BA 99/500 approved in late 4/08 w/EX in the high 500s, 5 figure unpaid tax lien from 2003, @ least 3 CAs on my reports, 2 unpaid cc chargeoffs on my reports, and several 30-120 day lates. how/why BA approved me is beyond me b/c @ that time, the only ccs i had were orchard (2; 300 CL ea.) and first premier (2; 250 and 350 CL ea.). oh yes, to make me look even more stellar (lol not) to BA, i had burned them in the past w/2 ccs and never paid on them. however, when i applied w/BA, my newest baddie was from 2003, so maybe that semi-redeemed me.
btw, why not add some 'middle of the road ccs' while waiting to be approved by 'real banks'? i added hooters, target red, and cap 1 right around the time i added BA. cap 1 started @ 300 and is already @ 1.1k CL and hooters should give me a CLI before my BA 99/500 graduates. my reasoning for adding the 'middle of the road ccs' is that by the time my BA graduates, i figure they'll want to 'beat my other CLs', so rather than the usual CLI to 1k, maybe BA will give me more....so i hope. by this time next year (if not sooner), more 'prime' banks (like citi) should be fawning over me LOL
ps, another option= citibank secured cc.
lastly, it's not all about ficos...some lenders (penfed in my experience) will NOT touch you w/ANY collections on your reports, even if your ficos are in the mid 600s and your baddies are OLD.
Message Edited by creditreformer on
09-06-2008 07:25 PM