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Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
0

Application Strategy: One INQ to Burn

 

Since all my CRs are free of INQS, I am thinking of a mini-spree burning one per CR.

 

AFAIK, Barclays is a consistent TU puller.  Any others exclusively pull TU?

 

I do not want tp pay $10 to unfreeze EX, so I will give a miss to any exclusive EX pullers.

 

That leaves EQ.  I burned one INQ on NFCU and will burn one more on USAA for a CLI.  That leaves me one EQ left I am willing to burn.  Any ideas about the following:

 

BOA

Citibank

Wells Fargo

US Bank

 

Which of the above pull EQ and which one is the least likely to decline for 2 INQS?

 

For some reason every time I app BOA they give me the b.s. line of "no mortgage accounts" as a reason for disapproval.

IAALBNYL
Valued Contributor
vish1
Posts: 1,129
Registered: ‎01-20-2011
0

Re: Application Strategy: One INQ to Burn

I believe

Boa is primarily EX

Citi is generally EQ

US Bank is primarily TU

Amex PRG | BoA Cash rewards 35K | BoA Cash rewards 7K | Citi AAdvantage 15 K | Chase Sapphire Preferred 11 K | Chase Freedom 10k | Chase United 5 K | Chase Southwest 5K | Chase Airtran 6.4K | Discover IT 8K | Barclays US Airways 7.8 K | DCU 3 K | US Bank Flex Perks 8K | Toys r US 6 K | JC Penney 4.6 K | Macy's 1200 | Kohl's 600
Ex Fico: 762 (PSECU)
EQ Fico: 764 (DCU)
TX Fico: 773 (Discover)
Valued Contributor
MrShush
Posts: 1,412
Registered: ‎04-18-2008
0

Re: Application Strategy: One INQ to Burn

I would go for US Bank for a TU hit or Discover if you dont already have one.
Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
0

Re: Application Strategy: One INQ to Burn


MrShush wrote:
I would go for US Bank for a TU hit or Discover if you dont already have one.

I have Discover, and I am leaning towards your suggestion of US Bank.  I wonder how they are for approvals?

IAALBNYL
Valued Contributor
MrShush
Posts: 1,412
Registered: ‎04-18-2008
0

Re: Application Strategy: One INQ to Burn

I got approved for the Flexperks Select Visa back in late November with no relationship or Us Bank in my state for 12.5k and they pulled TU. Score wad about 749 at the time of approval.
Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009
0

Re: Application Strategy: One INQ to Burn


MrShush wrote:
I got approved for the Flexperks Select Visa back in late November with no relationship or Us Bank in my state for 12.5k and they pulled TU. Score wad about 749 at the time of approval.

I just checked my spreadsheet and I applied on a supposedly preapproval w/ US Bank a year ago and got shot down:

 

- Length of time accounts have been established
- Number of inquiries within the past twelve months
- Length of time revolving / open accounts have been established

 

I'm wondering if the one year that has passed is sufficient to stand a decent chance.  I think my TU is about 740 now.

IAALBNYL
Valued Contributor
MrShush
Posts: 1,412
Registered: ‎04-18-2008
0

Re: Application Strategy: One INQ to Burn

 


O6 wrote:

MrShush wrote:
I got approved for the Flexperks Select Visa back in late November with no relationship or Us Bank in my state for 12.5k and they pulled TU. Score wad about 749 at the time of approval.

I just checked my spreadsheet and I applied on a supposedly preapproval w/ US Bank a year ago and got shot down:

 

- Length of time accounts have been established
- Number of inquiries within the past twelve months
- Length of time revolving / open accounts have been established

 

I'm wondering if the one year that has passed is sufficient to stand a decent chance.  I think my TU is about 740 now.


That's all on you :smileywink:

 

Established Contributor
valley_man0505
Posts: 879
Registered: ‎05-29-2008
0

Re: Application Strategy: One INQ to Burn

[ Edited ]

I live in an area where almost everyone uses TU.  However, US Bank has always pulled EQ for me for any apps or CLI requests.  However, I do know that they monitor TU for existing customers--I once got a CLD from them and their explanation was that they saw something they didn't like on the TU report that they review monthly.

 

FYI...not sure what the OP's scores are, but US Bank will require a minimum 680 FICO.

 

 

ETA:  Re-read the thread and realized OP posted score in later message.  Sounds like the 680 requirement won't be an issue--they should approve.

Valued Contributor
vish1
Posts: 1,129
Registered: ‎01-20-2011
0

Re: Application Strategy: One INQ to Burn

 


O6 wrote:

MrShush wrote:
I got approved for the Flexperks Select Visa back in late November with no relationship or Us Bank in my state for 12.5k and they pulled TU. Score wad about 749 at the time of approval.

I just checked my spreadsheet and I applied on a supposedly preapproval w/ US Bank a year ago and got shot down:

 

- Length of time accounts have been established
- Number of inquiries within the past twelve months
- Length of time revolving / open accounts have been established

 

I'm wondering if the one year that has passed is sufficient to stand a decent chance.  I think my TU is about 740 now.


Well, IMO it should be more than sufficient. I got their flex perks select visa this january (my history was only 1 year old) and they gave me 8000 CL (my highest CL at that point was 2250). I applied using the pre approval they had sent me and it was an instant online approval.

 

Amex PRG | BoA Cash rewards 35K | BoA Cash rewards 7K | Citi AAdvantage 15 K | Chase Sapphire Preferred 11 K | Chase Freedom 10k | Chase United 5 K | Chase Southwest 5K | Chase Airtran 6.4K | Discover IT 8K | Barclays US Airways 7.8 K | DCU 3 K | US Bank Flex Perks 8K | Toys r US 6 K | JC Penney 4.6 K | Macy's 1200 | Kohl's 600
Ex Fico: 762 (PSECU)
EQ Fico: 764 (DCU)
TX Fico: 773 (Discover)
Valued Contributor
Imhotrodcrazy
Posts: 1,533
Registered: ‎03-11-2009
0

Re: Application Strategy: One INQ to Burn

I just wanted to throw  my 2 cents in  about US Bank.  I live in So calif  and they pulled EX for me.  However,  they gave me two cards for the one hard pull.  I have their Flexperks and their Platinum card.  I have voiced my opinion about them before, but I will do it again.  They have always been a great bank to deal with.  Good luck to you in your final decision. 

FICOS
TU 805 11/21/14
EX 806 10/26/14
EQ 828 1126/14
NASA 30K / / Amex 16.5k / / Chase Freedom 10.6k / / / / / SD'd US Bank Cash+ 20k, LOC 15k
Goal - At my age, just staying alive

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