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Established Contributor
Posts: 778
Registered: ‎03-07-2007
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Re: Advice on apping


Meltdownblitz wrote:
I was considering apping for BCP. I have currently 4 new accounts in the last 6 months. Only 2 INQ in the last 6 months on EX. And also opened a Amex zync back in June, therefore almost had it for 6 months of perfect payment history and ran a lot of money through it.  No baddies, FICO is around 720. What do you think my chances are of getting approved? Opinions appreciated thanks.

Luckily you don't have any TL's with Barclays, they would have shut you down. Four accounts in 6 months is considered excessive with most creditors, makes it seem like you having financial difficulties and your scores will reflect that activity.

 

You leaving yourself opened to lots of AA, Smiley Surprised

Frequent Contributor
Posts: 260
Registered: ‎06-23-2011
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Re: Advice on apping


Meltdownblitz wrote:
I was considering apping for BCP. I have currently 4 new accounts in the last 6 months. Only 2 INQ in the last 6 months on EX. And also opened a Amex zync back in June, therefore almost had it for 6 months of perfect payment history and ran a lot of money through it.  No baddies, FICO is around 720. What do you think my chances are of getting approved? Opinions appreciated thanks.


See my post this may help you decide, I don't know what your overall file looks like but I had a lot of inqs, a lot of new/newer accounts within a 6month period, a short history and only had my Zync for 1 month and I was approved for the BCP with a $6000CL

 

http://ficoforums.myfico.com/t5/Credit-Cards/Amex-question/td-p/1038106/highlight/false

 

Good luck if you decide too go for it!

 

 


Starting Score:4/5/11 TU 660 fico, EQ 634 fico, EX 647 (Credit Inform)
Current Score:07/04/12 Myfico TU 690 Walmart fico 702, EQ 660 fico 07/05/12, EX fico 689 06/03/2012 (Amex)
Goal Score: 750+


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Frequent Contributor
Posts: 380
Registered: ‎06-01-2011
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Re: Advice on apping

Thanks mekitcat. Really makes me want to app for it now! Haha.

I've had my zync for 6 months in beginning of December, (5 months currently), will waiting till that 6th month have an effect on my chances of approval or probably not?
 
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