 05 Oct 2012 03:14:38 GMT

What cards are you looking to app for?

Re: App Spree / CLI Questions

scientifics — Fri, 05 Oct 2012 11:15:27 GMT

Your apps are going to show on your credit report immediately, so I would apply for the cards in order of how much you want each. Similarly with the CLIs, do them before or after the new apps, and do them in order as well!

Re: App Spree / CLI Questions

kulamrazool82 — Fri, 05 Oct 2012 15:19:22 GMT

Hi,

My opinions inline...

* Is there a preferred order to work though when doing spree's? - Yes, there is. It depends on the cards you want. Always good to start from Most Valued (hard to get) cards to less valued (or) easy to obtain cards.

* Should I try and process CLI's on the same day? - Yes, it's better to process it on same day...once you done apping for your new cards.

*What about asking for new line's from companies you already have CC's with? Is this reccommended or discouraged? Before or after the CLI request? - Tricky question. I would app for new line. And, I will wait for few months to ask for CLI on the existing acc.

Good luck!

Syed

Re: App Spree / CLI Questions

ionred — Sun, 07 Oct 2012 04:13:25 GMT

I guess I misunderstood the whole app spree process. I thought nothing would show up on your CR for a couple of days, the reason for doing it all at once to keep the new HP's and AAoA drop from showing when you're app'ing with all the companies.

If that's not the case, is there any particular reason to do an app spree?

Re: App Spree / CLI Questions

migliogiorni — Sun, 07 Oct 2012 04:18:17 GMT

Inq's show up, it's the accounts that don't show up right away. Well sometimes they do but in my case Discover,Citi,Chase took a few days to start reporting so my AAOA hadn't taken that hit yet.

Re: App Spree / CLI Questions

creditnocash — Sun, 07 Oct 2012 04:23:29 GMT

the incentive for app spree is that the inq all fall off or stop effecting your score the same day.