Hello all, still in process of acquiring credit after a horrible last 3 years and I'm really interested in the amazon "store card" and wanted to know if anyone could give me some insight as to what they are looking for. I know its backed by GE which is the main reason (luv button) and this will be my last card for a while (going gardening 
) with that said I've been turned down from best buy and jcp in dec. however my score has since raised about 20 pts with TU whom I understand is who they use? I have an orchard card (300) 0 bal, secured cap 1 (500) 78 bal, and just got a cap 1 unsecured credit steps with a 300 limit yesterday. Anyway any insight would be greatly appreciated and thanks in advance.
IMO, your score is a bit low for GE. I can't tell from your sig if your TU FICO is a real FICO, or is the Vantage FAKO. Your util is low, but do you have any baddies on your cr? How old is your oldest cc? I got an old navy GE cc last year, but I did have one year or cr history on 2 installment loans and only one baddie, which was over 6 yrs old (and has since fallen off). It depends on how recent any baddies are and how long your credit history is. IMO, if you weren't approved for jcp, I doubt you'd be approved for amazon based on your sig scored. Of course, there is no way to tell for sure, but that's just my opinion based on my experience and what I've read here.
@SupraTurbo2jz wrote:Hello all, still in process of acquiring credit after a horrible last 3 years and I'm really interested in the amazon "store card" and wanted to know if anyone could give me some insight as to what they are looking for. I know its backed by GE which is the main reason (luv button) and this will be my last card for a while (going gardening
the TU is a fico and yes i do have baddies sallie mae has 8 months of bad reporting due to forebearence issues they will not resolve have 8 on time payments since, older bk from 03/04 and paid charge off hsbc from 02/06 2 paid state tax liens and just got my approval for removal of irs liens from this 06/11. my oldest cc both opened in october new car loan in dec. AAoA is 4.5 years with my oldest being 22 years.
Seems to be that even tho the score may go higher once the tax issue is resolved I still may not qualify based on the other issues hampering me. I just wanted to get a card that I could grow with and not have a bizillion inquiries plus I would definetly use the card for things I currently need. Don't know what to do at this point, maybe see what my score hits when the liens come off my report and if a substantial jump give it a shot otherwise I'm guessing I'm stuck with what I got until the other baddies fall off...
@SupraTurbo2jz wrote:Hello all, still in process of acquiring credit after a horrible last 3 years and I'm really interested in the amazon "store card" and wanted to know if anyone could give me some insight as to what they are looking for. I know its backed by GE which is the main reason (luv button) and this will be my last card for a while (going gardening
With your current TU score I would recommentd gardening for 6 months and get some good history on your current accounts and hopefully your TU FICO will rise before you app.
@SupraTurbo2jz wrote:the TU is a fico and yes i do have baddies sallie mae has 8 months of bad reporting due to forebearence issues they will not resolve have 8 on time payments since, older bk from 03/04 and paid charge off hsbc from 02/06 2 paid state tax liens and just got my approval for removal of irs liens from this 06/11. my oldest cc both opened in october new car loan in dec. AAoA is 4.5 years with my oldest being 22 years.
I would seriously garden for a year with the current cards and work on getting these items removed and resolved first before apping. You don;t want to waste INQ's and futher damage your scores.
Pretty much my thoughts...I will check back to let you guys know what my score goes to once the liens come off, one is from this year and one is from 08 but I've been making payments on them. Spoke with the advisor this morning and shes processing paperwork as we speak . hopefully will have them removed by end of the month...current util was I think 15% I will get that to under 9% hopefully with another boost in score.
@SupraTurbo2jz wrote:Pretty much my thoughts...I will check back to let you guys know what my score goes to once the liens come off, one is from this year and one is from 08 but I've been making payments on them. Spoke with the advisor this morning and shes processing paperwork as we speak
Recent liens are almost always a dealbreaker for new CC's. Make sure you get it removed and not updated to paid.
nope they will be removed as per the irs new program. they are completely withdrawen* as if it never happed...to bad the state of Ohio doesn't do this.