Any chances of approvals??

[BearsAndTurtlesRtheBest]

EQ FICO of 680 with a high UTL 31%, according to Equifax.com her AAOA is 2 years 5 months  on both EQ and TU but her EX is 1yr in AAOA with her 9 inquries touching the 1 year markdown EQ has 4 inq. Tu has 6 and they are all touching 1 year markdown on APRIL 2013 TU FICO is 672 and EX PLUS is 633 since she has 9 inq.and high UTL but once lowering them it will forsure rise. she has Old Navy $1,300 CL(opened April 2012), American Eagle $1,250 CL(opened April 2012) (requesting cli/pressing luv botton in april for them both) Chevron $1,100 CL(opened April 2012), Macys $300 CL(Opened April 2012), Sport Chalet VISA Platinum $3,000 CL(opened February 2012) and LOWES (AU) $8,500 CL reporting acct open since April 2003 which only reports to EQ and TU not EX. What you guys think?? 

cards she wants are

-Barclay apple finance  visa

-Discover It

-Chase freedom Mastercard

-MAYBE AMEX BCE is you guys think it will go through

-lenscrafters (GE)

[09Lexie]

What do you think the Util will be at the time of app'ing? IMO, I would get the util down, get SP's only for CLI's and once that posts she should be ok for Discover, chase and Barclays.

Any baddies?

[BearsAndTurtlesRtheBest]

no baddies at all shes 19 and just started her credit journey with Sports chalet VISA platinum issued by US Bank on February 2012 so its now been 1 year and 3 months of credit history

[09Lexie]

And the util will report what next month?

[RyVision]

If I read correctly:

GE Lenscrafters: Probably

Discover IT:  Possible

Chase:  Not likely, maybe a 50\50 chance

AMEX BCE:  Hard to say, AMEX has been odd lately.  Previously I would have said not yet, no. 

Barclays:  Only with a good recon most likely,  chance of instant yes is slim.

Of course YMMV and no one can predict for sure.  If she has spotless reports her chances are better at least.  31% UTIL is not that high but under 23% would be better, less than 10% would be best.    JM2C

[BearsAndTurtlesRtheBest]

it looks like old navy and AE accts wil receive cli not until May 8th which is when the 4 statment cuts. Thats exactly 1 month.

[BearsAndTurtlesRtheBest]

Best thing to do is wait right?  hate waiting but its better than feeling sorry for not waiting and receiving that instant denial. 

[BearsAndTurtlesRtheBest]

im going to bed. keep posting any ideas and ill reply 2morrow. Goodight every1! and thanks for all your advice

[jamie123]

I think you should wait until May before apping for anything. In the mean time try and get the UTI down as much as you can.

When it comes time to app I would suggest adding only 2 cards, any more than that and she is destroying her AAoA and risks rejection.

She is at the point where she sould only be apping for cards from the PRIME banks. These banks will grow with her for a lifetime and give her some really great CL down the road. The prime banks are:

AMEX

Bank of America

Chase

CitiBank

Discover

Wells Fargo

It would be great for her to get an AMEX as soon as possible but they are very income sensitive and her scores need to be at least 680 across the board.

I would therefore recommend apping for Chase and then Discover. She should then wait another year and apply for 2 more cards from the other prime banks.

[BearsAndTurtlesRtheBest]

WOW thanks for the advice everyone!^^ Ill update how things turn out in May with the cli and utilization.