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Valued Member
rbtextreme
Posts: 49
Registered: ‎10-27-2011
0

APP spree after closing

I'd like to start out by saying thank you to everyone on this board! If it weren't for the helpful information/people found on this site I would've never been able to repair my poor credit history.

 

Closed on my house 8/30/12- FHA @ 3.75%- Mortgaged $151,000 after putting down $10k

 

APP Spree: (This was all completed after my loan was funded.. Ended up funding before I even left the title company)

 

American Signature Furniture- Applied online and instantly approved for $1500, called and asked for $5k, countered at $3800

Home Depot- Applied online and instantly approved for $500 (store card), called and asked for $10k, was on hold for about 10 minutes and was declined any increase :smileysad:

Kay Jewelers- Applied online and instantly approved for $1500, called and asked for a CLI but the rep stated that I would need to go into a store to request an increase (going to do that today... I'll let you know the outcome).

Macys- Applied online and instantly approved for $300 (store card), called and asked for a CLI but the rep stated that I needed 3 months of billing before they could process a CLI.

Best Buy- Declined, I previously burned GECRB for about $1500 and believe that I have been blacklisted (I can't get any GECRB backed card....) Called and spoke with a rep and she stated that I would have to wait until it falls off my credit report.

Chase Amazon- Declined, waiting on the reasons.

 

Barclays Visa- Just hit 6 months so I requested a CLI online. Original CL was $1500, asked for $5k, approved at $2380. I didn't want to call in due to the amount of inquiries I had hitting my report... Decided to just be thankful for the increase.

 

Chase Finance/Mazda- 2nd child is on the way so I need a larger vehicle. Approved for a lease! Walked in with a 06 Civic with 80k miles and left with a 2013 Mazda CX5. I was glad to get rid of my 15.99% interest on the civic.

 

Scores were EQ 652, TU 651, EX 618 (Lender Pulls)

 

What's in my wallet?

Grow FCU Visa $5k, American Signature $3,800, Barclay $2380, Kay $1500, CFNA $800, Home Depot $500, Orchard $320, Cap one $300, Macys $300

 

I'm afraid to see whats about to happen to my credit.... But I don't have the need to buy anything else right now. Time to pay down some of my credit cards :smileyhappy:

 

 

Established Contributor
calihlove75
Posts: 791
Registered: ‎05-16-2012
0

Re: APP spree after closing

Congrats on the house, the new credit, and more importantly the new baby. You have a lot going on!

100% Ficos: EX 762, TU 767, EQ 762 Inquiries last 1 year/6 months: EX-0/0, TU- 0/0, EQ-1/0~ last credit card app 6/24/13- New car loan 3/8/2014
Discover IT $9500~Kohls $1000~Amex BCE $2000~ Walmart Discover $7500~NFCU Signature CashRewards $16,100~ Chase Freedom MC $6000~ Chase Amazon Visa $1900~ Cap 1/HSBC MC $2500~ Amazon Store $7000~ Fingerhut $1050
Senior Contributor
jsucool76
Posts: 3,853
Registered: ‎12-11-2011
0

Re: APP spree after closing

Best buy is a cap1 card, not a GECRB as far as I know.

But congrats on your approvals and your new house !!!
;
Frequent Contributor
JPersat
Posts: 299
Registered: ‎05-28-2012
0

Re: APP spree after closing

Congrats on everything!! Our scores a similar, so you give me hope..we're having our scores repulled on the 26th for mortgage!


Starting Score: 492 02/12
Current Score: TU: 668 (FICO), EQ: 668 (FICO). EX: 651(lender pull 9/27/12)
Goal Score: 660



Valued Member
rbtextreme
Posts: 49
Registered: ‎10-27-2011
0

Re: APP spree after closing

Thank you all for the kind words! And yes, you were correct about capital one backing best buy.

 

Has anyone else dealt with GECRB blacklisting you? @JPersat- If you're in FL I can refer you to the mortgage company I used (they go as low as 600 mid score). Let me know.

Frequent Contributor
Razeus
Posts: 395
Registered: ‎04-02-2012
0

Re: APP spree after closing

That's exactly what I did.  After i bought my home (fully funded, keys in hand), 2 weeks later I decided I needed better credit cards, after avoiding credit apping for 4 year.  I went 5 for 5.  August was my best month finanically, in a very long time.

My Wallet:
Discover It $14,300 | Chase Sapphire Preferred $7,500 | Chase Freedom $5,000 | Citi Simplicity $5,000 | AMEX BCE $3,000 | Paypal Extras Platinum $5,000 | Wells Fargo $1,000 | AMEX Zync NPSL
Mega Contributor
LS2982
Posts: 15,436
Registered: ‎04-09-2011
0

Re: APP spree after closing


rbtextreme wrote:

I'd like to start out by saying thank you to everyone on this board! If it weren't for the helpful information/people found on this site I would've never been able to repair my poor credit history.

 

Closed on my house 8/30/12- FHA @ 3.75%- Mortgaged $151,000 after putting down $10k

 

APP Spree: (This was all completed after my loan was funded.. Ended up funding before I even left the title company)

 

American Signature Furniture- Applied online and instantly approved for $1500, called and asked for $5k, countered at $3800

Home Depot- Applied online and instantly approved for $500 (store card), called and asked for $10k, was on hold for about 10 minutes and was declined any increase :smileysad:

Kay Jewelers- Applied online and instantly approved for $1500, called and asked for a CLI but the rep stated that I would need to go into a store to request an increase (going to do that today... I'll let you know the outcome).

Macys- Applied online and instantly approved for $300 (store card), called and asked for a CLI but the rep stated that I needed 3 months of billing before they could process a CLI.

Best Buy- Declined, I previously burned GECRB for about $1500 and believe that I have been blacklisted (I can't get any GECRB backed card....) Called and spoke with a rep and she stated that I would have to wait until it falls off my credit report.

Chase Amazon- Declined, waiting on the reasons.

 

Barclays Visa- Just hit 6 months so I requested a CLI online. Original CL was $1500, asked for $5k, approved at $2380. I didn't want to call in due to the amount of inquiries I had hitting my report... Decided to just be thankful for the increase.

 

Chase Finance/Mazda- 2nd child is on the way so I need a larger vehicle. Approved for a lease! Walked in with a 06 Civic with 80k miles and left with a 2013 Mazda CX5. I was glad to get rid of my 15.99% interest on the civic.

 

Scores were EQ 652, TU 651, EX 618 (Lender Pulls)

 

What's in my wallet?

Grow FCU Visa $5k, American Signature $3,800, Barclay $2380, Kay $1500, CFNA $800, Home Depot $500, Orchard $320, Cap one $300, Macys $300

 

I'm afraid to see whats about to happen to my credit.... But I don't have the need to buy anything else right now. Time to pay down some of my credit cards :smileyhappy:

 

 


Best Buy is backed by HSBC/Capital One. Did you mean them?

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
JPersat
Posts: 299
Registered: ‎05-28-2012
0

Re: APP spree after closing

I'm in Texas, but thanks :smileyhappy:

 

How did your Kay's CLI go?


Starting Score: 492 02/12
Current Score: TU: 668 (FICO), EQ: 668 (FICO). EX: 651(lender pull 9/27/12)
Goal Score: 660



Regular Contributor
EandK23
Posts: 178
Registered: ‎09-12-2012
0

Re: APP spree after closing

Congrats! How very exciting!
Valued Member
rbtextreme
Posts: 49
Registered: ‎10-27-2011
0

Re: APP spree after closing

I didn't have the chance to run over there yesterday. I'll be over there today though.

 

Thanks for the comments!


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